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Dangote Industries is committed to making Nigeria self-sufficient in cement, petroleum, agriculture, and mining. The company’s investments...
The Central Bank of Nigeria sold $197.71 million to banks to protect the FX market from the fallout of new U.S. tariffs and falling oil prices...
Nyesom Wike, FCT Minister, appoints Monica Dongban-Mensem, President of the Court of Appeal, as Chairman of the IBB Golf Club Board of Trustees...
Nigeria’s public debt reached N144.67 trillion ($94.23 billion) by the end of December 2024, marking a 48.58% increase from the previous year. The...
NNPC has appointed a new senior management team, led by Bayo Ojulari as GCEO. The team will focus on enhancing crude oil and gas production, with...
![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=bRaHhFf4n0)
Nigeria
Today's Naira Rate [04-04-2025]: Naira Hits New Low, Official Exchange Rate Plummets to N1,600 per Dollar
The Naira has depreciated to N1,600 per dollar in the Nigerian Foreign Exchange Market, marking a N31 drop from the previous day. The widening gap...
Oil prices fell sharply to $65 per barrel, the lowest since April 2021, due to escalating trade tensions and new tariffs imposed by China on U.S...
President Tinubu has appointed Ayo Sotinrin as Managing Director of the Bank of Agriculture. With experience across global finance and...