Business & Finance
Central Bank of Nigeria Warns of Increasing Financial Pressures on Nigerians
According to a recent report issued by the Central Bank of Nigeria (CBN), a rising monetary distress has been warned...
Nigeria’s Non-Oil Exports Rise 6.26% to $2.7 Billion in H1 2024
The Nigerian Export Promotion council (NEPC) has announced that non-oil exports generated $2.7 billion in revenue for the first half...
Dollar, Euro and Pounds To Naira Exchange Rate For Today, August 29 2024
As of today, August 29 in Lagos, Abuja and Kano, here are the exchange rates for the Nigerian Naira (NGN)...
FG Directs ICNL to Pay 70% Liability For the Damaged Export
Inland Container Nigeria Limited (ICNL), the operator of Kaduna Inland Dry Port (KIDP), has been ordered by the Nigerian Shipper's...
Warren Buffett’s Midas Touch: Unveiling the Secret to Berkshire Hathaway’s $1 Trillion Triumph
As Berkshire's cash pile reaches a record high, Buffett's caution in a bull market is noteworthy. His reluctance to invest...
NGX Banking Sector Exhibits Recovery Signs, Outperforms Other Sectors
The NGX Banking sector tracked by the NGSEBNK10 index, has shown a significant recovery trend over the last 14 weeks,...
Nigeria’s Cocoa Exports Surge 304% In Q1 2024
According to recent data from the National Bureau of Statistics (NBS), cocoa exports in Nigeria increased remarkably by 304% during...
Dollar, Euro and Pounds To Naira Exchange Rate For Today, August 28 2024
As of today, August 28 in Lagos, Abuja and Kano, here are the exchange rates for the Nigerian Naira (NGN)...
US Crude Oil Prices Dip Below $77 Amid Libyan Production Halt
U.S. crude oil futures are less than $77 per barrel on Tuesday, after a spike caused by Libya's blocks in...
Africa’s Richest Person: Johan Rupert Regains Top Spot As Aliko Dangote’s Net Worth Drops
According to the Bloomberg Billionaires Index, South African billionaire Johan Rupert has dethroned Nigerian entrepreneur Aliko Dangote as the richest...
Binance CEO Calls Out Nigeria’s ‘Baseless’ Claims
The CEO of Binance, Richard Teng, has once again appealed to the Nigerian government to release a detained Binance executive....
Nigerian Regulatory Agency Threatens to Shut Down Filling Stations Over Price Hike
Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has warned that it will sanction filling stations that sell Premium Motor...
NNPC Ltd Commences Liquefied Natural Gas Supply to Japan and China
The Nigerian National Petroleum Company Limited (NNPC Ltd) has announced the transportation of liquefied natural gas (LNG) cargoes to Japan...
Dollar, Euro and Pounds To Naira Exchange Rate For Today, August 27 2024
As of today, August 27 in Lagos, Abuja and Kano, here are the exchange rates for the Nigerian Naira (NGN)...
Nigeria’s Economy Records Accelerated Growth In Q2 2024
Nigeria's National Bureau of Statistics (NBS) has reported a remarkable rise in the country's Gross Domestic Product (GDP) for the...
We launched Federal Character in February 2021 based on the belief that the world is in need of smarter and more efficient reporting of events shaping our rapidly changing world. We pledged to put our audience first, always.