Naira Falls to ₦1,585/$ in Parallel Market, Exchange Rate Widens
The Naira continued its downward trend on Wednesday, falling to ₦1,546 per dollar in the Nigerian Foreign Exchange Market (NFEM)...
Business
Naira Depreciates to N1,570/$ in Parallel Market, Gains in Official Window
The Naira depreciated to N1,570 per dollar in the parallel market on Monday, down from N1,545 per dollar recorded over...
Dangote Cries Out About Problems Hindering Nigeria From Industrialization
Africa’s richest man, Aliko Dangote, has identified unstable electricity supply and inconsistent government policies as the biggest obstacles to industrialization...
Nigerian Government Sues Binance for $79.5 Billion Over Alleged Economic Losses and Tax Evasion
The Federal Government of Nigeria has filed a lawsuit against Binance, demanding $79.5 billion in damages for alleged economic losses...
Airtel Increases Data and Call Rates Following Tariff Adjustment
Airtel Nigeria Adjusts Data and Call Tariffs Amid Rising Costs Airtel Nigeria, the country’s second-largest telecom provider, has updated its...
Banks Restricting Withdrawal Below N20,000 Will be Sanctioned
The CBN has threatened to sanction any bank limiting its ATM withdrawals to lower than N20,000 per transaction for non-compliance....
Nigerians Lament as Mobile Operators Hike Data Tariffs
Nigerians have taken to X (formerly Twitter) to express frustration after waking up to higher mobile data tariffs imposed by...
Naira Appreciates to N1,630 per Dollar in Parallel
The Naira appreciated yesterday, trading at N1,630 per dollar in the parallel market, up from N1,640 per dollar on Tuesday....
Ye Raises To Billionaires Statue Again
Ye (also known as Kanye West), has been confirmed as a billionaire by ETON Venture Service. The award-winning artist, businessman,...
World Bank Projects 3.6% Economic Growth for Nigeria
The World Bank recently projected an average economic growth rate of 3.6 percent for the Nigerian economy between 2025 and...
