The Naira appreciated against the United States dollar in the official market on Friday, 28th February , 2025, trading at N1,492.49, reflecting the impact of ongoing...
MTN Nigeria recorded a post-tax loss of N400.44bn for the year ending December 31, 2024, as the sharp decline in the naira’s value led to substantial...
The Naira weakened to N1,495 per dollar in the parallel market on Thursday, falling from N1,490 per dollar the previous day. In the Nigerian Foreign Exchange...
Digital solutions provider, Globacom, has partnered with the Ministry of Communications, Innovation and Digital Economy to host the 2025 International Submarine Cable Resilience Summit in Abuja....
The Federal Government has announced its intention to review electricity tariffs to address pricing imbalances and foster greater investment in the energy sector. Minister of Power,...
Nigeria’s foreign exchange reserves have dropped by $2.2 billion as the Central Bank of Nigeria (CBN) continues its efforts to support the Naira and settle a...
The National Agency for Science and Engineering Infrastructure (NASENI) has announced that Nigeria’s first indigenously manufactured helicopter is almost ready for its maiden test flight. Kareem...
Dangote Petroleum Refinery has lowered the ex-depot price of Premium Motor Spirit (PMS), commonly known as petrol, by N65, bringing the cost down from N890 to...
Nigeria’s Gross Domestic Product (GDP) grew by 3.84% (year-on-year) in real terms during the fourth quarter of 2024, according to the latest report from the National...
The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has reiterated the Bank’s dedication to enhancing economic cooperation between Nigeria and the Kingdom...
