Nigeria’s producers raised selling prices of their output strongly as foreign currency (FX) scarcity adds to companies’ cost pressures by the end of 2022. The headline...
Exchange rate convergence has worsened across the regulated and open market. At the year end, the gap between dollar spot rate at the investors and exporters...
Russia’s shadow army boss has tried to explain away his mercenary group’s failure to take the Ukrainian stronghold of Bakhmut by claiming Ukraine has “500 lines...
Obi of Onitsha, Nnaemeka Achebe has reacted to a statement credited to presidential spokesman, Garba Shehu, that he had disagreement with former President Olusegun Obasanjo over...
The Auditor General of the Federation (AuGF) has alleged that the Nigerian National Petroleum Company (NNPC) Limited exported 17.877 million barrels of crude without proper documentation...
Lebsey Petmia Lebaga, a 22-year-old Cameroonian has emerged as the 2022 Future Africa Leaders Awards (FALA) star prize winner, defeating nine other finalists from different countries...
Elon Musk’s Starlink, a satellite internet service, has announced the prices for its starter kits as preorder sales begin in Nigeria. Starlink made the...
Motorists are expressing sadness over the increasing financial burden imposed with the kick-odd of the new motor premium insurance rates on Tuesday. The National Insurance Commission...
The Central Bank of Nigeria (CBN) has said the use of cash will naturally slow by 2025 as Nigeria aspires to have a cashless and efficient...
Amidst fuel scarcity in Nigeria for the past months, President Muhammadu Buhari has promised fuel delivery assistance to Burundi. According to a statement made available by...