Forex: BUA Cement Profits Fall By 31% In 2023

A front-runner in the Nigerian cement production sector, BUA Cement Plc, has disclosed its financial performance…

Exploring Investment Opportunities in Nigeria’s Emerging Tech Ecosystem

Nigeria's tech ecosystem is vibrant and full of potential. A populated country with a young and…

Forex Crisis: Binance Responds To Unusual Currency Fluctuations

Prominent crypto trading platform, Binance, has modified its trading procedures to counteract an abnormal currency fluctuation,…

Naira Crash: Former Presidential Aide Blames Crypto Exchange Platforms For Naira’s Misfortune

A former presidential aide, Bashir Ahmad, has blamed the naira's steady slip in the foreign exchange…

Economic Crisis: Many Nigerians Can No Longer Afford Beer – Nigerian Breweries CEO

The Chief Executive Officer of Nigerian Breweries Plc, Hans Essaadi, has stated that due to the…

Nigerian Economy Today: 10 Key Updates You Need to Know This Saturday Morning

The Nigerian economy continues to face multifaceted challenges and opportunities. Here’s a roundup of the latest…

Naira Weakens At Official Market, Banks Sell $584 Million

The Nigerian foreign exchange market witnessed a substantial increase in transaction volume, with the total value…

Naira Hits Record Low Of N1348.63/$ In Official Market, Parallel Rate At N1450/$

The Nigeria naira has plunged to an unprecedented low, reaching N1348.63 against the US dollar in…

CBN Injects $500 Million Into Forex Market, Vows To Clear Backlog

The Central Bank of Nigeria (CBN) has injected an additional $500 million into the market with…

Nigeria-Morrocco Gas Pipeline: FG, Morocco In Talks To Expedite Project

The Federal Government has stepped up talks with the Kingdom of Morocco to expedite the process…