Business & Finance
Nigerian Stock Market Experiences 0.33% Decline Amid Reduced Trading Volume
The Nigerian All-Share Index (ASI) dropped by 0.33% yesterday, losing 326.40 points and ending at 98,232.39. Trading volume also fell...
Bitcoin Plunges To $60,000 Amid Escalating Iran-Isreal Tensions
Bitcoin, the dominant digital currency in the world, has nosedived to $60,000 yesterday after Iran launched a missile assault against...
Middle East Conflict Sparks Oil Price Hike: Brent Up $1.00 to $74.56
Brent crude oil has staged a recovery in early trading today, as geopolitical tensions in the Middle East rise. Brent...
Naira Devaluation Pushes Starlink Out of Reach for Many Nigerians
Over the past few years, there has been a decline in the value of the naira, leading to a 115.25%...
Dollar, Euro and Pounds To Naira Exchange Rate For Today, October 2 2024
As of today, October 2 in Lagos, Abuja and Kano, here are the exchange rates for the Nigerian Naira (NGN)...
Nigeria Settles $2.4 Billion Cash Call Debt with International Oil Companies
The Nigerian National Petroleum Company Limited (NNPC) has paid $2.44 billion to multinational oil companies, meeting its financial commitments. This...
Nigeria Records Significant Decline in Petrol Importation Following Subsidy Removal
Nigeria has witnessed a substantial decrease in petrol imports after President Bola Tinubu decided to end fuel subsidies in May...
Naira Plunges to 7-Month Low in Parallel Market
The Nigerian Naira ended September 2024 in a poor state, reaching its lowest point in seven months in the parallel...
Nigeria’s Economic Growth: The Sleeping Giant That Needs to Wake Up
Nigeria, the most populated country in Africa, has a lot of resources but is still trying to succeed in the...
CBN Reports Significant Increase In Government Credit For August
The Central Bank of Nigeria (CBN) has reported a big rise in loans to the Federal Government. In August, these...
World Bank Approves $1.7 Billion Loan To Boost Nigeria’s Health, Education, And Power Sectors
The World Bank has agreed to give Nigeria a $1.57 billion loan to help with improving people's lives and making...
Customers Blame First Bank for Frequent Debits
Several First Bank Plc clients have gone to social media to criticise the bank for what they see as needless...
Dollar, Euro and Pounds To Naira Exchange Rate For Today, September 30 2024
As of today, September 30 in Lagos, Abuja and Kano, here are the exchange rates for the Nigerian Naira (NGN)...
Zimbabwe’s New Currency, ZIG Plummets 40% Against USD
Zimbabwe's central bank has announced a significant adjustment to the official exchange rate, causing the country's new currency, the ZiG,...
Nigeria’s Rural Unemployment Rate Surges to 4.3% in Q1 2024
The National Bureau of Statistics (NBS) has released its Nigeria Labour Force Survey (NLFS) for the First Quarter 2024, revealing...
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