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The Central Bank of Nigeria (CBN) announced today that diaspora remittances climbed by 130 percent year on year to $553 million in July 2024, compared to the same month in...

Across Africa, millions of individuals are fleeing their home countries owing to a variety of circumstances including economic hardship, political instability, conflict, and a lack of opportunities. The continent's population...

What is today’s Dollar to Naira exchange rate in the black market, also known as the parallel market (Aboki FX)? Below is the black market Dollar to Naira exchange rate...

The Nigerian Electricity Regulatory Commission (NERC) has granted permits to Golden Penny Power Limited, MTN Communications Nigeria Limited, Havenhill Synergy, and several other companies to generate electricity via mini-grid systems....

The NNPC Limited, a dynamic global energy company with businesses and operations across the entire energy value chain, released its 2023 Audited Financial Statement (AFS) on Monday, declaring a net...

Dr. Zacch Adedeji, Chairman of the Federal Inland Revenue Service (FIRS), has emphasised the need of developing an interest in taxation issues among young people, particularly youngsters, and how this...

Here are the top seven business stories in Nigeria to keep an eye on this week, from August 19 to August 24. 1. FG Launches $500M Domestic Bond Auction Today...

Investors suffered a significant loss of ₦847 billion in the Nigerian stock market last week, primarily due to the negative effects of profit-taking and selloffs on the Nigerian Exchange Limited...

BUA Group Chairman Abdulsamad Rabiu's net worth has reportedly dropped by $1.1 billion in the past 90 days. The net worth of Nigeria’s second richest person fell from $5.9 billion...

Nigeria's telecommunications sector is facing a significant decline in investment as the country's deteriorating economic conditions impact the industry. This sector, vital for the nation's digital transformation and economic development,...