Nigeria’s naira recorded its biggest gain in two weeks, appreciating by 0.6% to 1,530 per dollar as of 11:15 a.m. in Lagos on Wednesday, according to Bloomberg-tracked BMAT spot trading. …
The Central Bank of Nigeria (CBN) has debunked a viral report claiming it has introduced N5,000 and N10,000 banknotes to facilitate cash transactions. The apex bank, in a statement released …
Lagos residents faced heavy traffic congestion on Wednesday following the unexpected closure of the Independence Bridge for repairs. The situation was worsened by an early morning downpour, leaving commuters stranded …
President Bola Tinubu has dissolved the board of the Nigerian National Petroleum Company (NNPC), including Group Chief Executive Officer Mele Kyari and board chairperson Pius Akinyelure. In a statement by …
The Nigeria Sovereign Investment Authority (NSIA) has recorded significant growth in its net assets for the 2024 financial year, nearly doubling despite global economic uncertainties. In a statement signed by …
The Livestock Productivity and Resilience Support Project (L-PRES) is set to establish and equip 20 model veterinary hospitals across Nigeria’s geopolitical zones with $500 million in funding to improve the …
CRANEBURG Construction Company, the consultants for the Abia airport project, has assured that skilled and unskilled workers from the host community, Nsulu in Isialangwa North Local Government Area, will be …
Raenest, a global multi-currency accounts platform, has raised $11 million in Series A funding to expand its operations in Kenya and Nigeria, as well as to enter new markets in …
cross Africa, a new phase of agriculture is taking shape, driven by the rapid emergence of Artificial Intelligence (AI) and digital solutions. With food security becoming an urgent issue amid …
Africa’s energy sector is drawing attention from powerful global players, with Russia positioning itself as a key partner. The continent, rich in oil, gas, and other natural resources, stands at …