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Nigeria’s E-Commerce Industry Poised To Reach $14.92 Billion By 2029Nigeria’s e-commerce sector is on track to experience substantial growth, with a projected compound annual growth rate...
Traders Deny Allegations Of Indiscriminate Food Price Hikes, Blame InsecurityFood item traders in various Lagos State markets have refuted accusations of arbitrarily inflating prices, attributing the...
Court Authorizes GTB To Seize Afex Assets Over N17.8 Billion Loan DefaultA Federal High Court in Lagos has granted Guaranty Trust Bank (GTB) permission to temporarily...
Naira Appreciates To N1,375/$ In Parallel Market Thursday, 30th May 2024 The Naira saw an improvement in the parallel market yesterday, appreciating to N1,375 per dollar from N1,500...
Nigerian Workers Outraged Over FG’s N58,000 Minimum Wage Offer, Demand N497,000 In a dramatic standoff, Nigerian workers, represented by the Nigeria Labour Congress (NLC) and the...
Naira’s Bleak Outlook: Black Market Exchange Rate For Dollar To Naira On May 13, 2024Recent reports from Bloomberg have highlighted Nigeria’s currency, the naira, as the...
Rising Cost Of Garri Sparks Concern Among Abuja Residents, Calls For SolutionsResidents of the Federal Capital Territory (FCT) are expressing deep concern over the escalating prices...
Towards Sustainable Manufacturing: Urgent Call For Recyclable And Biodegradable MaterialsIn a concerted effort to address the pressing issue of environmental pollution, manufacturers have been urged to...
Aliko Dangote Ranks Sixth Among World’s Wealthiest In Manufacturing IndustryIn a world dominated by industrial titans, Aliko Dangote’s ascent to the ranks of the world’s wealthiest...
Resilience Amid Challenges: Nigeria’s Manufacturing Growth In A Shrinking African LandscapeIn the face of formidable challenges, Nigeria’s manufacturing sector has demonstrated remarkable resilience, bucking the trend...
Market Volatility: Understanding The Impact Of Profit Taking On StocksIn the dynamic world of stock trading, where fortunes can be made or lost in the blink...
Nigeria’s Increasing Debt: A Call For Sustainable Economic PoliciesAs Nigeria grapples with economic challenges exacerbated by global uncertainties and domestic reforms, the recent announcement of a...
Civil Society Groups Sue CBN Over Cybersecurity Levy: A Fight For Citizens RightsThe Socio-Economic Rights and Accountability Project (SERAP), BudgIT, and 136 concerned Nigerians have lodged...
The Struggle Of The Naira: A Tale Of Economic UncertaintyIn the bustling streets of Nigeria, where the rhythm of commerce beats ceaselessly, there lies a silent...
Surge In Cooking Gas Prices Raises Concerns By 55% In NigeriaThe recent report from the National Bureau of Statistics (NBS) has sparked worries as it reveals...
Finance Minister Applauds JET Motors’ Contribution To CNG InitiativeDuring a visit to the JET Motor Company Assembly Plant, Finance Minister Wale Edun commended the company for...
EFCC Warns Banks Against Unauthorized Disclosure Of Investigation DetailsThe Economic and Financial Crimes Commission (EFCC) has cautioned compliance officers in banks nationwide against divulging unauthorized information...
Court Dismisses ₦400 Million Lawsuit Against CBN And UBA Over Bank Account FreezingThe Federal High Court in Abuja has ruled against Babatunde Victor Segun in a...
Minister Commits To Transparent Probe Of Lagos-Calabar Coastal Highway ProjectThe Minister of Works, Senator David Umahi, has declared his preparedness to address the House of Representatives...
Nigerians Brace For Food Crisis As Staple Prices Double In A YearThe cost of essential food items in Nigeria, including rice, garri, yam, and beans, has...
Black Market Dollar To Naira Exchange Rate Today: Understanding The Economic ImplicationsThe fluctuating exchange rate between the US Dollar (USD) and the Nigerian Naira (NGN) has...
IMF Recommends Licensing For Cryptocurrency Firms In NigeriaIn a recent development, the International Monetary Fund (IMF) has recommended that Nigeria’s government take proactive measures to regulate...
Rising Food Prices In Nigeria: Experts Warn Of Impending CrisisAs food prices continue to climb in Nigeria, households are facing increasing financial strain, grappling with the...
Economic Challenges: Grasping The Dynamics Of The Dollar-Naira Exchange RateIn the face of economic fluctuations, understanding the dynamics of the dollar to naira exchange rate becomes...
