Business & Economy

The Naira hits a historic low on the official exchange window, trading at 1348 against the US dollar

The Nigerian naira experienced a significant decline, hitting an unprecedented low of N1348.63/$ on the Nigerian Autonomous Foreign Exchange Market this Monday. This marks a...

Sanusi supports the Central Bank of Nigeria in its decision to relocate departments

The ex-Emir of Kano, Sanusi Lamido, strongly supports the Central Bank of Nigeria's decision to relocate certain departments from Abuja to Lagos, deeming it...

The Chairman of EKEDC advocates for increased investments in the power sector

Dr. Dere Otubu, Chairman of the Board of Directors at Eko Electricity Distribution Company, emphasized the need for increased investments in Nigeria's power sector...

NEITI has unveiled historical data, asserting its commitment to global transparency standards

The Extractive Industries Transparency Initiative (EITI), a global advocate for transparency in the oil and mining sectors, expressed concern on Friday over the outdated...

Billionaires exchange banter as Dangote welcomes Otedola to consider a corporate takeover

The President and Chief Executive of Dangote Industries Limited, Aliko Dangote, extended a warm welcome to his friend and billionaire businessman, Femi Otedola, encouraging...

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