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![Today's Naira Rate[28-08-2024]: Naira Continues Decline, Black Market Dollar Rate Reaches ₦1,605 Today](/data/attachments/207/207708-ae57b27e1dd4fda0ec2c2ca1a0a00e0f.jpg?hash=bRaHhFf4n0)
Nigeria
Today's Naira Rate[28-08-2024]: Naira Continues Decline, Black Market Dollar Rate Reaches ₦1,605 Today
The black market exchange rate for the U.S. dollar to the Nigerian naira is ₦1,605 for buying and ₦1,615 for selling as of August 28, 2024. This...
The Nigerian Communications Commission (NCC) has extended the SIM-NIN linkage deadline to September 14, 2024, with 153 million SIMs already linked...
AMCON plans to sell the Ibadan Electricity Distribution Company (IBEDC) to financially strong investors to enhance its efficiency and improve...
Africa
South Africa's Johann Rupert Surpasses Dangote as Africa's Wealthiest, Now Worth $14.3 Billion
South African billionaire Johann Rupert has overtaken Aliko Dangote as Africa’s richest person, with a net worth of $14.3 billion compared to...
President Tinubu appoints Mr. Adeola Ajayi as the new DSS Director-General. Ajayi, a seasoned intelligence officer with 30+ years of service, has...
Americas
Zuckerberg Criticizes U.S. Pressure to Censor COVID-19 Content, Declines Election Funding for 2024
Meta CEO Mark Zuckerberg criticized the U.S. government's past pressure to censor COVID-19 content, calling it "wrong." In a letter to Congress...
![Today's Naira Rate[26-08-2024]: Naira Drops to 1,596.60/$ as Dollar Supply Tightens in FX Market](/data/attachments/207/207648-e780f59853b1938ae71a997d15d65bdf.jpg?hash=bRaHhFf4n0)
Nigeria
Today's Naira Rate[26-08-2024]: Naira Drops to 1,596.60/$ as Dollar Supply Tightens in FX Market
The naira closed at N1,596.60 per dollar as dollar liquidity decreased, marking a 1.66% drop from Friday's rate. Daily FX market turnover fell...
Nigeria's GDP grew by 3.19% in Q2 2024, surpassing 2.51% in Q2 2023 and 2.98% in Q1 2024. The services sector led growth at 3.79%, contributing...
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