Category: featured

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...

Senate approves Tinubu’s N1.15trn domestic loan for 2025 deficit

The Senate has approved President Bola Tinubu’s request to borrow an additional N1.15 trillion from...

Pensioners threaten naked protest over unpaid N32,000 arrears

The Coalition of Federal Pensioners of Nigeria has threatened a nationwide naked protest on November...

Naira gains in parallel market, dips in official exchange

The Naira experienced mixed fortunes in the foreign exchange markets on Tuesday. In the parallel...