Nigeria’s currency, the naira, has fallen to an all-time low of ₦1,448.20 per dollar at the official foreign exchange market,…
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Foreign Exchange Crisis Deepens as Nearly Half of Nigerian Manufacturers Lack Access to Official Market – MAN
The Manufacturers Association of Nigeria (MAN) has raised alarm over the worsening foreign exchange (FX) crisis, revealing that 49 percent…
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Fresh Controversy as FG’s ₦28bn Metering Bailout Stirs Old Ghost of ₦1.5trn Power Sector Debts
The Federal Government’s newly announced ₦28 billion bailout for Nigeria’s power metering program has reignited public scrutiny over the unaccounted…
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Air Travelers to Pay More as NCAA Introduces New $11.50 Levy on Every Ticket from December 1
Airfares across Nigeria are set to rise again as the Nigerian Civil Aviation Authority (NCAA) announced the introduction of a…
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Dangote Cement Records ₦743 Billion Profit Despite Decline in Sales Volume
Dangote Cement Plc, Africa’s largest cement producer, has reported a profit after tax of ₦743 billion for the nine-month period…
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Closing the Trust Deficit: Why Measuring Results Matters in Local Government
When Bolouboye Micah Eradiri speaks about public service, he doesn’t begin with budgets or politics he starts with trust. “The…
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PropTech Firm Unveils 0% Commission Platform to Disrupt Nigeria’s Expensive Rental Market
A new property technology (PropTech) company is shaking up Nigeria’s real estate sector with the launch of a 0% commission…
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UBA Partners Renewvia to Power 25 Branches with Solar Energy Systems
United Bank for Africa (UBA) has entered into a strategic partnership with Renewvia Energy Corporation to install solar power systems…
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Global Banks Retreat from Africa Amid Rising Costs and Economic Uncertainty
International banks are steadily pulling out of African markets, citing low profitability, regulatory challenges, and currency volatility as key reasons…
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Nigerian Breweries Records ₦86 Billion Profit Despite Third-Quarter Challenges
Nigeria’s largest beverage maker, Nigerian Breweries Plc, has reported a remarkable ₦86 billion profit for the financial year, defying a…
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