Nigeria’s exchange rate appreciated significantly in January 2025, gaining N63.72 against the dollar to close at N1,474.78 per dollar on January 31 at the Nigerian Foreign...
Telecom operators in the country have warned the Nigerian Labour Congress, NLC, not to drive in the last nail in the coffin of an already ailing...
The black market (parallel market) exchange rate for the US Dollar (USD) to Nigerian Naira (NGN) on Saturday, February 1, 2025 is as follows: Buying Rate:...
Piqued by the tanker explosion which claimed many lives at the Ugwu Onyeama axis of Enugu/Onitsha Expressway, the Federal Ministry of Works is to demand that...
Eight former local government chairmen in Ondo State have been arrested by the Economic and Financial Crimes Commission (EFCC) for allegedly misappropriating billions of naira. The...
By Kayode Sanni-Arewa There is a raging concern that the Naira-for-Crude initiative, which ensures local refineries receive crude oil in Naira and sell refined products to...
As of February 1, 2025, the exchange rate for the U.S. dollar to the Nigerian naira in the parallel (black) market is as follows: Buying Rate:...
The Federal High Court sitting in Abuja, on Friday, heard how a former Acting Accountant-General of the Federation, AGF, Mr. Anamekwe Nwabuoku, used four different companies...
By Ibrahim Modibbo The 2025 Monetary Policy Forum, declared open by the Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, reinforces the apex bank’s...
By Lukman Laleye Babalola The Nigerian Communications Commission (NCC) recently approved a 50% increase in telecommunications tariffs, a decision that has sparked debates across the country....
The Naira further appreciated at the official market on Thursday trading at the N1,485.95 to a Dollar. Data from the FMDQ Security Exchange official forex trading...
By Kayode Sanni-Arewa The Nigeria Labour Congress (NLC) has flayed the Federal Government for implementing the policies of Bretton Woods institutions, saying the removal of subsidies...
The value of the Nigerian Naira against the U.S. Dollar continues to fluctuate, with significant variations between the official exchange rate and the black market rate....
By Dr. Ibrahim Modibbo Within hours after the launch of foreign exchange code by the Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, on...
The exchange rate between the US dollar (USD) and the Nigerian naira (NGN) continues to fluctuate, influenced by economic policies, market demand, and foreign exchange availability....
The Central Bank of Nigeria, CBN, and Rice Farmers Association of Nigeria made history on January 18, 2022, when they co-launched the Rice Pyramids on the...
By Kayode Sanni-Arewa Stephen Okolo, an operative of the State Security Service, says the deployment of technology aided the arrest of three security personnel facing charges...
Leader of the Indigenous People of Biafra, IPoB, Mazi Nnamdi Kanu, has slammed a N20 billion libel suit against the Spokesperson of the Nigeria Police Force,...
The former Vice President and Presidential candidate of the Peoples Democratic Party (PDP) in the 2023 presidential election, Alhaji Atiku Abubakar, like a badly broken record,...
By Francesca Hangeior A Federal High Court sitting in Lagos has fixed April 9, 2025, for the definite hearing of a suit filed against Mediterranean Shipping...
