The Naira appreciated on Tuesday at the official market, trading at N1,678.93 against the dollar and recovering from a three-day […]
Category: Economy
Nigeria’s Reforms are not working — IMF Report
The International Monetary Fund (IMF) has said that 18 months after implementation, Nigeria’s ongoing economic reforms are still struggling to […]
NGX opens new week market capitalisation gain by N16bn
The Nigerian Exchange Ltd. (NGX) started the week on a positive note as market capitalisation increased by N16 billion, representing […]
Naira drops by 2.3% against dollar at official market
The Naira on Monday depreciated at the official market trading at N1,690.37 against the dollar. Data from the official trading […]
Crypto whale rakes in $180 million after holding BTC for 14 years
A crypto whale has shocked the global crypto market by awakening from a 14-year snooze to cash in on its […]
Dangote seeks funding to boost crude oil supply in 650,000 bdp refinery – Report
Nigerian billionaire Aliko Dangote is seeking to raise billions of dollars to ramp up crude oil supplies for his $20 […]
Algeria, Angola, Côte d’Ivoire grey-listed by FATF
The Financial Action Task Force (FATF) has added Algeria, Angola, and Côte d’Ivoire to its grey list, identifying significant deficiencies […]
Naira drops by 0.1% against dollar
The Naira on Friday slightly further depreciated at the official market trading at N1,652.25 against the dollar. Data from the […]
Women constitute 70% Nigeria’s informal labour force — Jobberman
Jobberman Nigeria says women make up 70 per cent of the informal labour force in Nigeria, primarily as self-employed workers […]
Nigeria’s inflation rate increases to 33.88% in October – NBS
The National Bureau of Statistics says Nigeria’s inflation rate was 33.88 percent in October — up from 32.7 percent in […]