Naira Holds Firm Against Dollar in Both Official, Black Markets ‎The naira falls slightly by ₦2.33 against the US dollar at parallel market but appreciated at the official market on Tuesday, June 3, reflecting ongoing volatility in Nigeria’s foreign exchange landscape. ‎In the black market, currency...

The International Air Transport Association (IATA) has expressed concern over the high operating costs of airlines in Africa.

Naira Gains Against Dollar in Both Official, Black Markets ‎The naira appreciated by ₦15.33 against the US dollar across both the official and parallel markets on Monday, June 2, reflecting ongoing volatility in Nigeria’s foreign exchange landscape. ‎In the black market, currency traders in Abuja told...

Pantami Foundation Donates N66m, 162 Animals to Needy for Eid Celebration In a major philanthropic gesture to support the less privileged during the Eid-el-Kabir celebrations, the Professor Isa Pantami Foundation has donated 12 cows, 150 rams, and a total of N66 million in cash. The...

Renewed investor confidence, supported by strong macroeconomic fundamentals, propelled the Nigerian equities market to new heights last week, adding a substantial N1.7 trillion to its market capitalisation.

The cost of imported raw materials surged by 118 per cent to N6.64 trillion in 2024 alone due to the depreciation of the exchange rate, Manufacturers Association of Nigeria (MAN) has disclosed.