Renowned industrialist Aliko Dangote has been appointed the inaugural Chairman of the ECOWAS Business Council (EBC),…
Category: Business
Naira Falls Further Against Dollar in Both Official and Parallel Markets
The Nigerian currency, the Naira, has registered further depreciation against the US dollar across both official…
Price Cut Drives Nigerians Toward More Affordable Fuel at NNPCL and Other Stations
A fresh wave of fuel price reductions across several retail outlets has led many Nigerians to…
Nigeria’s Foreign Reserves Climb to Highest Level in Six Years
Nigeria’s external reserves have reached their highest point in six years, marking a significant boost for…
BREAKING: CBN Maintains Benchmark Interest Rate at 27%
The Central Bank of Nigeria (CBN) has announced that it will maintain the country’s benchmark interest…
Naira Suffers Significant Weekly Decline in Value Against the US Dollar
The Nigerian naira experienced a sharp decline in value over the past week, deepening concerns among…
Consecutive Depreciation: Naira Weakens Again Against Dollar
The Nigerian naira has continued its downward trend against the US dollar, marking the second consecutive…
Dangote Group Reveals Drivers Earn Four Times Minimum Wage, Outpacing College Graduates
In an unprecedented industry announcement, the Dangote Group disclosed that drivers in its fledgling “Dangote Logistics…
BREAKING: Nigeria Achieves Fifth Consecutive Fall in Inflation as Food Prices Slide
The Central Bank of Nigeria (CBN) announced today that the country’s inflation rate has dropped for…
Nigeria’s Debt Crisis: Why Reckless Borrowing Must Be Stopped – Abbas
In the early months of 2025, Nigeria’s public debt had quietly climbed to a staggering $400 billion,…