The exchange rate at the parallel market sees the Naira declining to N2,000 per 1£
Nigeria's local currency is presently surpassing the 2,000 naira mark against the Great Britain Pound in the parallel market, as confirmed by Malam Ibrahim,...
The influx of foreign capital into the banking industry experiences a decline, reaching $832 million, as per the report
In 2023, Nigeria's banking sector experienced a notable decline in foreign capital inflow, receiving approximately $832.64 million, marking a 60 percent decrease from the...
Sachet alcohol prohibition raises concerns among manufacturers about potential job losses totaling 5.5 million
The Distillers And Blenders Association Of Nigeria warns of significant consequences if the Federal Government maintains the recent ban on sachet and PET bottle...
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...
