EU pledged to support Nigeria in recovering its stolen assets abroad.

Nigerians are currently in a state of confusion and uncertainty as to whether the Central Bank of Nigeria’s deadline for...

Naira appreciates to N750/$ in the parallel market.

February 14, 2023

The exchange rate between the naira and the US dollar traded for an average of N750/$1 on Friday, 10 February...

POS transactions increased by 40% in January 2023.

The scarcity of the Naira in Nigeria, which is a result of the Central Bank’s redesign and cash withdrawal policy,...

NMDPRA to penalize fuel stations not accepting POS.

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says it will sanction fuel stations that reject the use of...

The NDIC promises to keep ensuring an effective deposit insurance system.

The Nigeria Deposit Insurance Corporation (NDIC) says it will keep ensuring an effective deposit insurance system by covering eligible deposits...

Strategies for growing a profitable business in Nigeria.

Most Nigerians are struggling to grow their businesses due to a lack of knowledge about the important steps necessary for...

Naira depreciates to N752/$ in the parallel market.

The exchange rate between the naira and the US dollar traded for an average of N752/$1 on Thursday, 9 February...

Flour Mill profit margins dropped to the lowest in eight years.

Due to rising input and finance costs, Flour Mills Nigeria Plc (FMN) reported its lowest profit margin in eight years,...

Disney sacks 7,000 employees worldwide.