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Naira Freefall: Nigerians Alarmed As Dollar Rate Hits 1,900
Nigeria Naira Freefall: Nigerians Alarmed As Dollar Rate Hits 1,900
Nigeria News
1 min read
The Nigerian naira is facing a severe crisis, dropping to N1,900 against the US Dollar in some cities, despite the government's crackdown on forex...
Cardinal Stone's Strategic Exit: Nigerian PE Firm Sells i-Fitness Stake for $12 Million
Nigeria Cardinal Stone's Strategic Exit: Nigerian PE Firm Sells i-Fitness Stake for $12 Million
Nigeria News
1 min read
Image Credit: ZhuHaibin Cardinal Stone Capital has completed a successful exit by selling its stake in i-Fitness, the country's leading fitness...
[Video] Nigerian Banks and Binance Under Fire, Accused of Economic Criminality
Nigeria [Video] Nigerian Banks and Binance Under Fire, Accused of Economic Criminality
Nigeria News
1 min read
Ayo Oyalowo, on Channels TV, asserted that the government should oust "criminals" managing certain banks to address the Naira's decline. He...
Naira Hits Rock Bottom: EFCC's Efforts in Vain as Exchange Rate Plummets to N1,825
Nigeria Naira Hits Rock Bottom: EFCC's Efforts in Vain as Exchange Rate Plummets to N1,825
Nigeria News
1 min read
The Nigerian naira continues its alarming decline, reaching an unprecedented N1,825 against the dollar despite the Economic Financial Crimes...
PZ Cussons Faces Negative Net Asset Crisis: Board Summons Key Meeting for Solutions
Nigeria PZ Cussons Faces Negative Net Asset Crisis: Board Summons Key Meeting for Solutions
Nigeria News
1 min read
PZ Cussons Nigeria Plc has announced an extraordinary general meeting scheduled for March 30th in Abuja, addressing concerns over its negative net...
Brewing Woes: Heineken's Nigerian Operations Hit Hardest Downturn in Company's History, CEO Reveals
Nigeria Brewing Woes: Heineken's Nigerian Operations Hit Hardest Downturn in Company's History, CEO Reveals
Nigeria News
2 min read
In an investor call on Monday, Hans Essaadi, CEO of Nigerian Breweries Plc, the Nigerian unit of Heineken NV, delivered grim news, declaring that...
Naira Weakens with Dollar at N1,700, Pound Sterling at N2,100 in Lagos
Nigeria Naira Weakens with Dollar at N1,700, Pound Sterling at N2,100 in Lagos
Nigeria News
2 min read
The Nigerian Naira plummeted to unprecedented depths on Monday, hitting N1,700 against the US Dollar and N2,100 against the Pound Sterling. These...
Nigeria in Crisis: President Tinubu Faces Backlash as Spaghetti Hits N950, Eggs at N300, Sparking Nationwide Strike
Nigeria Nigeria in Crisis: President Tinubu Faces Backlash as Spaghetti Hits N950, Eggs at N300, Sparking Nationwide Strike
Nigeria News
1 min read
Since President Bola Tinubu assumed office on May 29, 2023, a bleak economic landscape has unfolded for Nigerians, with his policies seemingly...
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