Nigeria’s currency, the naira, has taken a sharp downturn, becoming the world’s worst-performing currency in the past month, a recent Bloomberg report highlights. This development has...
The International Monetary Fund (IMF), has recommended that Nigeria’s government mandate global crypto trading platforms to register or secure licenses before commencing operations in the country....
As food prices continue to soar in Nigeria, households are feeling the pinch, grappling with the rising cost of staples such as rice, beans, and garri....
Abia State Governor, Alex Otti, has called for the establishment of widespread agricultural ventures across the country. Naija News reports that the governor articulated this vision...
The International Monetary Fund (IMF) has recommended that Nigeria implement regulatory measures requiring global cryptocurrency trading platforms to register or obtain licenses to operate within the...
In recent days, the Nigerian Naira has continued to exhibit signs of instability against the US dollar, despite various interventions by the Central Bank of Nigeria...
Despite concerted efforts by President Bola Tinubu’s administration, the prices of cement from major producers like Dangote and BUA continue to fluctuate, affecting countless Nigerians and...
Eight financial institutions listed on the Nigerian Exchange (NGX) Limited declared ₦1.333 trillion profit in the first quarter (Q1) ended March 31, 2024. Amidst domestic and...
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...
According to data released by the Central Bank of Nigeria (CBN), Nigeria spent a substantial $1.12 billion on servicing its foreign debts in the first quarter...
American Express has partnered with Nigerian neobank O3 Capital to introduce its first business credit card in Nigeria, which could increase access to dollar transactions. O3...
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...
Bankrupt crypto exchange, FTX has announced its plans to distribute between $14.5 billion and $16.3 billion to its creditors and customers globally. This decision follows the...
A troubling report from the International Rescue Committee (IRC) and its partners forecasts that approximately 16 per cent of Nigerians (32 million people) will grapple with...
A report has suggested that Microsoft might be considering shutting its African Development Centre based in Lagos. Naija News reports that if this happens it would...
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...
President of the Africa Fintech Network (AFN), Dr. Segun Aina, has attributed some of the regulatory challenges facing fintechs in Nigeria to the ever-changing nature of their...
The Central Bank Of Nigeria (CBN) has issued a two-month deadline for Point of Sales (PoS) operators to complete registration with the Corporate Affairs Corporation (CAC)....
In light of the lingering fuel scarcity and return of long queues at petrol stations, pump prices are now stabilizing at higher levels among independent and...
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has revealed why stations across the country are currently selling fuel as high as ₦730 per litre. Vanguard...