The Central Bank of Nigeria (CBN) has achieved a significant milestone by settling all valid foreign exchange backlogs amounting to $7 billion, fulfilling a crucial promise...
President Bola Ahmed Tinubu’s Executive Orders aimed at incentivizing the Nigerian oil and gas industry, encouraging new investments in the sector, reducing contracting costs and timelines,...
Nigeria’s economy grapples with escalating pressure as inflation surges to 31.70% in February 2024, marking a notable rise of 1.80 percentage points from January 2024’s rate...
Up to 305 youths from the 17 host communities of Dangote Cement’s Ibese plant operations have been trained and empowered with multi-million Naira start-up packs in...
In a financial move poised to impact the nation’s fiscal landscape, the Central Bank of Nigeria (CBN) is gearing up for a Treasury Bills Primary Market...
In a surge of market enthusiasm, Bitcoin smashed through a historic barrier, surpassing $71,000 on Monday. The cryptocurrency’s upward trajectory is fueled by growing demand and...
The Nigerian Exchange Group (NGX) joined the world on Friday, March 8, 2024, to commemorate the International Women’s Day (IWD) by leveraging its Closing Gong Ceremony...
In a testament to Nigeria’s economic strength, the country’s external reserves have surged by 2.83% year-to-date, propelled by increased foreign capital and remittances. Recent data from...
The dwindling fortunes of the manufacturing sector in Nigeria saw 767 industries closed down while 335 went into distress in 2023 alone. The Manufacturers Association...
Binance, a prominent cryptocurrency exchange, has announced its decision to terminate all services linked to the Nigerian naira. The move comes amidst allegations that Binance played...
