The naira weakened further on Tuesday, trading at ₦1,615 per dollar in the parallel market, down from ₦1,610 on Monday. In the official Nigerian Foreign Exchange Market (NFEM), the naira…
The Federal Government has announced that it will begin paying the outstanding N35,000 wage award arrears owed to federal civil servants. In a statement released on Monday by the Office…
Bitcoin focused investment firms are becoming major players in the global push for cryptocurrency adoption, as both companies and governments begin to recognize Bitcoin’s potential as a long-term financial asset.…
The Nigerian Maritime Administration and Safety Agency (NIMASA) and the Port Facility Security Officers Forum of Nigeria (PFSOFN) are working together to create a National Maritime Security Strategy aimed at…
A heavy rainstorm struck parts of Kwara State over the weekend, causing widespread damage to homes, infrastructure and public facilities. In Ilesha Baruba, Baruten Local Government Area, the storm left…
The price of a 50kg bag of rice has dropped to around N58,000 in parts of Nigeria, especially in remote and border areas, following an influx of rice imports from…
A heavy rainstorm struck parts of Kwara State over the weekend, causing widespread damage to homes, infrastructure and public facilities. In Ilesha Baruba, Baruten Local Government Area, the storm left…
The World Bank has projected that poverty levels in Nigeria will rise by 3.6 percentage points between 2022 and 2027. This was disclosed in the latest Africa Pulse report, released…
The International Monetary Fund (IMF) has advised Nigeria and other African nations to improve their tax systems by widening the tax base and tackling tax evasion. The call was made…
The Securities and Exchange Commission (SEC) has warned the public about the increasing threat of Ponzi schemes and other illegal investment platforms in Nigeria. According to the commission, these schemes…
