Category: featured

Naira trades at ₦1,321/$ in official FX market

The naira is currently exchanging at approximately ₦1,321.37 to the United States dollar based on...

Petrol pump prices stay high despite sharp fall in depot rates

Fuel prices at filling stations across Nigeria remain stubbornly high even as depot prices have...

RMAFC woos Chinese investors to boost oil, gas revenue

The Revenue Mobilisation Allocation and Fiscal Commission has begun talks with major stakeholders as part...

CBN moves to prevent terrorism financing via banks

The Central Bank of Nigeria has strengthened its supervisory oversight of terrorism financing risks within...

Naira steady at ₦1,321/$ as parallel FX market gap widens

The exchange rate between the dollar and the naira continues to draw attention as Nigerians...

PremiumTrust Bank bags dual credit rating upgrades from Agusto, DataPro

PremiumTrust Bank has secured upgraded credit ratings from both Agusto & Co. and DataPro Limited,...

Experts urge FG to fix NELFUND loan recovery gaps

The Federal Government has been urged to urgently reinforce the repayment structure of the Nigeria...

Dangote Refinery IPO to give workers, traders opportunity to own shares

Dangote Industries Limited President, Aliko Dangote, on Monday signed the registration documents for the proposed...

Six Nigerian banks rank among Africa’s 20 biggest lenders

Six Nigerian banks have made the list of Africa’s 20 largest lenders by total assets,...

26 states still lean on FAAC despite revenue growth — Report

At least 26 state governments were unable to generate sufficient internal revenue to cover their...

Naira opens new week at ₦1,321/$ in official FX market

The naira opened the new trading week on a mixed note, exchanging at about N1,321.68...

Iran attacks US naval drone near Strait of Hormuz

Iran said Sunday that its forces attacked a United States naval drone attempting to enter...