Airtel Nigeria Witnesses Surge in Data Consumption and Revenue Growth Amid 4G Expansion.

Airtel Nigeria, a prominent telecom operator in the country, has reported a significant surge in data consumption on its network ...

CBN To Intervenes in Forex Market, Expects Volatility to Moderate Soon- CBN Governor

by Jide Omodele

September 13, 2023

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The Central Bank of Nigeria (CBN) has announced its intervention in the foreign exchange market, aiming to address the current ...

Nigeria’s Economy at Risk: UK’s Naira Deal Sparks Liability Concerns and Sky-High Interest Rates

Britain to add Nigeria’s naira to list of accepted trade currencies.

by Jide Omodele

September 13, 2023

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In a move signaling its commitment to bolstering trade ties with Nigeria, Britain's export finance agency has announced the inclusion ...

CBN Supplies $29.5 Million at FX Auction as Naira Depreciates at I&E Window.

by Jide Omodele

September 13, 2023

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The Central Bank of Nigeria (CBN) injected approximately $29.5 million into the foreign exchange (FX) market during the recent auction ...

NMDPRA Grants Licenses to New Oil Marketers, Breaking Monopoly of NNPC.

by Stephen Akudike

September 13, 2023

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Nigeria Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has announced the commencement of the licensing process for additional oil marketers, ...

SEC Collaborates with SON to Develop Export Standards for Nigerian Commodities.

by Rate Captain

June 7, 2023

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The Securities and Exchange Commission (SEC) has announced its partnership with the Standards Organisation of Nigeria (SON) to establish standards ...

Sinking Ship: Nigeria’s Fuel Subsidies Finally Cut after Spending $74.39 Billion, Leaving Citizens in Panic.

by Rate Captain

May 31, 2023

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The Nigeria Extractive Industries Transparency Initiative (NEITI) recently revealed that Nigeria has spent a staggering $74.39 billion on fuel subsidies ...

Tag: foreign exchange