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X (Formerly Twitter) to Offer Premium Features Free for Verified Accounts, Elon Musk Announces
Nigeria X (Formerly Twitter) to Offer Premium Features Free for Verified Accounts, Elon Musk Announces
Nigeria News
1 min read
Elon Musk has declared that select verified X (formerly Twitter) accounts will now receive free access to X Premium features. Musk announced via a...
Telecom Giant MTN Reveals Exit Plan from Two African Nations
Nigeria Telecom Giant MTN Reveals Exit Plan from Two African Nations
Nigeria News
1 min read
Telecommunications behemoth MTN Group has unveiled plans to divest from what it termed "smaller markets" in the West and Central Africa region...
Naira Surges to N1,350/$ in Parallel Market Amidst CBN Reforms
Nigeria Naira Surges to N1,350/$ in Parallel Market Amidst CBN Reforms
Nigeria News
2 min read
The Nigerian Naira has seen a significant appreciation, reaching N1,350 per dollar in the parallel market from N1,430 just a day prior. Similarly...
Naira Gains: Nigerians Demand Immediate Price Reduction In Goods and Services
Nigeria Naira Gains: Nigerians Demand Immediate Price Reduction In Goods and Services
Nigeria News
1 min read
In response to the fluctuating dollar exchange rate, Nigerians are expressing frustration over the reluctance of sellers to immediately reduce...
CBN Shocks Markets: Raises MPR to Record 24.75%, Businesses and Consumers to Face Higher Loan Costs
Nigeria CBN Shocks Markets: Raises MPR to Record 24.75%, Businesses and Consumers to Face Higher Loan Costs
Nigeria News
1 min read
After its 294th meeting, the Central Bank of Nigeria (CBN) has made a bold move by increasing the Monetary Policy Rate (MPR) by 200 basis points...
Nigerians Ridicule NNPCL's N10 Fuel Price Drop as Paltry and Insignificant
Nigeria Nigerians Ridicule NNPCL's N10 Fuel Price Drop as Paltry and Insignificant
Nigeria News
1 min read
The Nigerian National Petroleum Company Limited (NNPCL) has announced a reduction in the depot price of Premium Motor Spirit (PMS), commonly known...
Nigeria's Central Bank Initiates Dollar Sales to BDCs to Boost Forex Liquidity
Nigeria Nigeria's Central Bank Initiates Dollar Sales to BDCs to Boost Forex Liquidity
Nigeria News
2 min read
Amidst Nigeria's evolving economic landscape, the Central Bank of Nigeria (CBN) has taken significant steps to bolster liquidity in the foreign...
Moghalu Criticizes Artificial Exchange Rates, Calls for Realistic Economic Policies
Nigeria Moghalu Criticizes Artificial Exchange Rates, Calls for Realistic Economic Policies
Nigeria News
1 min read
Former deputy governor of the Central Bank of Nigeria, Kingsley Moghalu, criticized the notion of aiming for a Naira to Dollar exchange rate of...
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