Business

The rhythm of Nigeria's business world
As of August 18, 2024, the black market exchange rate for the U.S. dollar to the Nigerian naira is N1,605 for buying and N1,610 for selling. In...
President Bola Tinubu has authorized the Nigerian National Petroleum Company (NNPC) to use its 2023 final dividends to cover petrol subsidy costs...
MTN Group reported its first loss in eight years, totaling 7.39 billion rand ($414.7 million) for H1 2024, compared to a profit of 4.14 billion...
NNPC Ltd. denies owing $6.8 billion to international oil traders and refutes claims of non-remittance to the Federation Account. The company...
Elon Musk’s Starlink is expanding in Nigeria by setting up new ground stations in Lagos, Ogun, and Rivers states. This development aims to enhance...
As of August 16, 2024, the black market exchange rate for the U.S. dollar to the Nigerian naira stands at ₦1,596 for buying and ₦1,600 for...
Minister of Aviation, Festus Keyamo, reassures aviation workers that their concerns over the 50% revenue deduction policy will be addressed...
A Lagos Federal High Court has ordered the interim forfeiture of $2.04 million and seven properties linked to former CBN Governor Godwin Emefiele...
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