The United States Agency for International Development (USAID) has committed 3 million dollars to the African Water Facility (AWF). This is contained in a statement issued...
Following the Central Bank of Nigeria (CBN) new guidelines in the Foreign Exchange (FX) market recently released, the apex bank has announced further policy changes. According...
The African Export-Import Bank (Afreximbank) on Sunday inaugurated its wholly-owned insurance management services subsidiary, AfrexInsure. AfrexInsure was inaugurated on the sidelines of Afreximbank’s 30th Anniversary Annual...
First Bank of Nigeria Ltd. has announced the sponsorship of the second edition of GAMR X, Africa’s largest e-sports tournament in the country. Mrs Folake Ani-Mumuney,...
The National Bureau of Statistics (NBS), says Nigeria’s headline inflation rate increased to 22.41 per cent in May 2023. This is according to the NBS Consumer...
Naira on Thursday lost against the dollar at the Investors and Exporters window, exchanging N702.19 to the dollar. The local currency depreciated by 5.75 per cent...
The Manufacturers Association of Nigeria (MAN) has projected a mixed outcome on the impact of the floating exchange rate regime on the Nigerian economy. Its Director...
Jumia, leading pan-African e-commerce platform, has announced the launch of its 11th anniversary campaign, tagged “Flex with Us,” with exciting offers for millions of its consumers...
A financial expert, Prof. Uche Uwaleke, says it is commendable for the Central Bank of Nigeria (CBN) to unify the country’s exchange rate. Uwaleke, a Professor...
Naira on Wednesday depreciated against the dollar at the Investors and Exporters window, exchanging N664.04 to the dollar. It was reported that the local currency dropped...
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