Browsing: Business & Economy

Forex turnover dropped by 56.17% to $203 million  as the Nigerian naira gained against the dollar marginally on Wednesday, February 7th, 2024 at the official market.  Conversely, the exchange…

Forex turnover dropped by 56.17% to $203 as the Nigerian naira gained against the dollar marginally on Wednesday, February 7th, 2024 at the official market.  Conversely, the exchange rate deteriorated…

Disney+ experienced a decline of 1.3 million subscribers in the final quarter of 2023 following a substantial price increase introduced in the fall. Despite the loss…

Despite challenges surrounding their mode of operations, especially concerning debt recovery, loan apps or digital money lenders continue to play significant roles in the informal sector…

Data released by the Nigeria Inter-Bank Settlement Systems (NIBSS) has revealed that licensed mobile money operators including Opay, Palmpay, and 15 others processed transactions valued at…

The Nigerian Federal Government has set its sights on a significant revenue boost from the oil sector in 2024, aiming for a staggering 214% increase in…

The Niger State Government has approved the immediate recruitment of 1,000 health workers in enhancing the healthcare services. Simultaneously, the government has sanctioned the automatic replacement…

The Economic and Financial Crimes Commission (EFCC) has set up a task force to enforce extant laws against currency mutilation and dollarization of the economy. This…

Temitope Fadeshemi, the Permanent Secretary at Nigeria’s Federal Ministry of Agriculture and Food Security, has reported that a staggering 88.4 million Nigerians are currently grappling with…

The Managing Director of Shell Petroleum Development Company of Nigeria, Osagie Okunbor, has highlighted a significant financial challenge confronting gas producers in the country. Representing the…