Exchange rate ends week strong at N1,579/$1 on official market, stabilizes across forex channels
The naira ended the week on a strong note, appreciating to N1,579/$1 on Friday, May 23, 2025, at the official...
Plateau govt approves 159 mining firms to resume operations in the state
The Plateau State Government said it has granted clearance to 159 mining companies to commence operations across the state, despite...
Non-payment of ground rent: FCTA to take possession of 4,794 revoked properties from Monday
The Federal Capital Territory Administration (FCTA) has said it will begin enforcement actions on Monday, May 26, 2025, to take...
Top ten African countries with the highest interest rates – May 2025
This article is a breakdown of the top 10 African countries with the highest interest rates in 2025:
Exchange rate slumps to N1,586/$1 in official market—first decline since MPC meeting
The naira weakened to N1,586/$1 in the official market on Thursday, marking the first depreciation since the Central Bank of...
FG reaches 6 Million Nigerians in 6 Months through conditional cash transfer scheme – Minister
The Minister of Humanitarian Affairs and Poverty Reduction, Professor Nentawe Yilwatda, has revealed that the federal government is aiming to...
Dangote slashes petrol retail prices to N875 per litre
The Dangote Petroleum Refinery reduced the pump price of Premium Motor Spirit (petrol) throughout the country, with new rates ranging...
MAN to CBN: Stop banks from punishing manufacturers over unsettled forex obligations
The Manufacturers Association of Nigeria (MAN) has raised alarm over what it describes as the unjust treatment of its members...
Renaissance Africa targets 300 MMSCF/D gas output, unveils $15 billion investment plan in Niger Delta
Renaissance Africa Energy Company Limited has announced plans to increase its gas production capacity to 300 million standard cubic feet...
Naira gains for three straight days in official market but UK Pounds falls to N2,155
The naira appreciated to N1,583/$1 at the official foreign exchange market on Wednesday, strengthening slightly from N1,588.5/$1 recorded on Tuesday,...
