Banks offload $3.3 billion amid the Central Bank’s efforts to counter a recent decline in the value of the naira
The naira experienced a fresh decline in both the official and parallel foreign exchange markets on Friday.
The national currency dropped to N1,670/$ at the...
Lagos airport runway reopens after undergoing 11 months of repairs
The Federal Airports Authority of Nigeria has officially reopened the 3.9km Runway 18R/36L at the Murtala Muhammed International Airport, Lagos, following nearly 11 months...
CBN divides a $134 million bank transfer to prevent any infractions, according to the AuGF report
The recent Auditor General of the Federation report reveals that the Central Bank of Nigeria, during the previous administration, divided a $134 million transfer...
The equity market continues its upward momentum, registering a significant gain of N329 billion
The Nigerian stock exchange continued its positive trading trend, marking a second consecutive day of gains, with an impressive N329bn increase.
The All-Share Index and...
Kaduna DisCo raises employee wages despite grappling with a N110 billion debt
The Kaduna Electricity Distribution Company has declared a 10% salary hike for its employees, despite grappling with a N110bn debt and other challenges.
The Nigerian...
