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Nigeria's Construction Sector Under Strain: 200% Surge in Costs Sparks Housing Accessibility Concerns
Nigeria Nigeria's Construction Sector Under Strain: 200% Surge in Costs Sparks Housing Accessibility Concerns
Nigeria News
1 min read
Inflation and exchange rate fluctuations have led to a staggering 200% increase in construction costs over the past two years, exacerbating...
Naira Bounces Back at Official Forex Window, Parallel Market Struggles
Nigeria Naira Bounces Back at Official Forex Window, Parallel Market Struggles
Nigeria News
1 min read
Amidst concerns over the Nigerian currency's volatility, the naira experienced a positive turn at the official forex window, strengthening by...
CBN Governor Olayemi Cardoso Reveals How Tough Reforms are Shaping Nigeria's Financial Future
Nigeria CBN Governor Olayemi Cardoso Reveals How Tough Reforms are Shaping Nigeria's Financial Future
Nigeria News
1 min read
In an exclusive interview with ARISE NEWS, the Governor of the Central Bank of Nigeria (CBN), Dr. Olayemi Cardoso, unveiled crucial policies and...
FAAN: Nigerians Demand Answers Following Brief Blackout at Murtala Muhammed International Airport
Nigeria FAAN: Nigerians Demand Answers Following Brief Blackout at Murtala Muhammed International Airport
Nigeria News
1 min read
The Murtala Muhammed International Airport (MMIA) in Lagos found itself plunged into darkness for a brief period, as the Federal Airports...
CBN Enforces Stricter Regulations, Bars Banks and Fintechs from International Money Transfers
Nigeria CBN Enforces Stricter Regulations, Bars Banks and Fintechs from International Money Transfers
Nigeria News
2 min read
The Central Bank of Nigeria (CBN) has announced the prohibition of banks and financial technology companies (fintechs) from offering international...
CBN's 43% Import Duty Rate Surge Sparks Economic Concerns: Impact on Businesses, Trade, and Economy
Nigeria CBN's 43% Import Duty Rate Surge Sparks Economic Concerns: Impact on Businesses, Trade, and Economy
Nigeria News
2 min read
The Central Bank of Nigeria (CBN) has given the green light to a substantial 43 percent increase in import duty rates, sending shockwaves through...
MultiChoice Faces Potential Takeover as Canal+ Group Offers $1.69 Billion Deal
Nigeria MultiChoice Faces Potential Takeover as Canal+ Group Offers $1.69 Billion Deal
Nigeria News
1 min read
French TV channel Canal+ Group has officially expressed its intent to acquire all shares of South Africa's MultiChoice for an impressive $1.69...
Rising Costs, Shrinking Pockets: How Naira's Freefall to N1,515/$1 Is Impacting Nigerians
Nigeria Rising Costs, Shrinking Pockets: How Naira's Freefall to N1,515/$1 Is Impacting Nigerians
Nigeria News
2 min read
The exchange rate between the Nigerian Naira and the US Dollar has plummeted to unprecedented levels, reaching around N1,515/$1 in the black...
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