Explosion Engulfs 3-Storey Building in Lagos, Leaving 4-Year-Old Girl and Grandparents Critically Injured A tragic cooking gas explosion tore through a three-storey building along Odubanwo...
High-Tension Power Snap Sparks Devastating Blaze At Lagos Plank Market A catastrophic fire wreaked havoc on a plank market situated at Awori bus stop in the...
Nationwide Darkness: Power Generation Plummets To 59MW In Fresh Grid Collapse In a recent grid collapse, power generation across the country sharply dropped to a...
Unveiling The Black Market Exchange Rate For Dollar To Naira On February 5, 2024 Discover the latest trends in the currency market as we unveil...
Northern States Plunge Into Darkness: Kaduna DisCo Grapples With Bulk Power Loss As the Kaduna Electricity Distribution Company (DisCo) faces a setback in bulk power supply,...
Bauchi Power Grid Suffers Severe Damage In Explosive Incident An explosion caused by an Improvised Explosive Device has resulted in the destruction of a high-tension electric...
ITMO Application Fee Skyrockets To N10 Million, Banks And Fintechs Face Service Provision Restrictions In a significant development, the Central Bank of Nigeria (CBN) has taken...
Revitalizing Energy Sector: NNPCL Eyes Q1 2024 Finish For Warri Refinery Overhaul The Nigerian National Petroleum Corporation Limited (NNPCL) has embarked on a significant endeavor to...
Naira’s Plunge Worries Nigerian Students Studying Abroad Parents and numerous Nigerian students studying abroad are expressing dissatisfaction with the soaring tuition fees as a consequence of...
Electricity Supply Witnesses 3% Dip In Q3 2023, Notes NBS Report In Q3 of the same year, a decline of 178.23 gigawatt hours (Gwh) was observed...
Dollar Shortage Forces Closure Of Abuja BDC Operations Bureau De Change (BDC) operators in Abuja have announced the cessation of their operations due to the unavailability...
Real-Time Dollar To Naira Exchange Rate In The Black Market On February 1, 2024 See the black market Dollar to Naira exchange rate for 31st January,...
First Bank Holdings Names Femi Otedola As Chairman In Historic Appointment” The First Bank of Nigeria Holdings has announced the appointment of Nigerian billionaire and entrepreneur,...
Decline In Nigeria’s Telephone Penetration Noted As NCC Reevaluates Metrics In November, Nigeria’s telephone penetration witnessed a decline, as revealed by the Nigerian Communications Commission (NCC)....
CBN Alerts Forex Dealers As Naira Experiences Decline In ‘Official Market The Nigerian naira experienced a further decline at the official window on Tuesday, closing at...
Naira In Freefall: Reaches Unprecedented 1348/$ On Official Exchange The Nigerian naira experienced a significant downturn, reaching an unprecedented low of N1348.63/$ on the Nigerian Autonomous...
Despite the country’s surging inflation rate, the Nigerian currency, the naira, strengthened against the US Dollar on Wednesday. FMDQ data reveals that the naira firmed to...
Breaking: Private Sector ESG Forum Emerges From Collaborative Efforts With Nigeria (Details) A consortium consisting of the Manufacturer’s Association of Nigeria (MAN), British American Tobacco (Nigeria)...
Breaking: Canadian High Commission Maintains Visa Application Centers In Abuja, Lagos Despite Fire Outbreak (Details) The Canadian High Commission in Nigeria has affirmed that its visa...
Economic Hardship: Onitsha’s Commercial Drivers Face Low Patronage- Fuel Price Increase Commercial bus drivers in Onitsha are expressing concern over decreased patronage due to the current...
Nigerians Panic As Naira Weakens Further In Comparison To The US Dollar On Wednesday, Nigeria’s currency, the Naira, experienced a further depreciation against the US Dollar...
Just In: Former Presidential Media Aide Outlines Three Reasons For Ogun State’s Industrial Dominance In Nigeria Tolu Ogunlesi, a former media aide to the President, has...
Foreign Investors Rejoice As President Bola Tinubu Promises An Obstacle-Free Business Environment In a recent media interaction with visiting German Chancellor Olaf Scholz, President Bola Ahmed...
Breaking: African Development Bank, Islamic Development Bank, And IFAD Allocate $1 Billion For Special Agro-Industrial Zones In Nigeria In a significant boost to President Bola Tinubu’s...
Former CBN Deputy Governor And Presidential Candidate, Professor Kingsley Moghalu, Is Appointed As Chairman Of Africa Private Sector Summit Board The Africa Private Sector Summit (APSS)...
