Browsing: Business & Economy

The official exchange rate between the naira and the US dollar on Wednesday, February 28th, 2024, appreciated slightly by 0.4% to N1609.51 per US dollar as…

Binance, a widely used crypt exchange with over 170 million users worldwide disabled its peer-to-peer feature for Nigerian users. Known as the P2P market, the network…

The International Air Transport Association (IATA) has stated that the African region has not recorded fatal air travel accidents in 3 years as highlighted by the…

Social media platform, Telegram, has announced plans to launch its ad platform in March 2024 to allow channel owners to receive financial rewards.  Telegram CEO and…

On Wednesday, the Lagos State Government took decisive action by closing down a Jumia outlet located on Herbert Macaulay Way in Yaba, citing violations of environmental…

The Minister of Steel Development, Shuaibu Audu, has stated that reviving the Ajaokuta steel mill will cost something in the range of $2 billion to $5…

The International Labour Organization (ILO) has released a study to identify whether developing countries have the potential to achieve the same level of economic success and…

Nigeria’s stock market, the Nigerian Exchange Group (NGX), experienced a significant sell-off on Wednesday, with investors witnessing a 1.27% decline in the benchmark All-Share Index. This…

The Olayemi Cardoso-led Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) raised the main interest rate by 400 basis points on Tuesday to…

The cryptoverse was recently abuzz with excitement following the launch of the Kelexo Presale. However, can it be said that the excitement has continued or instead…