Business News

The Nigerian currency, the Naira, has experienced a significant decline in value, falling to ₦1,340 per dollar in the parallel market, a notable decrease from N1,300 per dollar just last...

The Chairman of the Nigeria Electricity Regulatory Commission, Sanusi Garba, on Thursday, said the Federal Government of Nigeria will need about N3.2trn in 2024 to reverse the recent hike in...

The Federal Competition and Consumer Protection Commission (FCCPC) has sealed 4U Supermarket formally known as Amigo Supermarket in Abuja over unethical conduct. According to reports the supermarket was sealed on...

The Dangote Petroleum Refinery, valued at $20 billion, has reduced the diesel price by 16.6% to N1,000 per litre from the previous N1,200 per litre to positively impact Nigeria's domestic...

The Federal Competition and Consumer Protection Commission (FCCPC) has announced measures to safeguard consumers amidst the ongoing increase in the prices of goods and services, despite the Naira's recent gain...

It was reported that the apex bank’s recent series of measures to halt the naira-free fall has continued to yield the desired results. The Central Bank of Nigeria (CBN), led...

The foreign exchange (FX) opened on Friday morning after the holidays with the Naira, Nigeria’s currency exchanging with the US dollar at N1,130 at the parallel market. This represents 0.88...