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Article 'FCSC Recruitment: Steps to Secure a Position in Nigeria’s Federal Civil Service'- Nigeria News
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![Today's Naira Rate [31-01-2025]: CBN Interventions Boost Naira as Exchange Rate Improves to N1,493/$](/data/attachments/212/212954-58e780ec025feefde8bfa331a3d70815.jpg?hash=PERHMQHP25)
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Everything You Need to Know About the NDDC Youth Internship SchemeI want to apply
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![Today's Naira Rate[01-07-2014]: Nigerian Naira Ends 5-Day Depreciation, Hits N1,510/$ in Market Rebound](/data/attachments/205/205685-147ab142f8cf48479284e57b3d23fc38.jpg?hash=FHqxQvjPSE)
Nigeria
Today's Naira Rate[01-07-2014]: Nigerian Naira Ends 5-Day Depreciation, Hits N1,510/$ in Market Rebound
The Nigerian naira breaks its five-day depreciation streak, appreciating to N1,510/$ in the parallel market. This development follows a period of volatility in both official and parallel markets. Central Bank Governor expresses optimism about currency stability, emphasizing its importance for...
Mara, a crypto startup backed by Coinbase, suffered a $16 million loss in 2022 due to leadership issues and financial mismanagement. The transition to a new entity, Jara, raises questions about the company’s future and unresolved liabilities.
In 2021, during the peak of cryptocurrency optimism...
NDIC explains delays in compensating Heritage Bank customers due to BVN and account information discrepancies. Substantial payments were made, but verification was needed for unresolved cases. Liquidation dividends are planned for larger deposits. NDIC commits to progressive payments as assets...
Discover how rising food prices in Nigeria, including rice, beans, and tomatoes, are reshaping household budgets. Explore innovative culinary solutions amid economic challenges and learn about the factors driving these price hikes.
The rising prices of essential food commodities like rice...
Nigerian families adapt to skyrocketing tomato prices by using alternatives like cucumber, carrot, and peppers in traditional recipes. Creative cooking methods emerge as tomato costs surge over 120%. Experts cite seasonality and logistics for price increases. Social media facilitates recipe...
Nigeria removes five oil blocks from the 2024 licensing round due to legal disputes. NUPRC confirms withdrawal of PPL3008, PPL3009, PML51, PPL267, and PPL268. Decision impacts originally announced 12-block offering. The move highlights legal complexities in Nigeria's oil sector and may affect...
Nigeria's debt-to-GDP ratio has surpassed 50%, hitting N121 trillion in total debt. Moody’s predicts debt interest could consume 36% of government revenue, highlighting economic challenges amid rising borrowing and currency devaluation pressures.
Nigeria’s debt-to-GDP ratio has exceeded 50% for...
The Nigerian Naira depreciated by over 40% in early 2024, despite policy reforms and increased external reserves, reaching N1505.30 per dollar. The currency's instability continues to challenge the economy.
In the first half of 2024, the Nigerian Naira experienced a depreciation of over 40...
Nigeria
Shareholders Left Empty-Handed as PZ Cussons Nigeria Reports N96.4 Billion Loss and Negative Equity
PZ Cussons Nigeria reports a massive N96.4 billion loss in FY 2024, resulting in negative equity. Despite revenue growth, exchange losses, and macroeconomic challenges have severely impacted the company's finances. Delisting plans face hurdles as the parent company reviews Nigerian operations to...
Taiwo Oyedele, Chairman of the Presidential Committee on Fiscal Policy, advocates for an hourly minimum wage in Nigeria, linking it to worker productivity. He also suggests allowing civil servants to hold multiple jobs. His proposal aims to balance wage adequacy with productivity for sustainable...
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