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![Today's Naira Rate [20-05-2024]: Nigerian Naira Hits N1,490/$ at Parallel FX Markets](/data/attachments/204/204131-8457c57119a478bc5717b11aa4a694ef.jpg?hash=hFfFcRmkeL)
Nigeria Today's Naira Rate [20-05-2024]: Nigerian Naira Hits N1,490/$ at Parallel FX Markets
Nigeria's forex market experiences a notable shift as the Naira strengthens against the dollar, reaching N1,490 at parallel markets. Traders in Lagos report buying rates at N1,450 and selling at N1,490, marking a 1.34% increase from previous rates. Stay updated on economic fluctuations for...- Nigeria News
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- foreign exchange forex naira exchange rate nigeria parallel market
- Category: Business
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Nigeria Dangote Reveals Tax Burden:Nigerian Government Takes 52% Tax on Every Naira Profit
Africa's richest man, Aliko Dangote, reveals Federal Government takes 52% tax on every N1 profit, citing challenges for entrepreneurs. He advocates for policy consistency and applauds positive steps like the Petroleum Industry Act. Africa's wealthiest individual, Aliko Dangote, unveils a...- Nigeria News
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- africa ceo forum aliko dangote entrepreneurship nigeria tax policy
- Category: Business
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Nigeria Lagos-Ibadan Expressway Crash: Seven Injured as Truck Carrying Cows Hits Two Buses
A collision on the Lagos-Ibadan Expressway involving a truck carrying cows and two passenger buses injured seven people. The Federal Road Safety Corps attributed the accident to driver fatigue. Authorities urge caution when transporting livestock and humans together and emphasize regular breaks...- Nigeria News
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- bus collision lagos-ibadan expressway nigeria road safety truck accident
- Category: Metro
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Nigeria Nigerians Concerned as Federal Government Appeals for $306 Million Aid for Food, Water, and Healthcare
Nigeria, with the UN's support, seeks $306 million to address severe food insecurity and malnutrition in Borno, Adamawa, and Yobe states. The appeal aims to provide food, clean water, healthcare, and protection to 2.8 million people facing critical needs due to conflict, economic challenges, and...- Nigeria News
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- borno news food security nigeria nutrition crisis
- Category: Politics
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Nigeria Nigerian Youths Dispute EFCC Chairman's Claims on Cryptocurrency Terrorism Funding
EFCC Chairman Ola Olukoyede warns that some youths unknowingly fund terrorism through cryptocurrency trading. His remarks ignite debate over the government's focus on youth involvement in terrorism financing. The chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede...- Nigeria News
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- cryptocurrency efcc nigeria ola olukoyede terrorism financing
- Category: Metro
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Nigeria Nigerians Question Government's Priorities as FG and EFCC Target Fake News Amid Economic Hardships
The Federal Government and EFCC vow to tackle fake news in Nigeria with the launch of EFCC Radio, 97.3 FM. Minister Mohammed Idris lauds EFCC's anti-corruption efforts, emphasizing the radio station's role in combating misinformation. The Federal Government and the Economic and Financial...- Nigeria News
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- efcc fake news mohammed idris nigeria ola olukoyede
- Category: Politics
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Nigeria Nigerians Unmoved as Emirates Airlines Announces Resumption of Nigeria Flights from October 1, 2024 Amid Economic Hardship
Emirates Airlines announces the resumption of flight operations to Nigeria starting October 1, 2024. Nigerians express joy and relief at the news, anticipating improved connectivity to Dubai and beyond. Emirates Airlines announces the resumption of flight operations to Nigeria from October 1...- Nigeria News
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- emirates airlines flight resumption nigeria travel news
- Category: Business
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Nigeria Nationwide Uproar: NLC, TUC Block Offices of Ikeja, Ibadan DisCos Over Tariff Hike
Workers protest nationwide against electricity tariff hikes by picketing Ikeja and Ibadan DisCos. Nigerian Labour Congress and Trade Union Congress demand tariff reversal, giving an ultimatum to regulators. Government warns of sector repercussions but faces pressure as IMF suggests subsidy...- Nigeria News
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- electricity tariff hike labour protests nigeria nigerian labour congress trade union congress
- Category: Metro
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Nigeria Fraud Allegations Rock Nigerian Community in UK: Man Accused of Exploiting Woman for £30K
Controversy erupts as a Nigerian man faces allegations of defrauding a woman of £30,000 in the UK, igniting a gender debate. A Nigerian man is facing significant backlash following allegations of defrauding a woman of over £30,000. The accusations suggest he exploited her trust, persuading her...- Nigeria News
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- fraud exploitation gender debate nigeria
- Category: Metro
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Nigeria Eniola Badmus Gets Political Payoff? Nigerians React to Her Federal Appointment After Supporting Tinubu
Eniola Badmus, Nollywood star, appointed Special Assistant for Social Events and Public Hearings to the Speaker of the House of Representatives in Nigeria, Tajudeen Abbas. The viral clips of her swearing-in and receiving her appointment letter garnered attention Nollywood sensation Eniola...- Nigeria News
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- eniola badmus house of representatives nigeria nollywood star speaker tajudeen abbas
- Category: Entertainment
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Nigeria Nigeria Fires Back at Binance: No Room for Blackmail in Government
