Naira Drops to N776.50 over Weak FX Supply
Naira Drops to N776.50 over Weak FX Supply The Nigerian local currency, the Naira, lost the fight against the dominant foreign currency, the United States (US) dollar at the investors’…
Nigerian Exchange Rises by N542bn over Sustain Rally
Nigerian Exchange Rises by N542bn over Sustain Rally Strong demand for growth, value stock in the Nigerian Exchange (NGX) lifted key performance indicators higher on Thursday, with a daily gain…
Nigerian T-Bills Yield Slumps to 7.07%
Nigerian T-Bills Yield Slumps to 7.07% With large exposure to inflation pressure, the average yield on the Nigerian Treasury bill bumped again as market participants intensified buying amidst a strong…
Naira Gains 6.01% as FX Pressure Declines
Naira Gains 6.1% as FX Pressure Declines The Nigerian local currency, the naira, traded at N741.64 per the United States (US) dollar at the Investors, and Exporters’ foreign exchange market…
Nigerian Breweries Denies Plan to Hike Price
Nigerian Breweries Denies Plan to Hike Price Nigerian Breweries Plc (NB) has denied the alleged plan to raise beer prices after the company announced a significant earnings loss in the…
Naira Devaluation Deepens Economic Crisis in Nigeria
Naira Devaluation Deepens Economic Crisis in Nigeria The Central Bank of Nigeria(CBN) recent naira devaluation has deepened the economic crisis in Africa’s largest economy by the size of its gross…
Pryce Yebesi quit college for crypto, now he’s raised $23M for his own company
23-year-old Pryce Adade Yebesi is the co-founder and the chief operating officer of Utopia Labs which recently received an impressive $23 million in funding, setting him apart as one of…
For the Record!TEXT OF THE NATIONAL BROADCAST BY PRESIDENT BOLA TINUBU TO NIGERIANS ON CURRENT ECONOMIC CHALLENGES
. AFTER DARKNESS COMES THE GLORIOUS DAWN My fellow citizens, I want to talk to you about our economy. It is important that you understand the reasons for the policy…
FULL TEXT: Tinubu Addresses Nigerians Over Economic Hardship
President Bola Ahmed Tinubu has addressed Nigerians in a national broadcast delivered at 7:30 pm today. In the address, the president defended his government’s decision to remove fuel subsidy and…
Tinubu To Address Nigerians 7pm Today
President Bola Tinubu will address Nigerians today (Monday) at 7pm, his spokesman, Dele Alake, has said. “Television, radio stations and other electronic media outlets are enjoined to hook up to…