Business
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Prices of imported goods to increase as FG adjusts customs exchange rate
Items imported into the country are expected to cost more as the Federal Government of Nigeria has announced adjustments to…
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Naira slides to 1,030 per dollar
The naira crashed against the dollar on Monday, falling to 1, 030/$ on average at the black market. The naira…
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Profits of Nigerian banks increase by 156% following forex gains
Nigerian Banks have recorded extraordinary profits following recent gains in foreign exchange arising from the depreciation of the Naira. According…
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MTN, Airtel lose N479bn to Naira crash
Two of Nigeria’s foremost telecom operators, MTN Nigeria Communications Plc and Airtel Africa Plc have reported N479.11bn in foreign exchange…
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POS operator sobs after someone defr@uded her of N75k
A lady has broken down in tears after the bundle of money given to her allegedly turned into ordinary paper.…
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Naira rises to N950/$ in parallel market
The Naira continued its rebound against the dollar on Friday, Nov. 3, as it rose to N950/$ on the average…
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Omoyele Sowore blasts President Tinubu over alleged plans to purchase N5bn Presidential yacht
Publisher and Former Presidential candidate, Omoyele Sowore, has blasted the Tinubu administration over alleged plans to expend N5 billion on…
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Naira continues upward trend at forex market
Nigeria’s currency, the Naira, continued with recovery at both the official and unofficial foreign exchange markets on Tuesday. According to…
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Naira records gain against dollar again
The Nigerian currency, Naira continued its rise against the United States dollar at the black market on Friday as it…
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Naira rises against dollar for first time in three weeks
Nigerian currency appreciated against the dollar at the parallel market on Wednesday. In afternoon trading, the exchange rate was N1,300…
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Why Fintech disruption cannot turn traditional banks into vinyl
Vinyl is back. The compact disc has pushed the vinyl underneath. Flash Drive announced its burial. Why not? Albums have…
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Billionaire Femi Otedola gifts all 750 students of Augustine University N1m each
Nigerian billionaire investor, Femi Otedola is currently trending on social media after he donated N1 million naira to each of…
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‘Greet Mohbad for me’, Troll tells a man who claimed to be tired of life after losing N35m to crashed crypto firm
A man, who identified himself as Big BT on Tiktok, has taken to social media to lament over the insensitive…
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Man accuses Sterling Bank of giving him fake 5000 Euros
A man, identified as Dblinkz on Twitter is currently dragging Sterling Bank on the platform after he was allegedly issued…
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Judge declares Nigeria winner of $11bn arbitration case against P&ID
A United Kingdom (UK) judge, Justice Robin Knowles of the Commercial Courts of England and Wales has ruled in favour…
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