Business

The rhythm of Nigeria's business world
The naira fell to a four-month low of N1,603.80/$1 on July 25, 2024, marking a 1.07% drop from the previous day. Despite efforts by the Central...
The Naira fell to N1,575 per dollar in the parallel market on Wednesday, down from N1,565. In NAFEM, it dropped to N1,586.71. Trading volume fell...
The Naira has dropped sharply as banks’ borrowing from the Central Bank of Nigeria (CBN) for foreign exchange (FX) rises to 32%. This increase in...
Meta has removed approximately 63,000 Instagram accounts and 7,200 Facebook assets linked to Nigerian financial sextortion scams. This move...
Netflix has increased its subscription fees in Nigeria, with the Premium Plan now at N7,000 per month, up from N5,000. The Standard Plan also saw...
Nigerians spent $38.17 million on foreign education in Q1 2024, an 83% drop from 2023, per CBN data. Factors include economic challenges and new...
In June 2024, Nigeria saw a surge in food prices with headline inflation reaching 34.19%. Essential items like beans, tomatoes, and yam saw...
NNPC CEO Mele Kyari denies owning a fuel blending plant in Malta and challenges Aliko Dangote to reveal the NNPC personnel involved. Dangote...
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