News
Analysts Predict Decline in July 2024 Inflation Rate Amid Government Measures
In anticipation of the Bureau of Statistics' results for the July 2024 inflation rate, analysts predict a decrease....
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United Bank of Africa Chairperson Urges Government to Tackle Persistent Oil Theft in Nigeria
In a recent interview with the Financial Times, Tony Elumelu, Chairperson of United Bank of Africa, addressed the...
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Nigerian Army Crushes Major Gun-Running Syndicate, Foils Multiple Kidnapping Plots
Taking a look at multiple operations, the Nigerian Army made significant advances in the fight against terrorism and kidnapping in...
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Tinubu Orders NNPCL to Supply Crude Oil to Dangote Refinery in Naira
Nigerian President Bola Tinubu has mandated the Nigerian National Petroleum Company Limited (NNPCL) to sell crude oil to the Dangote...
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PSHAN and WHO Join Forces to Revolutionize Primary Healthcare in Nigeria
The Private Sector Health Alliance of Nigeria (PSHAN) and the World Health Organization (WHO) have signed a partnership agreement for...
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Mercury’s Exit: Leatherback Offers Alternative for African Startups
Silicon Valley Bank in March 2023 folded and this made Mercury, a San Francisco digital bank, the preferred banking partner...
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CBN Approves FX Sales to BDCs Amid Naira Volatility
To mitigate the impact of foreign exchange volatility, the Central Bank of Nigeria (CBN) has authorized the sale of foreign...
Read moreDetailsParallel Market Dollar Rate Hits N1600/$1 Amidst Economic Pressures
Thursday July 18, 2024, according to sources compiled by Team Spectra, parallel market operators are currently offering dollars at...
Read moreDetails“Customs Exchange Rate Reaches N1584/$1, Surpassing Official NAFEM Rate of N1581/$1 on July 17, 2024
Recently, the Nigerian Customs Service reviewed duties once more, setting rates slightly above the official closing rate at...
Read moreDetailsNigeria’s inflation rate now at 34.19%
Nigeria continues to grapple with persistent challenges, prominently highlighted by the escalating inflation rates. As of June 2024, inflation surged...
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