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Nigeria is set to receive a $500 million loan from the World Bank, aimed at enhancing rural access and agricultural marketing. This loan, part of...
The Nigerian Senate has ordered the arrest of Julius Berger MD, Dr. Peer Lubasch, over abandoned projects and a controversial rise in contract...
Access Bank has agreed to acquire a 100% stake in South Africa's Bidvest Bank for $665 million in assets, enhancing its footprint in the Southern...
Nigeria’s Power Minister, Adebayo Adelabu, announces that 150MW will be added to the national grid before the end of 2024. This follows the...
Nigeria has retained its position as Africa's top oil producer, with a rise in output to 1.48 million barrels per day in November 2024. The...
![Today's Naira Rate [12-12-2024]: Naira Slips to N1,720/$ as FX Rate Gap Widens by N175](/data/attachments/211/211289-4523aaaef2728cb1682e6b0e5d6eacb3.jpg?hash=FXjrHIaYd4)
The naira depreciated to N1,720 per dollar in the parallel FX market on December 11, 2024, widening the gap between official and parallel rates to...
On December 11, 2024, WhatsApp, Instagram, and Facebook experienced a global outage, affecting millions of users. Meta confirmed the issue and...
![Today's Naira Rate [11-12-2024]: Naira Loses Ground Amid Speculative Trading, Hits N1,780 Per Dollar](/data/attachments/211/211247-18f7ebee5842e1599b5bb6d7ed614446.jpg?hash=FXjrHIaYd4)
Nigeria
Today's Naira Rate [11-12-2024]: Naira Loses Ground Amid Speculative Trading, Hits N1,780 Per Dollar
The Nigerian Naira fell sharply from N1,600 to N1,780 per dollar in the black market, reversing recent gains. Bureau de Change operators and...
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