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Naira hits record low of N955 as dollar scarcity worsens - On Friday, the Naira hit a new low of N955 to the dollar due to rising demand for the greenback ...

OPEC: Fossil Fuels Will Remain A Major Part Of The World's Energy Portfolio - Yesterday, OPEC, the Organisation of Petroleum Exporting Countries, predicted that fossil fuels would continue to account for ...

MAN reports 30 percent drop in cement sales due to naira redesign - Cement sales decreased by 30 percent during the peak of naira scarcity earlier this year, according to the ...

DSS arrests CBN finance director Fakunle - The Department of State Service (DSS) has apprehended and detained Benjamin Fakunle, the outgoing Finance Director for the Central Bank of Nigeria (CBN). It ...

Total Interest Income at Afreximbank Increases by 107.1% in H1'23 - Total interest income for the African Export-Import Bank (Afreximbank) increased by 107.1 percent, from $540.8 million in the first ...

Return of Profit Taking Drives NGX Index Down 0.06 Points, Led by Nestle and eTranzact - Due to increased profit-taking in the consumer goods sector, the Nigerian Exchange (NGX) Limited ...

Oil surging above $100 per barrel, but Nigeria is nowhere to be seen - Oil prices increased again on Friday, on track for a third weekly gain, although Nigeria, Africa's ...

UBA's performance in 5 key areas throughout first half-year: United Bank for Africa Plc (UBA), a leading Nigerian financial institution, just revealed its financial results for the first half of ...

We'll conduct thorough investigation into Mohbad's death, police have promised - Assistant Commissioner of Police (FPPRO) Muyiwa Adejobi has stated that the death of Ilerioluwa Oladimeji Aloba, also known as ...

Sales of electronic goods drops to seven-year low due to currency crunch - A recent report by a worldwide market research organisation predicts that as a result of the rising ...