The Manufacturers Association of Nigeria has said that its members have lost at least N1.5tn in the last six months to forex-related transactions. The Director-General of MAN, Segun Ajayi-Kadir, made ...
Nigerians spent $1.58bn on health tourism, foreign education, and other personal matters in six months, data from the Central Bank of Nigeria have revealed. The data from the apex bank’s ...
Foreign airlines repatriated N795.48bn from Nigeria in six months, data from the Central Bank of Nigeria have shown. Data from the apex bank’s Balance of Payment compilation revealed that airlines ...
The All-Share Index, which tracks the movement of all equities listed on the Nigerian Exchange Limited, rose by 34.11 per cent in the first six months under the administration of ...
Nigeria’s foreign exchange reserves have fallen by $1.6bn to $32.97bn since the Central Bank of Nigeria tried to unify the country’s foreign exchange rates. On June 14, the apex bank ...
To combat rising inflation in the country, companies increased the salaries of their staff members by 18.35 per cent to N29.45 trillion in the first six months of 2023. This ...
Six months after it acquired MainOne, for $320 million, Equinix, a global digital infrastructure company, has rolled out its expansion plan for the Nigerian and West African markets. The plan, ...
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