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On Thursday, the foreign exchange (FX) market opened with the dollar trading at N1,135 at the parallel market. This rate was the same as how the market closed on Wednesday.An operator in the black mar...
The United Bank for Africa (UBA) has assured the public of its commitment to deepening intra-African trade to achieve self-reliance and economic development.The bank encourages Africa to deliberate ab...
Nigeria's inflation rate has been on a steady rise for months now, and the record for October reported by the National Bureau of Statistics (NBS) on Wednesday says that the country's inflation hits 27...
Oando Plc recently signed a deal worth $800 million in partnership with the African Export and Import Bank (Afreximbank) at the ongoing Intra-African Trade Fair that took place in Cairo, Egypt.In a tw...
President Bola Tinubu has faulted the strike being embarked on by the Nigerian Labour Congress (NLC) and Trade Union Congress (TUC) as going against the national interest.It was reported that the Unio...
Data shows that Nigerian tier-1 banks, also called FUGAZ, have reported to have surmounted a total of N102.96 billion in income from the account maintenance charged to customers for the first nine mon...
The Nigerian Customs Service (NCS) has made some adjustments to its tariffs and duties to follow suit with the current foreign exchange rate.The updates made can be seen on the federal government’s ...
A High Court in Kenya has requested that the Asset Recovery Agency (ARA) drop its final lawsuit against Flutterwave. The ARA is a commission known for seizing funds related to money laundering a...
A bill to amend the Central Bank of Nigeria Act scaled Second Reading at the House of Representatives on Thursday.On Thursday the House of Representatives went on the Second Reading for the amendment ...
Indian Continent Investment Limited has acquired an additional £57.25 million worth of shares in Airtel Africa.In a corporate notice that was filed with the Nigerian Exchange Limited on Thursday, the...