Nigeria’s inflation rate has reached a new high of 34.19% for June 2024, according to the latest data from the National Bureau of Statistics (NBS). This…
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On Sunday, the Pharmaceutical Manufacturers Group of the Manufacturers Association of Nigeria (PMG-MAN) bemoaned the scarcity of foreign exchange in Nigeria, citing its detrimental impact on…
The owner of Dangote Refinery, Aliko Dangote, has announced August 2024 as the new date to commence fuel supply in the Nigerian market. While speaking to…
The naira experienced a decrease in value compared to the dollar in the foreign exchange market as the week ended. According to FMDQ data, the naira’s…
For the first time, the Naira has strengthened against the Dollar at both the official and parallel foreign markets after maintaining a steady decline throughout last…
Nigeria’s Corporate Affairs Commission (CAC) has said it would revoke the certificates of incorporation of Bureau De Change (BDC) operators whose licences have been withdrawn by the…
According to the latest data from the Organisation of the Petroleum Exporting Countries (OPEC), Nigeria maintains its pivotal role as the largest producer of crude oil…
The Nigeria Civil Aviation Authority (NCAA) has warned airlines, urging them to refrain from deceptive scheduling of departure times or risk being sanctioned. The agency’s Director…
The Naira has continued to be in free fall against the Dollar in the foreign exchange market regardless of the increase in FX transaction turnover.Data from…
A Financial Institutions Training Centre (FITC) report has revealed that the top three forms of fraud in the Nigerian banking sector in the first quarter of…