Business & Finance
FIRS Drafts Executive Bill to Modernize Tax Laws, Regulate Crypto Industry
The Federal Inland Revenue Service (FIRS) is working on a bill that will completely change the revenue administration in Nigeria,...
Despite Tensions, Chinese Investment in US Continues to Rise
The president of the US-China Business Council (USCBC), Craig Allen, talked about the importance of China’s rising investment in research...
Dollar, Euro and Pounds To Naira Exchange Rate For Today, August 18 2024
As of today, August 18 in Lagos, Abuja and Kano, here are the exchange rates for the Nigerian Naira (NGN)...
Africa’s Sovereign Debt Surpasses $1 Trillion, UN Argency Warns
Amidst uncertainties in global economics, the UNECA cautions against growing difficulties in financing. Calling for sustainable debt management strategies as...
Nigerian Exchange Lifts Suspension On Guinea Insurance Plc
The Guinea Insurance Plc shares have been suspended from trading since August 12, 2024 as per Nigerian Exchange Ltd. (NGX)....
Union Bank Records 138% Profit Growth In 2023 Despite N226 Billion Net FX Loss
Union Bank of Nigeria, the country's second-oldest bank, has reported 138% increase in pre-tax profit for the financial year 2023,...
Nigerian Stock Market Experiences 1.51% Decline in Week Ended
The trading week ending August 16, 2024, witnessed a 1.51% fall in the Nigerian equities market due to heightened selling...
Dollar, Euro and Pounds To Naira Exchange Rate For Today, August 17 2024
As of today, August 17 in Lagos, Abuja and Kano, here are the exchange rates for the Nigerian Naira (NGN)...
Dollar, Euro and Pounds To Naira Exchange Rate For Today, August 16 2024
As of today, August 16 in Lagos, Abuja and Kano, here are the exchange rates for the Nigerian Naira (NGN)...
Nigeria’s Inflation Rate Decline To 33.4% In July
In July 2024, Nigeria’s inflation rate has been reported to have decreased to 33.40%. This marks the first decline in...
GTB Staff Opens Up On Hackers Stealing Customers’ Data
One of Nigeria’s foremost commercial bank, Guaranty Trust Bank (GTBank), has debunked the reports of its website being hijacked by...
Dangote Group Stocks Decline Amid Merger Denial And Forex Crisis
The Dangote Group, comprising of Dangote Sugar Refinery and NASCON Allied Industries, has experienced a decline in stock prices due...
NNPCL Uncovers 63 Illegal Refineries as Nigeria’s Oil Industry Grapples with Sabotage and Theft
Oil theft and illegal refining in the Niger Delta region continue to be major challenges in Nigeria. In a recent...
Dollar, Euro and Pounds To Naira Exchange Rate For Today, August 15 2024
As of today, August 15 in Lagos, Abuja and Kano, here are the exchange rates for the Nigerian Naira (NGN)...
US Inflation Rate Dips To 2.9% In July, Boosting Rate Hopes
The United States inflation rate fell to 2.9% last July which was the lowest ever since March 2021 and stirred...
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.