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![Today's Naira Rate [04-04-2025]: Naira Hits New Low, Official Exchange Rate Plummets to N1,600 per Dollar](/data/attachments/215/215127-da621b1781c7fb8e0597b4f7c3e7f9c2.jpg?hash=PERHMQHP25)
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Everything You Need to Know About the NDDC Youth Internship SchemeI want to apply
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Dangote Refinery has slashed its petrol price to N865 per litre, marking a significant reduction. The move is expected to impact fuel prices nationwide and offer relief to Nigerians facing high transportation and goods costs. This follows the implementation of the Naira-for-Crude policy aimed at...
Femi Otedola celebrates Aliko Dangote’s 68th birthday, calling him “the greatest entrepreneur to have come out of Africa.” Dangote, founder of Dangote Group, remains a monumental figure in African business, inspiring generations of entrepreneurs across the continent and beyond.
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WTO Director-General Ngozi Okonjo-Iweala warns that the escalating U.S.-China trade war could shrink global GDP by nearly 7%. She highlights the risk of severe trade disruption, economic fragmentation, and long-term damage to global markets, urging countries to pursue dialogue and cooperation to...
Tony Elumelu, chairman of Transcorp Group, stresses that Nigeria cannot achieve its $1 trillion economy goal without fixing the country’s power sector. He calls for urgent reforms, citing the federal government’s slow pace in implementing changes, while highlighting Transcorp’s growth despite...
AfDB President Akinwumi Adesina urges African governments to invest in youth-driven businesses, rather than offering small empowerment grants. He criticizes the "Japa" migration phenomenon and calls for better financial systems to support entrepreneurship. Adesina believes Africa’s youth...
NDIC will begin paying the first tranche of liquidation dividends to Heritage Bank depositors in April 2025. Following the revocation of the bank's operating license, the NDIC assures depositors of prompt payments and urges those still awaiting funds to submit necessary documentation for...
Nigeria is set to launch its electronic visa (e-visa) system on May 1, 2025, along with the digitalization of landing and exit cards at international airports. This initiative, spearheaded by the Ministries of Aviation and Interior, aims to enhance immigration processes, security, and...
Global oil prices have dropped to their lowest in nearly four years, with Brent crude falling to $59.62 per barrel. This decline, triggered by new tariffs from the US and increased OPEC production, threatens Nigeria’s oil revenue, which is crucial for the country’s fiscal health and budget...
The Nigerian government has reaffirmed the indefinite continuation of its Naira-for-Crude deal with Dangote Refinery. The policy aims to support local refining, bolster energy security, and reduce reliance on foreign exchange. Despite challenges, the initiative remains a key directive for...
Nigeria
Aliko Dangote Receives Leadership Person of the Year Award, Commits to Nigeria’s Development
Aliko Dangote, President of Dangote Group, was honored as Leadership Person of the Year at the 17th Annual Conference and Awards. He emphasized public-private collaboration for tackling Nigeria’s economic challenges and expressed gratitude for the recognition, which adds to his numerous national...
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