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The Nigerian government plans to reduce crude oil supply to Dangote Refinery from 300,000 barrels per day due to the onstreaming of Warri and Port...
The Association of Telecommunications Companies of Nigeria (ATCON) has called for an increase in call tariffs by Q1 2025 to help telecom operators...
![Today's Naira Rate [31-12-2024]: Naira Sees Improvement as Parallel Market Rate Drops to N1,650](/data/attachments/211/211938-c67b02c939f9c8481152d37dbd74bdcd.jpg?hash=FXjrHIaYd4)
Nigeria
Today's Naira Rate [31-12-2024]: Naira Sees Improvement as Parallel Market Rate Drops to N1,650
The Nigerian Naira appreciated to N1,650 per dollar in the parallel market on December 31, 2024, from N1,655 the previous day. In the official...
First Bank of Nigeria has dismissed 100 senior executives as part of a 2025 restructuring plan under new MD Olusegun Alebiosu. Chairman Femi...
Mele Kyari, GCEO of NNPC, has announced that the Warri Refinery is now operational, producing 125,000 barrels daily despite ongoing...
Nigeria receives a $1.5 billion loan from the World Bank to support fuel subsidy removal and tax reforms. The loan, disbursed in two tranches...
Starlink is raising its Nigerian subscription fees to ₦75,000 monthly, effective January 27, 2025. The price increase comes ahead of an expected...
The Nigerian naira is projected to reach N1,804/$ in 2025, reflecting continued volatility despite rising foreign reserves. Afrinvest predicts...
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