Business

Naira gains on the black market but falls at the official window

The Nigerian Naira saw a small decline in value relative to the US dollar in the official Nigerian Autonomous Foreign…

11 months ago

Nigeria’s unemployment rate rose to 4.2% in Q2 2023 – NBS

According to the National Bureau of Statistics (NBS), Nigeria's unemployment rate increased from 4.1% in Q1 2023 to 4.2% in…

11 months ago

Bread prices to rise by 20% in January 2024 – Nigerian bakers

Again, due to economic hardship, bread prices in Nigeria are expected to rise by 15% to 20% in January 2024.…

11 months ago

NGX records marginal gains as investors wind up for yuletide

The week began well for trading at the Nigerian Stock Exchange Limited, with the All-Share Index closing at 72,404.91 points,…

11 months ago

Fears about banks’ declining deposit levels rise as Naira becomes scarce

Due to a lack of cash, the Standing Deposit Facility of Nigerian banks decreased by 18%, from N2.94 trillion in…

11 months ago

FG warns Nigerians against fake palliative websites

The increasing number of fake websites for the delivery of palliative care across the nation has alarmed the federal administration.…

11 months ago