The Nigerian Naira closed the week on a downward note, depreciating against the U.S. dollar to N1,602.18 at the official foreign exchange market on Friday, May...
Starting tomorrow, bank customers in Nigeria will now pay N6 for every SMS transaction alert, up from the previous N4. This increase follows a 50% hike...
Nigeria’s inflation rate has continued its upward spiral, hitting a new high of 24.23% in March 2025, according to fresh data released by the National Bureau...
The Dangote Refinery has reduced the ex-gantry loading price of diesel to N865 per litre—a N15 drop from the previous N880 per litre. The price adjustment...
Zenith Bank Plc has reported a remarkable 86% year-on-year (YoY) growth in gross earnings, reaching ₦3.97 trillion in 2024, up from ₦2.13 trillion in 2023. This...
Dangote Petroleum Refinery has announced a temporary suspension of the sale of petroleum products in naira, a decision communicated to petroleum marketers in a notice issued...
The National Bureau of Statistics (NBS) has reported a decline in Nigeria’s headline inflation rate, which fell from 24.48% in January 2025 to 23.18% in February...
The Nigerian Naira experienced its sharpest depreciation against the US dollar on Wednesday, falling to ₦1,500.8/$1 in the official market, according to data from the Central...
The Central Bank of Nigeria (CBN) has announced the appointment of 16 new directors across key departments in a significant move aimed at enhancing regulatory oversight...