Naira Crashes—Again! Dollar, Euro, Pound Mock Nigeria’s Currency in Black Market Meltdown
The Nigerian Naira has been dealt yet another humiliating blow in the black market, as foreign currencies—particularly the Dollar, Euro, ...
Tag: Business
NNPC May Sell Refineries Amid Mounting Failures, Says Ojulari
The Nigerian National Petroleum Company Limited (NNPC) may finally sell some of its refineries after years of failed repairs and ...
NNPCL GCEO Ignores Senate ₦200 Trillion Probe
The Nigerian National Petroleum Company Limited (NNPCL) has once again landed in the middle of controversy after its Group Chief ...
Dangote Refinery Plans To End Crude Importation By December
The Dangote Refinery plans to stop crude importation by December 2025. This move will allow the refinery to rely fully ...
Oil Drops Ahead of OPEC+ Output Decision
Oil prices slightly dropped on Friday as the market turned its focus to this weekend’s OPEC+ meeting. Many traders expect ...
NNPCL Gets 10-Day Ultimatum Over Missing N200 Trillion
The Nigerian National Petroleum Company Limited (NNPCL) has been given a 10-day ultimatum by the Senate Committee on Public Accounts. ...
Oil Prices Fall as US Sanctions Suggest Diplomatic Iran Strategy
Oil prices fell on Friday after the United States announced new sanctions linked to Iran. This move, instead of stoking ...
Naira Drops Significantly as Dollar, Euro, and Pound Soar to New Highs
As of today, June 19 in Lagos, Abuja and Kano, here are the exchange rates for the Nigerian Naira (NGN) ...
Trump Delays TikTok Sale Deadline for Third Time
U.S. President Donald Trump has announced a further 90-day extension for China-based ByteDance to divest the U.S. assets of its ...
ASOS Appoints New Finance Chief Amid Restructuring
British online fashion giant ASOS has named Aaron Izzard, its current Director of Group Finance, as the new Chief Financial ...
Amazon Expands Prime Day to Four-Day Sale
Amazon has announced that Prime Day 2024, its biggest annual sales event, will run for four days (from July 8 ...
WhatsApp to Show More Ads in App Soon
WhatsApp is introducing three new advertising features across its 1.5 billion-user platform, marking Meta's most aggressive monetization push since acquiring ...
Disney, Universal Sue Midjourney Over AI-Generated Images
Disney and Universal Studios filed a joint lawsuit against AI startup Midjourney in California federal court Wednesday, accusing the company ...
Naira Drops Significantly as Dollar, Euro, and Pound Soar to New Highs
As of today, June 12 in Lagos, Abuja and Kano, here are the exchange rates for the Nigerian Naira (NGN) ...
Air Peace Condemns Airport Assault by Politician
Air Peace has condemned what it described as a violent airport assault by a prominent Nigerian politician who missed a ...
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.