in Wednesday, the Naira was worth N1,735 per dollar; in the parallel market, it is now worth N1,739 per dollar. According to data from FMDQ, the value of the Naira increased by N52.89 to N1,601.2 per dollar on the Nigerian Autonomous Foreign Exchange Market, or NAFEM, from N1,654.09 per dollar on Wednesday. The official […]
Naira depreciates to N1739/$ in parallel market Read More »
CBN removes deadline placed on old naira notes, which is supposed to be on December 2024. Posts Lists Business News No Deadline On Old Naira Notes – CBN October 25, 2024 News Bianca Ojukwu’s appointment is anti-party activity — Anambra APC leaders October 25, 2024 Digital Skills News Ayra Starr Becomes the Official Face of
No Deadline On Old Naira Notes – CBN Read More »
The significant boost in Dangote’s wealth can be attributed to the commencement of operations at his newly built petrochemical refinery in Ibeju-Lekki, Lagos, which is valued at over $20 billion. The refinery now produces petrol, diesel, and jet fuel, positioning Nigeria toward energy independence. This monumental industrial project is recognised as the largest single-train refinery
Refinery boost – Dangote now world’s 65th richest with $28bn net worth. Read More »
According to a revelation by a U.S. public radio station on Friday, October 11, internal records from TikTok show that the company was aware of its detrimental effects on the mental health of teenage users but limited its preventive actions to avoid a reduction in traffic. The data are part of a lawsuit against
Internal TikTok documents show prioritization of traffic over well-being Read More »
NordPass is running a special deal that you won’t want to miss this Prime Day weekend. This special offer is intended to assist you in safely and conveniently managing your passwords, making it a necessary tool if you are managing several online accounts. You’re not alone if you find yourself struggling to remember the numerous
NordPass Celebrates Prime Day with a Mind-Blowing 50% Off on The Password Manager Read More »
According to information released by the Central Bank of Nigeria (CBN), from September 6 to September 30, 2024, the CBN sold $543.5 million to authorised dealer banks on the Nigerian Foreign Exchange Market (NFEM). According to the bank, the goal of this intervention was to lessen market volatility brought on by the growing demand for
CBN sold $543.5m to stabilize FX market in September. Read More »
The much awaited release of Hamster Kombat has left thousands of fans, including Nigerians, feeling deceived and misled, in a shocking turn of events that has rocked the country’s gaming scene. Nigerians and other players worldwide had been anticipating the launch of the Hamster Kombat coin for months, drawn by the prospect of large cash
Nigerians Cry Out As Hamster Kombat Disappoints Read More »
Oando Energy Resources Nigeria Limited has been encouraged by Bayelsa Governor Douye Diri to take over the obligations of the Nigerian Agip Oil Company (NAOC), which it just acquired. According to Diri, this would warm the tense ties between NAOC and the host communities. This was said by the governor on Friday in Yenagoa during
Gov Diri urges Oando to acquire Agip’s liabilities. Read More »
Abia State Governor, Alex Otti, has assured traders of adequate security measures, a business-friendly atmosphere, and a conducive environment to invest and conduct business in the state. This was revealed by his Special Advisor on Trade, Commerce, and Industry, Nwaka Inem, in a statement on Saturday. Otti stated that his government was prepared to build
Otti meets leaders of Oyingbo, Ladipo, Alaba markets, vows to boost business in Abia. Read More »
The Nigerian government anticipates that increased economic growth, the creation of jobs, and higher living standards for its people will come from their cooperation as both countries strive to carry out these accords. Following President Bola Tinubu’s diplomatic visit to China, Nigeria and China signed many historic accords that signalled a dramatic change in their
FULL LIST: Agreements Nigeria signed with China during Tinubu’s visit. Read More »