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Business
Caverton Q4 Revenue Slides Sharply as Losses Narrow Slightly
KEY POINTS Caverton’s fourth-quarter revenue fell to 3.74 billion naira from 13.11 billion naira...
February 2, 2026
News
Ogoni Group Demands Probe Into Alleged $300m Compensation Fund
KEY POINTS Ogoni group demands investigation into alleged diversion of a 300 million dollars...
February 2, 2026
News
CBN Cuts Duty FX Rate Again as Naira Exceeds N1500/$
CBN cuts import duty exchange rate to N1,446.281/$, marking the eighth adjustment this month amid ongoing naira fluctuations.
May 23, 2024
Business
Naira Gains Strength as Foreign Reserves Grow**
The Nigerian currency, the naira, has appreciated against the US dollar in the parallel...
February 23, 2024
News
Nigeria’s Naira Plummets to All-Time Low Against Dollar
Nigeria’s currency, the naira, has fallen to a record low of 1,534.39 per dollar...
February 13, 2024
News
Naira Surges as Nigeria’s Central Bank Unifies Exchange Rates
Nigeria's naira soared by more than 27 percent against the US dollar on Monday,...
December 12, 2023
News
Nigeria’s Foreign Reserves Drop to Lowest Level in Six Years
Nigeria, Africa’s largest economy, is facing a severe foreign exchange crisis as its external...
December 11, 2023
News
Nigeria Hikes Import Duty Rates Amid Economic Crisis
Nigeria, Africa’s largest economy, is facing a severe economic crisis as the government struggles...
November 10, 2023
Business
JP Morgan Forecasts Naira to Reach N850/$ by Year-End: What It Means for Nigeria
JP Morgan, a renowned global financial services company, has made a prediction that the...
November 2, 2023
News
Naira Plummets to Record Low as Dollar Supply Shrinks Markets
The naira, Nigeria’s currency, has fallen to its lowest level against the US dollar...
October 31, 2023
News
Naira Plummets as Nigeria’s Forex Reserves Hit 18-Month Low
The Nigerian naira has continued to lose value against the US dollar, as the...
October 23, 2023
Business
How Nigerian Airlines Beat High Costs by Increasing Flight Seats
Nigerian airlines have adopted a new strategy to cope with the high operating costs...
October 18, 2023
News
Naira plunges to record low of N980 against dollar amid forex crisis
The Nigerian naira has hit a historic low against the US dollar, driven by...
September 21, 2023
Latest articles
Business
Caverton Q4 Revenue Slides Sharply as Losses Narrow Slightly
KEY POINTS Caverton’s fourth-quarter revenue fell to 3.74 billion naira from 13.11 billion naira...
February 2, 2026
News
Ogoni Group Demands Probe Into Alleged $300m Compensation Fund
KEY POINTS Ogoni group demands investigation into alleged diversion of a 300 million dollars...
February 2, 2026
News
Abuja Singer Nanyah Dies After Snake Bite as Search for Anti-Venom Proves Unsuccessful
KEY POINTS Abuja-based singer Ifunanya “Nanyah” Nwangene died after a snake bite and difficulty...
February 2, 2026
News
Nigerian Troops Kill Boko Haram Deputy Commander Abu Khalid, 10 Others in Borno Night Raid
KEY POINTS Nigerian troops killed Boko Haram deputy commander Abu Khalid and 10 other...
February 2, 2026