Nigerian leading fintech firm Flutterwave recently announced that it has obtained an International Money Transfer Operator (IMTO) licence from the Reserve Bank of Malawi to further assist its internat...
On Thursday, naira gained 1.5% at the parallel market following some confusion between currency speculators as they wait to see the government plans surrounding its proposed increase in dollar liquidi...
President Bola Tinubu has put a stop to the implementation of the increase in electricity tariffs and has insisted that subsidy will be paid on power nationwide, The Minister of Power, Adebayo Adelabu...
The demand on the foreign exchange (FX) market worsened on Wednesday as the naira fell to N1,140/$ at the parallel market. This shows that the country's currency added N110 in just a few hours. On Mon...
Ever since President Bola Tinubu's inaugural speech on May 29th, 2023, where he said that “subsidy is gone”, the rise in the price of petrol has led to a hike in transportation fares and even the ...
Despite the naira gaining against the dollar last week, it’s been reported that on Monday the naira fell to N1,030/$ in the parallel market making its gain last week futile.Naira lost N80 or what we...
The Management of Dangote Industries Limited (DIL) has announced that the conglomerate has repatriated over USD576,008,672.41 through different banks in Nigeria, in addition to a USD$111,968,109.38 ca...
A fuel subsidy is known to be a financial assistance that is provided by the government to reduce the cost of fuel for consumers in a certain region. It’s done to keep fuel prices lower and make it ...
Principal Financial Group, Inc. is a financial firm that offers financial services and products to individuals, businesses, and institutional clients. The company specializes in retirement insurance, ...
Forbes estimates Taylor Swift's net worth to be more than $1.1 billion so far in 2023 coupled with her earnings from her Eras tour which has pumped millions of dollars into her net worth. The Eras tou...