The Federal Government of Nigeria has incurred an additional N3.8 trillion in Ways and Means borrowing from the Central Bank of Nigeria (CBN) in the last...
This week, there has been a notable reduction in cement prices across Nigeria, influenced by various market dynamics and government interventions. Initially, a standard 50kg bag...
In a welcome development for consumers across Nigeria, the price of rice and other essential food commodities has significantly decreased this week. The price drop brings...
A prominent financial data and media company, Bloomberg, has recently ranked the Dangote Refinery in Nigeria higher than the top 10 largest refineries in Europe. Based...
What is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)? See the black market Dollar to...
Air Peace, a prominent Nigerian airline, is gearing up to launch its much-anticipated flight route from Abuja to London, expanding its international footprint, announced Festus Keyamo,...
The digital lending landscape in Nigeria has witnessed significant growth, with an array of licensed loan app companies offering credit facilities to both individuals and businesses....
The Nigerian naira took a steep dive on Thursday afternoon, hitting N1,450 per dollar in the parallel market, marking an 8.28% decline or a N120 difference...
Telecommunications companies in Nigeria, including Airtel, MTN, 9Mobile, and Glo, are advocating for a tariff increment, citing economic realities and sustainability concerns. The move, proposed in...
PZ Cussons has announced it’s intention to exit Africa’s business environment. Speaking on Wednesday, April, 24, the company said it has begun a strategic review of...
Nigerian telecom operators have reiterated their request for an upward tariff revision to counterbalance the escalating expenses associated with their operations and investments in the sector....
Despite Dangote Industries’ notable price reduction on diesel, many Nigerians continue to struggle with the high cost of the fuel essential for powering generators, trucks, and...
The President of the All Farmers Association of Nigeria (AFAN), Kabir Ibrahim, has revealed that imported rice from India carries a landing cost of $58 per...
The naira experienced a significant depreciation, falling to ₦1,300 per dollar in the parallel foreign exchange market on Wednesday, a 3.17 per cent drop from its...
Commuters in the Federal Capital Territory and five other states faced severe transportation hurdles on Wednesday as a sudden scarcity of Premium Motor Spirit (PMS), commonly...
MRS Oil Plc has reduced the price of Automotive Gas Oil (AGO), commonly known as diesel, to ₦1,050 per litre across its outlets nationwide. Naija News...
What is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)? See the black market Dollar to...
The Central Bank of Nigeria (CBN) has denied issuing a fresh directive to Deposit Money Banks, Non-bank Financial Institutions and other Financial Institutions in the country...
Rice millers in Nigeria are experiencing a significant relief in production costs and are passing these savings on to consumers following the reopening of the Nigeria-Niger...
The Naira on Wednesday depreciated in the Nigerian Foreign Exchange Market, (NAFEM) to N1,300.15 per dollar, exceeding the parallel market rate by N45.15. Data from the...