Nigerian Federal Government responds decisively to Binance CEO's bribery allegations, denouncing them as blackmail. Amidst accusations of money laundering and terrorism financing, the government asserts the need for a transparent investigation and judicial due process. The Federal Government...- Nigeria News
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- binance bribery allegations binance ceo federal government nigeria richard teng
- Category: Politics
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Nigeria Job Loss Looms: Microsoft Eyed to Shut Down Lagos Development Center, 200 Employees Affected
Reports indicate Microsoft's potential closure of its Lagos Development Center, jeopardizing 200 jobs. The move spells uncertainty for Nigeria's tech landscape and innovation prospects. While the company remains tight-lipped, economic challenges are speculated to drive the decision. The shutdown...- Nigeria News
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- african development centers job loss lagos development center microsoft nigeria tech industry
- Category: Business
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Nigeria Binance CEO Shocker: Nigerian Government Officials Under Fire Over Bribe for Freedom Demands Reported by Nairametrics
Allegations surface as Binance CEO reveals Nigerian officials demanded cryptocurrency bribes to release detained executives. Shocking revelation sparks scrutiny amid rising tensions. Explore implications for Binance's operations and Nigeria's regulatory climate In a development that has sent...- Nigeria News
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- 2 min read
- binance ceo cryptocurrency nigeria
- Category: Politics
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Nigeria Amid Economic Hardships, FG Considers Telecom Tax Reintroduction for $750m World Bank Loan
Amid Nigeria's economic struggles, the government is considering reintroducing telecom taxes to secure a $750m World Bank loan. The move sparks frustration among citizens already burdened by financial hardship. As negotiations unfold, concerns arise over the potential impact on the economy and...- Nigeria News
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- armor program fiscal reform nigeria telecom tax world bank loan
- Category: Politics
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Nigeria Nigeria's Social Media Heats Up Over Government's Silence About the Whereabouts of President Tinubu.
In a close call, both President Tinubu and Vice President Shettima nearly left Nigeria simultaneously, raising alarms amid Tinubu's mysterious absence after the World Economic Forum. Criticism mounts over government transparency and constitutional issues, with even Atiku Abubakar questioning the...- Nigeria News
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- nigeria president tinubu tinubu missing vice president shettima
- Category: Politics
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Nigeria Nigeria Tightens Oversight: 1.9 Million PoS Agents Mandated for CAC Registration
Nigeria mandates 1.9 million Point of Sale (PoS) agents to register with the Corporate Affairs Commission (CAC) to curb rising fraud incidents, which accounted for 26.37% of cases in 2023. This directive aims to enhance transparency in financial transactions and improve regulatory oversight in...- Nigeria News
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- cac corporate affairs commission nigeria point of sale pos agents
- Category: Business
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Nigeria Nigerians Accuse FG of Hypocrisy as Education Minister Announces Measures to Tackle Degree Certificate Fraud
Nigerians question government integrity as Education Minister announces crackdown on fake certificates. Amid rising concerns over academic fraud, the Minister pledges to root out perpetrators. In a bid to uphold educational integrity, Education Minister Tahir Mamman unveiled a comprehensive...- Nigeria News
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- education minister fake certificates investigation report nigeria tahir mamman
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Nigeria Controversy Surrounds Minister's Claim: No Journalist Jailed Under Tinubu's Rule
Amidst World Press Freedom Day, Nigeria's Information Minister defends Tinubu's administration, claiming no journalist faced incarceration. Recent incidents, like the detention of Segun Olatunji and Daniel Ojukwu's abduction, challenge this stance. SERAP and NGE call for press freedom...- Nigeria News
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- daniel ojukwu fij reporter fisayo soyombo journalist arrests nigeria press freedom tinubu administration
- Category: Politics
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Nigeria Shettima: Nigeria's Fate Under Tinubu's Economic Policies Inevitable Post-Buhari
Vice-President Kashim Shettima has recently addressed Nigeria's economic challenges, attributing them to the policies of the previous administration under President Muhammadu Buhari. Speaking at the 2nd Chronicle Roundtable in Abuja, Shettima emphasized that the economic crisis inherited by...- Nigeria News
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- buhari economic challenges fuel subsidy removal kashim shettima muhammadu buhari nigeria nigeria economic crisis tinubu un collaboration vice-president
- Category: Politics
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![[VIDEO] Heart-Wrenching Scene: Elderly Man Breaks Down in Tears Over Skyrocketing Fuel Prices in Nigeria](/data/attachments/203/203552-d9d429f8fbfa8a8c2ed1532232aa2c58.jpg?hash=2dQp-Pv6io)
Nigeria [VIDEO] Heart-Wrenching Scene: Elderly Man Breaks Down in Tears Over Skyrocketing Fuel Prices in Nigeria
In a heart-wrenching viral video circulating online, an elderly man is seen in tears after purchasing fuel at an exorbitant price, reflecting the ongoing fuel crisis in Nigeria. The video has sparked a wave of emotions across social media platforms, with Nigerians expressing sympathy and...- Nigeria News
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- elderly man fuel crisis nigeria
- Category: Metro
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