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Africa

Naira Holds Steady As CBN Extends Dollar Access To BDC Operators

The Naira closed flat on Tuesday across foreign exchange (FX) markets following reduced demand and improved liquidity. This development came as the Central Bank of Nigeria (CBN) extended access to Bureau De

Emmanuel Ochayi

8 hours ago

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 24th October 2024

Business·Currency·Latest News·Markets

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 5th February 2025

What is the Dollar to Naira Exchange rate at the black market, like the Aboki Fx? The exchange rate for the US dollar (USD) to Nigerian Naira (NGN) in the parallel market

Admin

13 hours ago

Business·FEATURES·Finance & Economy·Latest News

Banking In Nigeria: A Tale Of Frustration, Long Queues, High POS Charges

In recent years, Nigeria’s banking landscape has shifted dramatically. The rise of Point-of-Sale (POS) operators has transformed how many Nigerians access their money. While these agents offer convenience, they’ve also introduced new

Emmanuel Ochayi

13 hours ago

Business·Latest News·Markets

Nigeria’s Equity Market Gains 0.15% As Northern Nigeria Flour Mills, Beta Glass Lead Rally

Nigeria’s equity market extended its positive momentum on Tuesday, rising by 0.15%. The Nigerian Exchange Limited (NGX) All-Share Index (ASI) moved from 104,630.3 points to 104,788.35 points. Similarly, the equity market capitalization

Emmanuel Ochayi

14 hours ago

Business·Latest News·Power

₦200bn Monthly Electricity Subsidy Benefits Only Wealthy Nigerians – Energy Adviser

By Kelechi Ogbu Olu Verheijen, Special Adviser to Nigeria’s President Bola Tinubu on Energy, has revealed that the Federal Government spends over ₦200 billion every month on electricity subsidies. She said the

Admin

17 hours ago

I Never Said I’ll Be Vice President To Anyone – Obi

Bandenoch’s Scathing Remarks Should Push Us To Strive For Better Nigeria – Obi

By Kenechukwu Onah Labour Party presidential candidate in 2023 election, Mr. Peter Obi, has urged Nigerians to see negative remarks by Nigeria-born UK parliamentarian, Kemi Badenoch and others about Nigeria, as a

Admin

20 hours ago

Business·Latest News

Nigeria’s External Reserve Drops By $1.19bn In Less Than One Month

Nigeria’s external reserve has dropped by $1.19 billion in just three weeks and five days, according to data from the Central Bank of Nigeria (CBN). The gross external reserve, which stood at

Emmanuel Ochayi

1 day ago

Minister of Art Culture Tourism and Creative Economy Hannatu Musawa

What Nigeria Hopes To Achieve With Creative And Tourism Corporation

The Federal government is determined to bring tourism contribution to the Nation’s GDP at par with that of Morocco, South Africa and Egypt through the new Creative And Tourism Corporation, it has

Julius Okorie

1 day ago

Crypto Market Surges As President Trump Pauses Tariffs On Canada, Mexico

The crypto market experienced a rebound after U.S. President Donald Trump agreed to halt proposed tariffs on Canada and Mexico temporarily as reported by Prime Business Africa. This decision comes as negotiations

Emmanuel Ochayi

1 day ago

Business·Latest News·Oil & Gas

Petrol Price Drops To N925 At Private Depots, Marketers Count Losses

The price of Premium Motor Spirit (PMS), commonly known as petrol, has dropped to N925 per litre at private depots. This reduction follows Dangote Petroleum Refinery’s decision to lower its ex-depot price

Emmanuel Ochayi

1 day ago

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Latest News

Naira Holds Steady As CBN Extends Dollar Access To BDC Operators

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 5th February 2025

Banking In Nigeria: A Tale Of Frustration, Long Queues, High POS Charges

Nigeria’s Equity Market Gains 0.15% As Northern Nigeria Flour Mills, Beta Glass Lead Rally

₦200bn Monthly Electricity Subsidy Benefits Only Wealthy Nigerians – Energy Adviser

Bandenoch’s Scathing Remarks Should Push Us To Strive For Better Nigeria – Obi

Nigeria’s External Reserve Drops By $1.19bn In Less Than One Month

What Nigeria Hopes To Achieve With Creative And Tourism Corporation

Crypto Market Surges As President Trump Pauses Tariffs On Canada, Mexico

Petrol Price Drops To N925 At Private Depots, Marketers Count Losses

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