Naira holds firm as dollar trades near ₦1,361/$
The naira maintained a relatively stable performance against the United States dollar at both the official and parallel foreign exchange markets, as…
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Beyoncé, Rihanna join Forbes billionaires self-made list
Beyoncé and Rihanna have both secured positions on Forbes 11th annual list of America’s Richest Self-Made Women, joining the ranks of the…
Naira trades at ₦1,373/$ at official FX market
The naira traded within a relatively stable range against the United States dollar on Thursday, June 4, 2026, as the gap between…
Banks earn ₦209bn from account maintenance charges
Nigerian banks generated a combined N209.18bn from account maintenance charges in the first quarter of 2026, representing a 14.07 per cent increase…
Cocoa price volatility threatens Africa’s farmers, group warns
The Cocoa and Coffee Farmers Alliance Association of Africa has identified persistent market volatility as one of the greatest obstacles to the…
Global AI usage to consume more electricity than Nigeria, two others — UN
Global data centres are projected to consume almost three times the annual electricity used by Nigeria, Pakistan and Bangladesh combined by 2030,…
Gunmen abduct ex-power minister’s sister, twin children in Ibadan
The younger sister of former Minister of Power and All Progressives Congress governorship aspirant in Oyo State, Adebayo Adelabu, along with her…
Naira strengthens against dollar in official, parallel FX markets
The naira recorded further gains against the United States dollar on Tuesday, appreciating in both the parallel market and the official foreign…
DisCos generate nearly ₦600bn revenue in Q1 despite power shortages
Electricity Distribution Companies in Nigeria generated approximately N600bn in revenue during the first quarter of 2026, according to the latest industry data…
Private sector rejects pressure to match proposed ₦100,000 minimum wage
Members of the organised private sector have warned against expecting private sector employers to automatically adopt a N100,000 minimum wage, despite moves…
Anambra signs four electricity laws to boost supply
The Anambra State Electricity Regulatory Commission has announced that four new regulatory bills have been signed into law as part of efforts…
US to cut Africa visa processing centres to 20
The United States Department of State has announced plans to significantly reduce the number of diplomatic missions in Africa that process visa…