Traders in the Wuse Zone 4 area of Abuja were reportedly running helter-skelter on Monday after the Economic and Financial Crimes Commission operatives stormed the area....
A recent report by Statisense has ranked the Nigerian Naira and the Argentine Peso among the top 15 weakest currencies against the U.S. dollar, highlighting ongoing...
Panic has gripped some bank customers following a recent directive from the Central Bank of Nigeria (CBN), which imposes a temporary ban on mobile money operators,...
The Nigerian National Petroleum Company Limited (NNPCL) commenced the offloading of 240 million litres of Premium Motor Spirit (PMS), commonly known as petrol, on Monday to...
The Nigerian currency, the Naira, has experienced a significant decline in value, falling to ₦1,340 per dollar in the parallel market, a notable decrease from N1,300...
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 reportedly barred some online microfinance banks from opening new accounts and accepting new customers. Naija News reports that the...
The World Economic Forum, in conjunction with digital technology consultants Capgemini, has released a new white paper forecasting that an astonishing 92 million jobs are anticipated...
The Naira experienced a significant 23% decline against the dollar last week, attributed to heightened demand for dollars in the parallel market driven by both banks and end-users,...
The Nigerian Naira has shown signs of recovery, appreciating by ₦125 to close at ₦1,275 per US dollar over the weekend, marking a significant improvement from...
The Nigerian National Petroleum Company Limited (NNPCL), on Sunday, reacted to the scarcity of fuel across Nigeria. The Chief Corporate Communications Officer, NNPC Ltd, Olufemi Soneye,...
The Independent Petroleum Marketers Association of Nigeria (IPMAN), on Sunday, spoke on the current fuel scarcity in Nigeria. According to IPMAN, the petrol scarcity currently spreading...
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...
A recent survey has revealed a significant drop in the prices of staple food items in Adamawa, Borno, and Yobe states. This development is a welcome...
Dangote Cement, the largest cement producer in Africa, has reported an unprecedented peak in quarterly revenue for the first quarter of the year, reaching ₦817.4 billion. Naija...
Governors of all 36 states in Nigeria have united to address the nation’s chronic power shortages by challenging the existing monopoly of Distribution Companies (DisCos). Naija...
The economic development of regions, such as Africa, heavily depends on accessible and affordable fuel prices. Low fuel prices play a crucial role in various aspects of a country’s economy,...
The Central Bank of Nigeria (CBN) has removed the data which provided a fresh loan of N3.8 trillion in Ways and Means to the federal government...
The Nigerian Naira recorded a significant appreciation in the parallel market, strengthening to ₦1280/$ yesterday, as reported by Nairametrics from currency traders. This marked an impressive...
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...