News

The Association of Bureaux De Change Operators of Nigeria (ABCON), representing all Central Bank of Nigeria (CBN)-licensed Bureaux De Change (BDCs), has urged the apex bank to review its exchange...

The Central Bank of Nigeria (CBN) has given the green light for the daily sale of $10,000 to approximately 1,588 eligible Bureau De Change (BDC) operators, pegged at N1,101 per...

Zenith Bank Plc unveiled its financial results for 2023, showcasing a remarkable performance. The bank witnessed a staggering 202.3% year-on-year surge in profit before tax, reaching an impressive NGN795.96 billion....

This week marks the beginning of the trial for Tesla and its controversial automatic driving system. In a well-known wrongful death lawsuit brought by the family of a former Apple...

At least 4000 content creators in Nigeria, South Africa, and Kenya have been empowered to use short videos to develop Africa's creative economy. The makers who graduated from an eight-week...

The Federal Competition and Consumer Protection Commission has urged the Nigerian Electricity Regulatory Commission to mandate Distribution Companies to meter all unmetered Band A customers within 60 days. The FCCPC...

The Association of Bureaux De Change Operators of Nigeria has appealed to the  Central Bank of Nigeria to adjust and lower its applicable exchange rate below the N1,251/$ it pegged...

Stock market investors lost N623bn last week as fund managers rebalanced their portfolios ahead of the first quarter results. The Nigerian capital market shed 1.08 per cent to 103,437.67 points,...

The naira value of Nigeria's total external debt for its 36 states and the Federal Capital Territory (FCT) surged by 23.76% from June 2023 to December 2023, climbing from N3.350...

Nigeria's foreign exchange (FX) reserves have decreased by approximately $1.02 billion over an 18-day period as the Central Bank of Nigeria (CBN) intensifies its efforts to support the naira. As...