Just In: Addressing Insecurity And Economic Challenges: Insights From Bamidele Senate Leader Opeyemi Bamidele has called for a united effort from key stakeholders to address the...
Breaking: Presidential Committee Aims To Streamline Nigeria’s Tax System, Reducing Over 60 Taxes To Single Digits The Presidential Committee on Tax Reforms and Fiscal Policy revealed...
Breaking: Over 288,000 Nigerian Youths Apply For Nigeria Police Force In Less Than Two Weeks Since Portal Kickoff The Police Service Commission (PSC) has revealed that...
Nigerians Panic As Naira Value Threatens Worsening Poverty And Economic Stability In Nigeria The ongoing and relentless devaluation of the Nigerian Naira is having severe consequences,...
Just In: Naira Crashes To N1,210 Against US Dollar At Parallel Market As business activities commenced on Monday, the value of the naira continued its downward...
Nigerians React As Corporate Treasurers Urge Nigerian Government to Address Naira-Dollar Exchange Rate Disparity The Association of Corporate Treasurers of Nigeria (ACTN) has expressed concerns about...
Breaking: Federal Government Initiates Direct Cash Transfers To Alleviate Poverty Across Nigeria The Federal Government is gearing up to launch a cash transfer program aimed...
Justice On Financial Crisis: Federal Government Acknowledges Salary Payment Struggles The Federal Government has officially declared that it is currently facing substantial challenges and a significant...
Breaking: Armed Robbers Raid Banks In Otukpo, Benue State, Killing Several Residents In a distressing incident, suspected armed robbers targeted multiple banks in Otukpo, Benue State,...
Just In: Youth Tribute To Lekki Tollgate Tragedy Prompts Oby Ezekwesili’s Reaction In #EndSARS Former Education Minister, Oby Ezekwesili, has marked the third anniversary of the...
Breaking: Chinese Firms Invest $6 Billion In Nigeria Following Commitment From President Xi Jinping Within 24 hours of President Xi Jinping pledging China’s commitment to funding...
Breaking: NYSC React Urging Employers To Verify Certificates Before Offering Jobs Once again, the National Youth Service Corps (NYSC) has emphasized the importance for employers in...
Nigeria’s FIRS Acting Chairman Assures Businesses And Corporate Organizations: No Tax Rate Increase Despite Tax-To-GDP Ratio Increase Plan The Acting Chairman of the Federal Inland Revenue...
Nigerians In Panic As Fuel Shortages Return To Abuja And Lagos Due To Forex Crisis And Supply Disruptions Reports of fuel shortages are resurfacing in parts...
Just In: Zinox Group Chairman Leo Stan Ekeh Remains Optimistic About Nigeria’s Economic Resilience Renowned digital entrepreneur and Chairman of Zinox Group, Leo Stan Ekeh, has...
President Tinubu Greenlights Phased Commencement Of 14 New Universities President Bola Tinubu has granted his authorization for the gradual initiation of academic activities at six of...
Rising Demand For Dollars Triggers Panic In Nigeria As Naira Sinks To N1,050 Nigeria’s official exchange rate saw the Naira closing at an all-time low of...
Federal Executive Council Approves $1.5 Billion World Bank Loan For Nigeria’s Economic Revival During Monday’s Federal Executive Council (FEC) meeting, a significant development occurred as the...
Just In: Ongoing Litigation Keeps EFCC From Returning $9.7 Million And £74,000 Seized From Former NNPC Boss The Economic and Financial Crimes Commission (EFCC) clarified...
Todays Black Market Exchange Rate: Naira To Dollar On 17th October 2023 As of the 16th of October, 2023, what is the exchange rate for the...
Federal Government Promises N-Power Beneficiaries Backlog Payments Starting In November The federal government has provided assurances that N-Power beneficiaries will begin receiving their outstanding entitlements...
Niger Delta Region’s Ongoing Struggles And The Success Of TSSNL In Combating Oil Theft As Parties Urge Uninterrupted Pipeline Surveillance Contract The Niger Delta region has...
Corruption Is A Global Challenge, Says AfDB President Adesina, Countering Notion Of Its Exclusivity To Africa Dr. Akinwumi Adesina, President of the African Development Bank (AfDB),...
Nosa Ogbonmwan Congratulates Oluwemimo Osanipin On His New Appointment As NADDC Director General The appointment of Oluwemimo Joseph Osanipin as the Director General of the National...
Oil Marketers Set To Break NNPCL’s Fuel Import In a significant development, oil marketers are poised to put an end to the Nigerian National Petroleum Company...