Tech Sector Shakeup: Microsoft Reportedly Closing West Africa Operation In NigeriaIn a significant development for Nigeria’s technology sector, reports have emerged indicating that Microsoft is contemplating...
Central Bank Releases Full List Of Deposit Money Banks In NigeriaThe Central Bank of Nigeria (CBN) has unveiled the complete list of deposit money banks and...
Independent Marketers Hike Petrol Prices Despite Improved Supply; Motorists Express ConcernRecent reports reveal that petrol prices across Nigeria have surged, with independent marketers leading the increase...
CBN Suspends Charges On Cash Deposits, Introduces Cybersecurity LevyIn a bid to ease financial burdens on customers, the Central Bank of Nigeria (CBN) has announced the...
Reps Committee Unveils Shocking Disparity In Cement Prices, Urges Remedial ActionThe House of Representatives Joint Committee has released its findings on the steep rise in the...
CBN Sets Deadline For Pos Operators’ Registration: Fintech Industry Braces For ComplianceThe Central Bank of Nigeria (CBN) has announced a two-month deadline for Point of Sales...
Understanding Electronic Transaction Levies: Impact On NigeriansThe Central Bank of Nigeria (CBN) has issued a new directive imposing a 0.5% cybersecurity levy on all electronic transactions,...
Controversy Brews As FG Plans To Delist Naira From P2P Platforms: Nigerians Voice ConcernsIn a move that has sparked heated debate, the federal government has announced...
Border Communities In Cross River State Decry Refugee Influx And Farm Encroachment Numerous communities situated along the borders of Obanliku and Obudu LGAs in the Northern...
NASS Blamed For Economic Failures And Rising Debt In Nigeria, Says Ita Enang Senator Ita Enang, former Special Adviser to the President on National Assembly Matters,...
Nigerian Navy Rescues 250 Individuals From Boat Accident In Rivers The Nigerian Navy has reported the successful rescue of over 250 passengers from a capsized passenger...
IPMAN Threatens To Halt Fuel Supply Due To Unpaid N200bn Debt The Independent Petroleum Marketers Association of Nigeria (IPMAN) has issued a warning amid the escalating...
Railway Property Management Company To Renovate Facilities In Kaduna The Nigeria Railway Property Management Company Limited (RPMCL) in Kaduna has announced plans to initiate the renovation...
Here Are The Top 10 African Countries With The Most Affordable Fuel Prices As Of April 2024: Libya – $0.031 (Global rank: 2nd) Egypt – $0.281...
Fuel Scarcity Resurfaces In Zamfara, Sparking Long Queues At Filling Stations Fuel scarcity has reemerged in parts of Zamfara State, leading to many filling stations being...
UK Skilled Work Visa Job Categories See Significant Pay Increase (FULL LIST) The UK government has unveiled a noteworthy 48% surge in the minimum salary threshold...
Fire Disrupts Operations: Flights Diverted From Lagos Airport Wing A fire incident at the Murtala Muhammad International Airport (MMIA) in Lagos on Thursday prompted the Federal...
Fuel Scarcity Grips Abuja And Five Other States, Commuters Stranded On Wednesday, commuters in the Federal Capital Territory and five other states found themselves grappling with...
Electricity: 48 Hours Blackout Hits Gombe, Residents Lament Residents of Gombe State are facing the repercussions of an extended power outage lasting over 48 hours, following...
Economic Woes Worsen In Akwa Ibom As Fuel Scarcity Begins Residents of Akwa Ibom, an oil-producing state in Nigeria, are facing worsened economic conditions due to...
Refinery: Marketers Eye N500/Litre Petrol The Port Harcourt Refining Company (PHRC) is on the brink of commencing production, with oil marketers gearing up to load refined...
Nigeria’s Economy Slips To Fourth Place Behind South Africa, Egypt, And Algeria Nigeria’s economy has recently fallen to fourth place in Africa, as per a forecast...
Oil Prices Surge Amid Escalating Israel-Iran Tensions Oil prices have surged, with Brent crude surpassing $90 per barrel, marking a notable increase from $87, as tensions...
CBN Governor Clarifies Stance: No Intention To Defend Naira Amid Declining Reserves Governor Olayemi Cardoso of the Central Bank of Nigeria (CBN) has addressed recent concerns...
Nigeria Joins Saudi Arabia, Russia, And Others In List Of Global Emerging Economies (Full List) In a move signaling efforts to revitalize the country’s struggling economy,...
Dangote Petroleum Refinery Slashes Diesel Price To N1000 Per Litre Dangote Petroleum Refinery has made a significant announcement regarding the price of diesel, reducing it from...