Category: featured

Dangote denies import duty influenced 5.6% petrol price cut

The Dangote Petroleum Refinery has officially debunked reports suggesting that recent reductions in petrol pump...

British pound trades high, official rate nears ₦1,900

The British pound is trading for approximately ₦1,880 to ₦1,900 in Nigeria’s formal foreign exchange...

Naira official rate holds steady near ₦1,444 amid FX calm

The Nigerian naira traded largely steady on Monday, November 17, 2025. The official Daily Nigerian...

Tinubu to appoint new ambassadors after prolonged delay

President Bola Tinubu is reportedly set to appoint ambassadors to Nigeria’s foreign missions in major...

ICYMI: US embassy resumes full operations after govt shutdown

The United States Embassy and Consulate in Nigeria have fully resumed operations following the official...

Bitcoin sinks to six-month low

Bitcoin fell to a six-month low on Friday as a wider sell-off in risk assets...

Paystack suspends co-founder amid sexual misconduct allegations

Nigerian fintech Paystack has suspended its co-founder and Chief Technology Officer, Ezra Olubi, following allegations...

Nigeria moves to T+2 equities settlement cycle, says SEC

The Securities and Exchange Commission has confirmed that the Nigerian capital market will shift to...

Naira-dollar rate steady across official, parallel markets

The Nigerian Foreign Exchange Market saw the Naira trading relatively flat against the United States...

FG drops proposed 15% petrol import tariff — NMDPRA

The Nigerian Midstream and Downstream Petroleum Regulatory Authority announced on Thursday that it has abandoned...

Nigeria’s economy expands 11 month consecutively — Report

Nigeria’s economy expanded for the eleventh consecutive month as the Central Bank of Nigeria Purchasing...

Pound nears ₦1,900 mark amid narrowing FX divergence

The British pound traded at approximately ₦1,895 against the Nigerian naira in official markets on...