The naira continued its recovery against the US dollar on Tuesday, gaining N6 to trade at N1,601/$1 in the Nigerian Autonomous Foreign Exchange Market (NAFEM), compared...
The forex turnover on Nigeria’s FMDQ, the official exchange rate trading platform, fell to just $61.9 million on Tuesday, marking the lowest daily turnover...
Kanyeyachukwu Tagbo-Okeke, a 14-year-old Nigerian artist, is attempting to set a new Guinness World Record for the largest artwork on canvas, with a piece spanning...
The Central Bank of Nigeria (CBN) has approved the merger between Unity Bank and the Providus Bank Limited. The CBN’s acting Director of Corporate Communications, Hakama...
Nigeria has faced a tumultuous five days, marked by hunger protests and escalating violence that have severely impacted the economy. Security red alerts have spread...
Fitch Ratings has downgraded Dangote Industries Limited (DIL), the conglomerate owned by Nigerian billionaire Aliko Dangote, from ‘AA(nga)’ to ‘B+(nga)’, placing the company on Negative...
Nigeria has faced its fifth nationwide blackout of 2024, marking another severe disruption in the country’s power supply. According to various distribution companies (DisCos),...
Oil marketers have called on President Bola Tinubu to scrutinize the activities of the Nigerian National Petroleum Company (NNPC) Limited, the Depots and Petroleum...
A global stock market downturn that began last weekend is now impacting the Nigerian Exchange (NGX), with midday trading data showing a decline in the market....
The Ogun State Government has charged Heads of Local Government Administrations (HOLGAs) to effectively manage their respective council areas, ensuring seamless governance. This directive comes on...