The digital lending landscape in Nigeria has witnessed significant growth, with an array of licensed loan app companies offering credit facilities to both individuals and businesses....
The Nigerian naira took a steep dive on Thursday afternoon, hitting N1,450 per dollar in the parallel market, marking an 8.28% decline or a N120 difference...
Telecommunications companies in Nigeria, including Airtel, MTN, 9Mobile, and Glo, are advocating for a tariff increment, citing economic realities and sustainability concerns. The move, proposed in...
PZ Cussons has announced it’s intention to exit Africa’s business environment. Speaking on Wednesday, April, 24, the company said it has begun a strategic review of...
Nigerian telecom operators have reiterated their request for an upward tariff revision to counterbalance the escalating expenses associated with their operations and investments in the sector....
Despite Dangote Industries’ notable price reduction on diesel, many Nigerians continue to struggle with the high cost of the fuel essential for powering generators, trucks, and...
The President of the All Farmers Association of Nigeria (AFAN), Kabir Ibrahim, has revealed that imported rice from India carries a landing cost of $58 per...
The naira experienced a significant depreciation, falling to ₦1,300 per dollar in the parallel foreign exchange market on Wednesday, a 3.17 per cent drop from its...
Commuters in the Federal Capital Territory and five other states faced severe transportation hurdles on Wednesday as a sudden scarcity of Premium Motor Spirit (PMS), commonly...
MRS Oil Plc has reduced the price of Automotive Gas Oil (AGO), commonly known as diesel, to ₦1,050 per litre across its outlets nationwide. Naija News...
What is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)? See the black market Dollar to...
The Central Bank of Nigeria (CBN) has denied issuing a fresh directive to Deposit Money Banks, Non-bank Financial Institutions and other Financial Institutions in the country...
Rice millers in Nigeria are experiencing a significant relief in production costs and are passing these savings on to consumers following the reopening of the Nigeria-Niger...
The Naira on Wednesday depreciated in the Nigerian Foreign Exchange Market, (NAFEM) to N1,300.15 per dollar, exceeding the parallel market rate by N45.15. Data from the...
What is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)? See the black market Dollar to...
The National Bureau of Statistics (NBS) has reported a significant rise in the cost of air travel within Nigeria, with average airfare increasing by 18.96% over...
The Central Bank of Nigeria (CBN) has notified Bureau De Change (BDC) operators of the sale of $10,000 at the rate of ₦1,021/$1. The notification of...
According to data obtained from the FMDQ securities exchange, the naira has depreciated to N1,234 against the dollar at the official foreign exchange market on Monday....
What is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)? See the black market Dollar to...
The Nigerian Naira experienced a significant depreciation in value against the US Dollar this Monday, as rates hit ₦1,260 per dollar in the parallel foreign exchange...