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3MTT Impact Challenge Announces Winners Driving Real Solutions Across Nigeria

Nigeria's 3MTT programme has announced winners of its inaugural National Impact Challenge, spotlighting digital fellows solving real-world problems across all 36 states.
Business

Rabiu tells Tutu Foundation fellows Africa’s greatness is built one day at a time

BUA Group founder Abdul Samad Rabiu urged young African leaders at the Tutu Legacy Foundation in Cape Town to build Africa's greatness intentionally.
News

NNPC Raises Fuel Price to ₦955 per Litre

NNPC raises petrol price to ₦955 per litre amid rising global oil costs, FX pressure, and public backlash over inflation.
Business

CBN: Business Confidence in Nigerian Economy Drops 3.2 Points

According to its CBN survey, business confidence was down 3.2 points, with businesses expecting naira depreciation.
News

Rising Naira Costs Push Starlink Out of Reach for Many Nigerians

The weakening naira has caused Starlink prices to surge by 115%, leaving many Nigerians struggling to afford the satellite internet service that was once accessible.
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Naira Slumps Against Dollar, Erasing Gains Celebrated by Presidency

Naira falls by 91 points against the dollar 24 hours after a brief recovery was celebrated by the presidency
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More Naira, Less Value: Inflation Erodes ₦7.6 Trillion in Consumer Spending

Inflation in Nigeria has wiped out ₦7.6 trillion in consumer spending, highlighting severe economic challenges and declining purchasing power for households
News

Naira Falls as External Reserves Dip Despite FX Reforms

The naira continues to fall amid declining external reserves, despite FX reforms by the Central Bank of Nigeria, raising concerns about the country's economic stability.
Business

CBN’s Naira Stabilization Efforts is Ineffective, Says Peterside

Atedo Peterside criticizes CBN’s approach to stabilizing the naira, calling for a more sustainable and market-aligned strategy as the currency hits N1500/$.
News

Breaking News: Naira Hits Record Low of N1,600; Tinubu’s Policies Questioned

Nigeria's naira hits a new low of N1,600/$1, facing a steep decline as President Tinubu's economic measures struggle to stabilize the economy amidst rising inflation and policy challenges.
Business

CBN Implements Strict FX Regulations on Banks Amid Naira Depreciation

In a bold move, CBN tightens FX regulations for banks, aiming to curb naira's free fall and stabilize the Nigerian economy.
News

Nigeria Faces Economic Challenges as Naira Dives Following Currency Unification

Nigeria's economic crisis deepens with naira's sharp fall after unification.
Business

Nigeria’s Economic Woes Deepen Amid Inflation, FX Shortages

Amid soaring inflation rates and a dwindling foreign exchange (FX) reservoir, Nigeria's economic health...
Business

Naira Plummets as World Bank Ranks It Among Africa’s Worst Currencies

The Nigerian naira has been ranked among the worst-performing currencies in Africa by the...
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Business

3MTT Impact Challenge Announces Winners Driving Real Solutions Across Nigeria

Nigeria's 3MTT programme has announced winners of its inaugural National Impact Challenge, spotlighting digital fellows solving real-world problems across all 36 states.
Business

Rabiu tells Tutu Foundation fellows Africa’s greatness is built one day at a time

BUA Group founder Abdul Samad Rabiu urged young African leaders at the Tutu Legacy Foundation in Cape Town to build Africa's greatness intentionally.
News

Guterres urges South Africa to end xenophobic attacks on foreign nationals

UN Secretary-General António Guterres has urged South Africa to end xenophobic attacks and the intimidation of foreign nationals in KwaZulu-Natal and the Eastern Cape.
News

Dangote refinery is subsidizing Nigeria’s petrol and diesel, official says

A senior Dangote Group official says the refinery subsidizes Nigeria's petrol and diesel but sells jet fuel at full market price.