Business

Naira gains against dollar after minimum wage increase

In reaction to President Bola Tinubu's N70,000 new national minimum hike, the naira saw a notable gain on Thursday in…

2 years ago

Naira slumps massively against dollar at black market

For the first time this week, the naira saw appreciation on Tuesday.According to FMDQ statistics, on Tuesday, the naira appreciated…

2 years ago

NNPCL explains reason for drop in Dangote Refinery’s stake to 7.2%

According to the Nigerian National Petroleum Company Limited, it has chosen not to increase its previous investment in the Dangote…

2 years ago

NNPCL no longer owns 20% of Dangote Refinery – Aliko

The Nigerian National Petroleum Company Limited, NNPCL, no longer has a twenty percent share in Dangote Refinery, according to Aliko…

2 years ago

FITC reveals three most prevalent frauds in Nigerian banking sector

According to data from the Financial Institutions Training Centre (FITC), the three most common types of fraudulent behaviour in Nigeria's…

2 years ago

Student loan: NELFUND commences registration for state-owned institutions [Full list]

Students from 36 state-owned postsecondary institutions may now apply for the Nigerian Education Loan Fund, or NELFUND, beginning Sunday, July…

2 years ago

Food crisis: United Nations send warning to Tinubu-led FG

An arm of the UN called the Food and Agriculture Organisation has issued a warning that, due to food insecurity,…

2 years ago

Naira records highest depreciation against dollar since May

Since May 13, 2024, the naira has depreciated against the dollar at its greatest rate. The naira dropped from N1512.61…

2 years ago

‘No growth will happen’ – Dangote kicks against CBN’s interest rate

Aliko Dangote, the chairman of the Dangote Group, has voiced concerns about the Central Bank of Nigeria's (CBN) intention to…

2 years ago

Naira sinks further against dollar

In the last nine days, the naira has lost more value in the foreign currency market when compared to the…

2 years ago