Naira falls to N1,436.58 as CBN intervenes with $50m
The Nigerian naira depreciated by ₦15 against the US dollar amid global tensions and CBN's $50 million intervention. Discover the market impact and expert outlook.
Category : Business
Nigeria Tops Africa in Currency Volatility
Olisa Agbakoba reveals Nigeria's naira has one of Africa's worst currency performances with 40% depreciation in 2024. He proposes three reforms to unlock 1.5 quadrillion naira in economic value.
Glo's N1m Monthly Giveaway: N100 Daily Entry
Globacom introduces Take a Guess trivia game offering subscribers chance to win N10,000 daily, N100,000 weekly and N1 million monthly. Dial 209992# to participate.
Kwara Tax Quiz Sets Record, State Fiscal Reforms Hailed
Shepherd School wins historic ₦2.5m prize in KW-IRS quiz. Governor AbdulRazaq's education investments and Kwara's top-3 fiscal ranking celebrated. Read more on this landmark achievement.
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Port Harcourt Customs Collects ₦33.7bn, a 272% Surge
Nigeria Customs Service's Port Harcourt Area I Command reports a historic ₦33.7bn revenue for October 2025, a 272% increase. This boosts Nigeria's non-oil revenue drive. Read more on this fiscal milestone.
NGX Sinks Below 150,000 Points, Loses ₦2.81 Trillion
Nigeria's equities market suffered a sharp weekly decline, with the All-Share Index falling 2.99% to 149,524.81 points. Discover the top winners and losers.
Nigeria Among Africa's Most Over-Taxed Aviation Markets
United Nigeria Airlines Chairman reveals Nigeria's high aviation taxes make fares expensive, as airline launches Accra routes to boost West African connectivity.
NEPC Aims for $3.7bn via Youth Outsourcing Training
Nigerian Export Promotion Council trains youths for global outsourcing market, targeting $292m monthly and $3.7bn annual revenue. Join the digital economy revolution!
11 Best Investment Apps in Nigeria for 2025
Discover the top government-approved investment apps in Nigeria including Cowrywise, PiggyVest, and 9 others. Learn how to grow your wealth safely with these fintech platforms.
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Dangote Reduces Petrol Price by N49 as Stations Adjust
Nigerian motorists enjoy fuel price relief as Dangote Refinery slashes ex-depot cost by N49. Multiple stations including NNPC now sell below N900/litre. Discover the latest market developments.
Dangote Refinery Petrol Price Beats Import Costs
S&P Global reveals Dangote Refinery's petrol sells for N877/litre, below import prices. Nigeria's fuel imports drop from 500,000 to under 200,000 bpd since 2023. Read market analysis.
Eko DisCo Free Prepaid Meters: Phase 2 Until Dec 2025
Eko Electricity Distribution Company launches second phase of free prepaid meter installation across Lagos and Ogun. No fees for installation, processing or registration. Apply now through official portal!
Nigerian student pays N1.6m rent, fixes damaged walls
A Nigerian student's viral TikTok reveals her N1.6m rent struggle in Lagos after discovering damaged walls. Discover how she managed repairs and netizens' reactions.
Shettima: Nigeria to Drive Africa's Climate Action
Vice President Shettima returns from COP30 in Brazil, declaring Nigeria's commitment to champion climate solutions and mobilize finance for Africa. Read more on Nigeria's climate leadership.
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Omokri Reveals 12 Lessons From Nigeria's Billionaires
Reno Omokri shares powerful insights from time spent with Aliko Dangote, Mike Adenuga and Tony Elumelu. Discover how true wealth differs from mere riches.
Komolafe Receives Global Sustainable Leadership Award in UK
NUPRC boss Gbenga Komolafe wins Global Sustainable Leadership Award at House of Lords for driving Nigeria's energy reforms. Read about Nigeria's rising global influence.
Rivers Assembly Probes Oil Spill Neglect in Community
Rivers State House of Assembly investigates Renaissance Africa Energy over alleged neglect of oil spill that devastated B-Dere community. Lawmakers demand cleanup and compensation.
Nigerians Question FG's Guinness Record Attempt Priority
Nigerians criticize government's plan for 3.6km dining table Guinness World Record amid invasion threats and security concerns. Is this the right priority now?
Ibadan's Bodija Estate Residents Plead for Power Solution
Residents of Nigeria's oldest planned estate in Ibadan appeal to Power Minister for urgent transformer installation to end 5-year electricity crisis affecting daily life and businesses.
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Lagos Reopens Planning Permit Amnesty Window
Lagos State offers property owners a final chance to regularise buildings without penalties. Amnesty runs from Nov 1 to Dec 31, 2025. Apply now to avoid legal issues.
Soludo Removed Arabic Texts from Naira Notes - Fact
Fact check confirms Governor Charles Soludo removed Arabic inscriptions from naira notes as CBN Governor in 2007. Details emerge as Anambra votes.
7 Nigerian Banks Pay N674bn Tax in 6 Months
Seven major Nigerian banks paid N674.68 billion in taxes during H1 2025, a 14.69% increase. Ecobank and GTCO emerged as top contributors. Discover the breakdown and what it means for Nigeria's economy.
UPS grounds MD-11 fleet after fatal Kentucky crash
UPS halts all MD-11 cargo flights following a deadly crash in Louisville. The incident, which killed 14, prompts a major safety review. Read the full details.
Dangote Refinery Slashes Petrol Price to ₦828 per Litre
Dangote Refinery reduces petrol depot price to ₦828 per litre, offering relief to Nigerians despite rising global crude costs. Diesel prices remain high at ₦950.
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Renewable Energy: Nigeria's New Oil - Expert
Patrick Ilo declares renewable energy as Nigeria's new oil with better returns than petroleum. Gennex Technologies has trained 1,500 engineers and plans lithium battery production. Join the clean energy revolution today!
Traxis Magazine Boosts Indigenous Nigerian Entrepreneurs
Ijeoma Okonkwo's Traxis Magazine empowers Nigerian entrepreneurs by showcasing indigenous brands globally. Discover how women lead innovation and economic growth.
COWAN Empowers Women Entrepreneurs in National Summit
Country Women Association of Nigeria launches inaugural National Entrepreneurship Summit to empower women entrepreneurs across 774 local councils. Join the movement driving national development.
AWIEF 2025 Empowers Women Entrepreneurs in Africa
African women entrepreneurs gained inspiration and practical skills at the 11th Africa Women Innovation and Entrepreneurship Forum in Cape Town. Discover how this event is breaking barriers for women in business across the continent.
COP30 Nations Propose Luxury Flight Tax on Elite
France, Spain and Kenya lead coalition at COP30 summit pushing for new taxes on business class, first class and private jets to make wealthy pay fair share for climate impact. Read more.
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CBN Cuts Customs Rate to N1,421/$
The Central Bank of Nigeria has reduced the customs exchange rate to N1,421.23/$, lowering import costs. This reflects the Naira's ongoing appreciation in the forex markets.
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