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Everything You Need to Know About the NDDC Youth Internship SchemeI want to apply
- akeri akpokabowei
The Central Bank of Nigeria (CBN) has approved the merger of Unity Bank Plc and Providus Bank Limited, providing financial support to ensure stability. This strategic move aims to bolster Nigeria's financial system, address Unity Bank's obligations, and promote confidence in the banking sector...
![Today's Naira Rate[06-08-2024]: Naira Sees 0.6% Increase, Now Trading at N1,607.15 Against Dollar](/data/attachments/206/206928-3c44473101cfdb95816e4fca0635f7db.jpg?hash=PERHMQHP25)
Nigeria
Today's Naira Rate[06-08-2024]: Naira Sees 0.6% Increase, Now Trading at N1,607.15 Against Dollar
The Nigerian Naira has appreciated by 0.6% against the dollar, trading at N1,607.15 in the official market. Data from the FMDQ Exchange shows a gain of N9.93 from the previous rate. At the Investor’s and Exporter’s window, the Naira ranges between N1,620.50 and N1,570.00.
The Nigerian Naira has...
Former President Olusegun Obasanjo revealed Shell’s refusal to invest in Nigerian refineries, citing corruption and poor maintenance. Obasanjo criticized the ongoing failures in state-owned refineries and expressed concerns about potential sabotage against Aliko Dangote’s refinery.
Former...
Discover the weakest currencies in Africa for 2024, including Sierra Leone's Leone, Sao Tome's Dobra, and Nigeria's Naira. Explore how high inflation and economic instability affect these currencies, impacting investment and global market competition.
A weak currency can significantly hinder a...
The NDDC Youth Internship Scheme offers N50,000 monthly to 10,000 youths from the Niger Delta, with applications open until August 2024. Eligible applicants must be between 18-46 years old and register at https://nyis.nddc.gov.ng. The program spans 12 months, covering all nine Niger Delta...
The Niger Delta Development Commission (NDDC) has launched its Youth Internship Scheme, offering N50,000 monthly stipends to 10,000 youths. The initiative aims to address skill and education gaps, with an online portal for applications. Age limits are set to ensure the program benefits younger...
Former President Olusegun Obasanjo claims cabals in Nigeria's oil and gas sector are obstructing the $20 billion Dangote Refinery to protect their profits from refined petrol imports. The refinery, essential for Nigeria's energy independence, faces challenges in securing crude oil supplies amid...
![Today's Naira Rate[05-08-2024]: Dollar to Naira Exchange Rate Soars, Black Market Hits ₦1605](/data/attachments/206/206897-3c44473101cfdb95816e4fca0635f7db.jpg?hash=PERHMQHP25)
Nigeria
Today's Naira Rate[05-08-2024]: Dollar to Naira Exchange Rate Soars, Black Market Hits ₦1605
On August 5, 2024, the black market exchange rate for the US Dollar to Naira is ₦1605 for buying and ₦1614 for selling, according to Bureau De Change sources. The Central Bank of Nigeria's official rate stands at ₦1599 for buying and ₦1600 for selling.
As of August 5, 2024, the black market...
The global stock market crash has affected the Nigerian Exchange Group (NGX), with MTN Nigeria’s stock dropping to its lowest level in three years. As of August 5, MTN’s share price fell to N179, a 5.79% decline. The global downturn, triggered by disappointing U.S. job data, has led to...
Coca-Cola Nigeria has responded to the FCCPC's warning, asserting that its packaging meets national regulations and provides clear product information. The FCCPC had accused Coca-Cola of misleading marketing practices concerning their "Original Taste" and "Original Taste, Less Sugar" variants...
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