Naira falls to N1,600 per dollar in the parallel market, reflecting ongoing economic challenges. Learn more about the causes and implications of this depreciation. On Monday,...
The NNPC faces challenges in managing the deepening fuel scarcity, leading to a booming black market across the country. On Sunday, the black market for Premium...
MTN and several companies have been granted permits to generate electricity in Nigeria, aiming to enhance power supply and reduce reliance on the national grid. Golden...
Former CBN Deputy Governor Kingsley Moghalu advises against the Central Bank of Nigeria directly funding SMEs and MSMEs, suggesting alternative support mechanisms. The Central Bank of...
The Federal Government issues a stern warning to fuel marketers, threatening to revoke licenses if caught hoarding fuel, as the country grapples with scarcity. Oil marketers...
Elon Musk’s Starlink plans to establish ground stations in Lagos, alongside two other states, boosting its Nigerian operations. Starlink, a satellite internet corporation established by Elon...
The Nigerian stock market experienced a significant drop, losing N57bn in a single day, signaling a volatile trading period. For the fourth session in a row,...
NBS has identified the three most affordable states to live in Nigeria, offering relief amid rising hardship and economic challenges. According to the National Bureau of...
GTBank reacts to a recent hacking incident, assuring customers that their data remains safe and secure. GTBank, a leading financial institution in Nigeria, has provided assurance...
Nigeria’s inflation rate has decreased for the first time since 2022, signaling a potential shift in the economic landscape. In July 2024, there was a year-on-year...