West Africa business news from Nigeria, Ghana, Côte d’Ivoire, Senegal and the wider ECOWAS region.
Those in need of the United States Dollar in Nigeria for the completion of their transactions are already panicking as the value they convert their Naira to the foreign currency …
Nigeria Labour Congress (NLC) has opposed the proposal by the Nigeria Governors Forum(NGF) that the price of Premium Motor Spirit, popularly called petrol, be raised from N162/litre to N408.5/litre. The …
Nestle Nigeria and MTN Nigeria are among 25 companies that emerged winners at the NECA Employers’ Excellence Awards on Wednesday night. According to NAN, Nestle Nigeria won in the Food, …
Rescue operation still underway, says area manager of National Inland Waterways Authority The Nigerian government has declared 156 people missing in a boat mishap Wednesday in northwestern Kebbi state. Yusuf …
322 people diagnosed with cholera in various parts of Bauchi state, says health official A cholera outbreak in northern Nigeria has claimed 20 lives, a health official said. Aliyu Maigoro, …
The Naira depreciated against a basket of foreign currencies, the US Dollar, Pound Sterling and Euro, at the unregulated segment of the foreign exchange (FX) market on Tuesday, May 25. …
Central Bank of Nigeria (CBN) has debited commercial and merchant banks in the country a total of N120.2 billion for failing to live up to the cash reserve requirement (CRR) …
It was a not so good day for the Nigeria currency at the black market on Monday as it depreciated by N1 against the United States Dollar to sell at …
API fintech startup, Mono, has announced a raise of $2 million in seed funding to power the internet economy in Africa. The investment comes nine months after the company raised …
Last week, the All-Share Index (ASI) and market capitalisation of the Nigerian Exchange (NGX) Limited depreciated by 2.93 per cent to 38,324.07 points and N19.975 trillion respectively. Similarly, all other …
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