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Jumia is closing operations in South Africa and Tunisia to concentrate on profitable markets, especially Nigeria. CEO Francis Dufay states this...
Aliko Dangote, the president of the Dangote Group, has reached a significant milestone, now ranking as the 65th richest person globally, with a...
![Today's Naira Rate[17-10-2024]:Naira Depreciates Further to ₦1,705 Against the Dollar in Black Market](/data/attachments/209/209264-75239364762d3e0f4a7e85481c4aa046.jpg?hash=bRaHhFf4n0)
Nigeria
Today's Naira Rate[17-10-2024]:Naira Depreciates Further to ₦1,705 Against the Dollar in Black Market
The naira’s value has dropped to ₦1,705 per dollar in the parallel market, reflecting a continued decline due to high demand for U.S. dollars and...
Deji Adeleke, the father of Nigerian artist Davido, revealed that his company, Pacific Energy, generates 15% of Nigeria’s electricity. During the...
Finance Minister Wale Edun acknowledged the pain of recent economic reforms in Nigeria but emphasized their necessity for growth. Key changes...
Following GTBank’s system upgrade, Lagos customers have faced challenges accessing accounts and completing transactions. Despite assurances...
Adedeji Adeleke, the father of music star Davido, shared his experience securing a $2 billion environmental permit for Nigeria’s largest power...
The Nigerian Naira ranks among sub-Saharan Africa's weakest currencies, alongside the Ethiopian Birr and South Sudanese Pound, depreciating by 43%...
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