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Many celebrities view social media as a two-edged sword that, depending on where you end up, may either be heaven or hell. for an actress from Nollywood. For a variety...

The African Development Bank (AfDB) has approved a $100 million fund to establish the Youth Entrepreneurship Investment Bank in Nigeria. AfDB President Akinwunmi Adesina made this announcement during his keynote...

The Nigerian Exchange's overall market capitalisation has increased by N3.1 trillion as a result of Aradel Holdings Plc's listing on the NGX. The company's strategic move demonstrates its commitment to...

The National Bureau of Statistics (NBS) has announced that the average retail price of a litre of premium motor spirit (PMS), commonly referred to as petrol, has surged to ₦1,030.46...

In the parallel market, the value of the Naira dropped from N1,690 to N1,710 per dollar on Wednesday to N1,710 yesterday. Similarly, in the Nigerian Autonomous Foreign Exchange Market, or...

Aliko Dangote, President of Dangote Industries Limited (DIL), has seen his fortune soar to $27.8 billion, doubling his wealth after the successful launch of his massive oil refinery. According to...

Central Bank of Nigeria (CBN) Governor, Mr. Olayemi Cardoso, has clarified that the CBN does not set the foreign exchange (FX) rate, emphasizing that the rate is determined by underlying...

In the parallel market, the value of the Naira increased from N1,690 to N1,680 per dollar last weekend to N1,680 yesterday. Similarly, in the Nigerian Autonomous Foreign Exchange Market, or...

In the parallel market, the value of the Naira increased from N1,690 to N1,680 per dollar last weekend to N1,680 yesterday. Similarly, in the Nigerian Autonomous Foreign Exchange Market, or...

The Nigerian naira ranks among the worst-performing currencies in Sub-Saharan Africa in 2024, according to the World Bank’s latest Africa’s Pulse report. Data from the report shows that as of...