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CBN, banks sell $9.9bn as naira weakens to N1,670/$
The value of foreign exchange turnover via the Nigerian Autonomous Foreign Exchange Market increased to N15.74tn ($9.90bn) in August 2024, ...Domestic air fare rises 25% to N123, 700 in one month
Average domestic air fare rose by 25.5 percent month-on-month (MoM) to N123,700 in August 2024, from N98,561 in July 2024. ...CBN increases interest rate to 27.25%
The monetary policy committee (MPC) of the Central Bank of Nigeria (CBN) has raised the monetary policy rate (MPR), which ...History making UBA sets to make more history, targets top post in finance leadership
The United Bank for Africa has continued to reach households as more Nigerians and Africans, and even beyond, continue to ...It’s time for FG to remove petrol subsidy – Dangote
Aliko Dangote, the founder of Dangote Petroleum Refinery, says this is the right time for the federal government to stop ...Tariff hike looms as monthly power subsidy hits N181bn
Electricity customers on Band A feeders may need to brace up for a possible tariff increase following the rise in ...Price of 12.5kg cooking gas increased to N15k in August – NBS
The National Bureau of Statistics (NBS) says the price of 12.5kg of liquefied petroleum gas (LPG), better known as cooking ...Access Holdings increases revenue to N2.2 trn, increases dividend pay-out by 50%
Access Holdings Plc has announced its half-year audited financial results for the period ended 30 June 2024. The results ...NOVA Bank appoints David Isiavwe, Chinwe Iloghalu into board, set stage for future advancements
NOVA Bank has announced the appointment of David Isiavwe as Executive Director, Operations and Information Technology, and Chinwe Iloghalu as ...PZ Cussons cites Naira depreciation in Africa exit plans
PZ Cussons Plc, the parent company of PZ Cussons Nigeria, has concluded plans to sell its African subsidiaries, citing the ...
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