Credit: Xinhua/NAN The central parity rate of the Chinese currency renminbi, or the Yuan, strengthened 48 pips to 7.2085 against the dollar on Thursday....
The Central Bank of Nigeria (CBN) has raised red flags over rising loan defaults among Large Private Non-Financial Corporation’s (PNFCs) and Other Financial Corporations (OFCs), signaling...
As Nigeria continues to grapple with inflation and a depreciating currency, a quiet but significant transformation is unfolding in homes and marketplaces across the...
ACP Abayomi Faniyi Bows Out in Grand Style After a Distinguished Career LAGOS – The bustling city of Lagos witnessed an emotional and grand farewell as...
In a landmark move poised to redefine Nigeria’s automotive industry, LOXEA Nigeria, a subsidiary of CFAO Mobility, has officially launched the BYD (Build...
The United States Mission in Nigeria has announced a significant change to the visa interview process for Nigerian applicants, introducing stricter requirements aimed at...
In a stark shift from its previous bullish stance, U.S. investment bank J.P. Morgan has issued strong advisory urging investors to unwind long positions in Nigerian...
Massilia Motors, the exclusive distributor of Mitsubishi vehicles in Nigeria and a joint venture with CFAO Mobility, has officially launched the all-new Mitsubishi L200 pickup into...
China has sharply escalated its trade dispute with the United States, announcing a dramatic hike in tariffs on American imports from 84% to 125%, effective Saturday,...
Despite a steep decline in the U.S. dollar index, the Nigerian naira has failed to strengthen, continuing to trade at around N1,625 per dollar in the...