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Economic news with real-world context. Scan Naira, market movements, and business decisions to understand their impact on everyday life beyond numbers and statistics - markets with meaning.

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Nigeria Business News Digest: Markets, Money, and Meaning

Economic news with context. Scan the market, Naira movements, and business decisions, and understand their impact on everyday life.
Key points: Official CBN (NAFEX) Rate: ₦1,457.84 / USD Black-Market Rate: ₦1,475 / USD Drivers: Insufficient forex supply from CBN, exporters...
The Digest: Billionaire businessman and chairman of First HoldCo Plc, Femi Otedola, has significantly increased his stake in the financial...
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The Digest: The Nigerian National Petroleum Company Limited (NNPCL) has announced a third reduction in the price of petrol this month, lowering...
The Digest: The Nigerian Civil Aviation Authority (NCAA) has issued a provisional operational permit to Samuel Ladoke Akintola Airport in...
The Digest: President Bola Tinubu has nominated Engineer Saidu Aliyu Mohammed as the new Chief Executive Officer of the Nigerian Midstream and...
The Digest: The Federal Government has announced an immediate nationwide ban on the export of wood and allied products, revoking all existing...
The Digest: Amid widespread passenger complaints over rising airfares, United Airlines CEO Professor Obiora Okonkwo has asserted that domestic...
Key points: Black-Market Rate: ₦1,475 / USD Drivers: A 15% weekly drop in overall FX market inflows; Absence of an immediate CBN supply...
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