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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...

With a worn-out bag slung over his shoulder, Dereje Enigdamekonen weaves through the labyrinthine paths of Merkato market in Addis Ababa, seeking out discarded items scattered around the Ethiopian capital....

The Nigerian Electricity Regulatory Commission (NERC), has disclosed that international customers in the Benin Republic and Togo owe Nigeria a total of $5.79 million for electricity consumed in the second...

The World Bank's South Asia Development Update released on Thursday, that India's manufacturing sector could experience a 9% increase in output if more women enter the workforce. The World Bank...