Naira records first gain at official market after rate hike
Naira has recorded a marginal appreciation of 0.39 percent at the official foreign exchange (FX) market, the first gain after...
Over $26 billion passed through Binance Nigeria from unknown sources- Cardoso
Binance Nigeria has facilitated transactions exceeding $26 billion from unidentified sources in one year. The digital assets platform, serves as...
Eight years after, FG poised to complete $700m OB3 gas pipeline project in March
The Federal Government has announced that the $700m Obiafu/Obrikom/Oben gas pipeline, popularly called OB3, would be completed in March 2024...
Uncertainty over SIM-NIN linkage as deadline nears
The fate of many telecommunication subscribers hangs in the balance following a court ruling restraining telecom providers from implementing a...
Top 5 products Nigeria imported from the UK in 2023
The trade partnership between Nigeria and the UK is a testament to the enduring ties and shared interests between the...
The dark side of the Aba power project
Residents of Eastern Nigeria’s industrial hub of Aba are still jubilating over the 24-hour power supply that Geometric Power will...
Exchange rate means nothing, what matters to Nigeria is stability – Afreximbank chair, Oramah
The President and Chairman of the Board of Directors of the African Export-Import Bank (Afreximbank), Benedict Oramah says exchange rates...
Investments in telecom industry declines by $322m 2023, says NBS
Investments in Nigeria’s telecommunications sector in 2023 declined by a whopping $322m to $134m from $456.8m in the corresponding year,...
MAN fears more factories may close up, as FX crisis worsens
The Manufacturers Association of Nigeria (MAN) has warned that the worsening foreign exchange crisis in the economy may force many...
10 African countries with the least growth projection for 2024
Low economic growth estimates can create substantial hurdles for African countries, impeding their development goals while perpetuating the probability of...