Business

What you must know about new Electricity Tariff hike in Nigeria

Following the Nigerian Electricity Regulatory Commission's approval of a 25% electricity tariff hike on Wednesday, ZINGTIE explains what Nigerians should…

8 months ago

How Naira appreciated by N660 against dollar

Since Olayemi Cardoso, the governor of the Central Bank of Nigeria, called BDC operators back into the foreign exchange market,…

8 months ago

Nigerian govt announces date to commence local vehicle manufacturing

Within the next ten years, the Nigerian government intends to commence local manufacturing of vehicles. This was revealed on Friday…

8 months ago

Nigerians react as FG subsidises Hajj fare with N90bn

In 2024, amid economic hardship, Nigerians have taken issue with President Bola Tinubu's administration for allocating N90 billion to subsidize…

8 months ago

Nigeria economy rakes in $1.5bn inflow in days

The Central Bank of Nigeria reports that the country's economy has received inflows totaling over $1.5 billion in the last…

8 months ago

Merger coming as CBN raises capital requirements for banks in Nigeria

As a result of the Central Bank of Nigeria’s (CBN) increase in minimum capital requirements for banks, bank mergers are…

8 months ago

Naira maintains N1,300 exchange rate against USD

As of Thursday's conclusion of trading on the official foreign exchange market, the Naira has retained its N1,300 status versus…

8 months ago

US court sentence crypto king Sam Bankman-Fried to 25 years in prison

Sam Bankman-Fried, a US entrepreneur and crypto king, has been sentenced to 25 years in prison for his role in…

8 months ago

Cement prices decrease by 26% in Abuja

Ikolo Clement, the monarch of the Ewu kingdom and one of the wanted suspects declared by the Nigerian military, surrendered…

8 months ago

ABCON reveals when Naira will appreciate to N1,000 per USD

When will the Naira appreciate to N1,000 per US dollar, according to the Association of Bureau de Change Operators in…

8 months ago