Naira crashes, trades at N1,416/$1 at official window
The Nigerian currency, the naira, reversed the gains recorded on Monday, May 6, 2024 to crash to N1, 416/$1 on Tuesday, May 7, 2024 data from the Nigerian Autonomous Foreign
Read MoreThe Nigerian currency, the naira, reversed the gains recorded on Monday, May 6, 2024 to crash to N1, 416/$1 on Tuesday, May 7, 2024 data from the Nigerian Autonomous Foreign
Read MoreAmerican multinational automotive and clean energy company, Tesla has continued its massive layoffs, with its restructuring affecting no fewer than 140,000 employees. Reports indicate that the newest round of layoffs
Read MoreThe Nigerian currency, the naira, rebounded on Monday, May 6, 2024 to trade at N1,354.21/$1 data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) has shown. At the end of
Read MoreIndigenous oil and gas producer, Oando, has projected that it will double its production to 50,000 barrels per day of oil equivalent with the ‘imminent’ closure of its landmark deal
Read MoreZenpay Limited, a wholly owned subsidiary of Zenith Bank Plc, has signed an Agreement with the African Continental Free Trade Area (AfCFTA) Secretariat for the development and deployment of the
Read MoreAfrica’s Global Bank, United Bank for Africa (UBA), held the second edition of its expanded Graduate Management Acceleration Programme (GMAP) class of 2024, where 398 young Africans were inducted into
Read MoreAt the 2024 Medic West Africa Event, organised by ABCHealth in collaboration with Informa Markets, Access Bank reaffirmed its dedication to fostering positive transformation in healthcare across Africa. The event,
Read MoreFCMB Group Plc has declared growth in deposits, loans, assets under management, revenue and earnings and improved its environmental, social, and corporate governance scorecard in financial year ended December 31, 2023. The Group recorded
Read MoreThe Nigerian Upstream Petroleum Regulatory Commission (NUPRC) is moving to speed up the conclusion of regulatory oversight on the ongoing oil assets divestment by International Oil Companies (IOCs), THISDAY learnt
Read MoreIn a move highlighting ongoing scrutiny of foreign exchange transactions, the Central Bank of Nigeria (CBN) has directed four major Microfinance Banks (MFBs) to halt onboarding new customers. The affected
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