Business
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Dollar will crash within a month – Governor Dapo Abiodun
Ogun State Governor, Dapo Abiodun, has said that the value of the dollar to naira will crash in less than…
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Naira slides to N1,900/$ at parallel market
The Nigerian naira, on Tuesday, dipped yet again and exchanged at the rate of N1,900 to the dollar at the…
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Tinubu names new AMCON CEO, three executive directors
President Bola Tinubu has announced the appointment of a new management team for the Asset Management Corporation of Nigeria (AMCON).…
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Dozens feared dead in 114ft illegal gold mine, 100 workers trapped in Venezuela
No fewer than 30 Venezuelans are feared dead after a 114ft illegal deep gold mine collapsed, trapping over 100 men…
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IMF predicts Naira will fall by 35% to N2,081/$1 this year
The International Monetary Fund (IMF) has said that the Naira will further depreciate by about 35 percent this year, adding…
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Currency racketeering: EFCC beams focus on Lagos, arrests six
The Lagos Zonal Command of the Economic and Financial Crimes Commission (EFCC) has announced the arrest of six persons for…
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Nigeria’s Presidential villa allegedly owes N923m electricity bill, faces disconnection
The Abuja Electricity Distribution Plc (AEDC) has threatened cut off power supply to the Presidential Villa in Abuja, along with Ministries,…
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EFCC arrest 50 bureau de change operators in Abuja
Operatives of the Economic and Financial Crimes Commission on Monday, February 19, raided a Bureau de Change location at the…
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Protest rocks Oyo State over economic hardship (video)
Angry youths in Oyo State went on the streets today to protest the high cost of living, food inflation and…
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‘Past govt created such a mess we don’t know what to charge Emefiele with’, Senate President (Video)
The Senate President, Godswill Akpabio, has said that the hardship Nigerians are facing was caused by the atrocities of past…
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Companies offer to fund wedding, honeymoon of couple broke-shamed by journalist in SA
An array of companies have stepped forward to sponsor various aspects of the wedding ceremony of a couple after a…
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Naira slips to N1,600 at parallel market
The value of the Naira dipped further on Thursday, Feb. 15, as it depreciated to N1,610 to a United States…
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UK economy enters into recession
The UK economy has fallen into recession after recording two successive quarters of negative economic growth in the second half…
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CBN raises import duty forex rate four times in 10 days
The Central Bank of Nigeria (CBN) has, again, readjusted the Customs exchange rate from N1444.56/$1 to N1,481.482/$1. The exchange…
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Moniepoint MfB, CAC partner to boost SMEs development
The definitive bank for small and medium-sized businesses in Nigeria, as well as their customers and employees, Moniepoint Microfinance Bank…
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