Business

The rhythm of Nigeria's business world
Discover today's USD to NGN black market exchange rate, where buyers purchase dollars at N1550 and sellers sell at N1575, contrasting with CBN's...
Nigeria's inflation rate rose to 34.19% in June 2024, with food inflation hitting 40.87%, according to the National Bureau of Statistics. The...
Aliko Dangote, Africa's wealthiest man, reveals he resides in a rented apartment in Abuja, emphasizing his commitment to industrializing Nigeria...
NNPC reduces its stake in Dangote Refinery from 20% to 7.2% due to strategic realignment. The decision, communicated months prior, aims to align...
Dangote Refinery CEO reveals NNPC stake reduction from 20% to 7.2% due to missed payments. $19 billion project on track for August petrol sales...
Dangote Refinery turns to Brazil for crude imports amidst Nigerian supply challenges, sourcing one million barrels of Tupi crude. Significant...
The Central Bank of Nigeria (CBN) sold $122.67 million to forex dealers, aiming to stabilize the naira. Experts predict this will strengthen the...
Despite Central Bank efforts, Nigerian naira hits July low at N1,563.80/$1 amid declining FX turnover. Recent CBN sales of $122.67 million failed...
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