By Sodiq Adelakun The exchange rate between the dollar and naira closed at N741.5/$1 at the official investor and exporter window on Monday, July 3rd, 2023. The forex market opened at N760.39/$1 and sold for an intra-day high of N792/$1…
The Nigerian Police Force and Kaduna Hisbah Force have declared one Mr Nurudeen Idris and Mr Ahmed Abiodun wanted for allegedly taking part in homosexual acts contrary to the Federal Government of Nigeria’s same-sex marriage prohibition Act 2013, which was…
The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has solicited the support of stakeholders to ensure that the Micro, Small and Medium Enterprises (MSMEs) sector becomes more competitive. The Director-General of SMEDAN, Dr Olawale Fasanya, gave the advice…
By Seun Ibiyemi TAJBank Limited, Nigeria’s fast-growing non-interest bank, has set a new record in the Nigerian banking system with the payment of dividends to its shareholders within three years of its operations. According to a statement by Isiaku Gwamna,…
The National Bureau of Statistics (NBS) says prices of food items such as tomatoes, rice, and yams witnessed increases in May. It made the declaration in its Selected Food Prices Watch Report for May issued in Abuja on Tuesday. The…
Nigeria has caught up with Angola in the drilling of crude oil, as both nations are now the biggest crude oil drilling markets in Africa, data from the June 2023 Offshore Rigs Tracker, released on Monday by Hawilti and the…
By Akinyemi Precious The Nigerian National Petroleum Company Limited has its announced plans to install charging ports across its filling stations nationwide to charge electric vehicles, as part of moves to reduce carbon emission. The company would also be investing…
…To employ over 500 Nigeria engineers nationwide By Akinyemi Precious ZINOX Technologies Limited, one of Africa’s leading integrated technology group, has revealed its plan to invest over $250,000,000. This decision has been made after years of research, test running of…
The resumption of the 10th National Assembly yesterday (Tuesday) is coming when the country is confronted with alots of challenges from the fuel subsidy removal, skyrocketed inflation, instability in dollars/Naira exchange rates, Insecurity and poor Infrastructural Sector. With the birth…
By Philemon Adedeji The Chief Executive Officer, Nigerian Exchange Limited (NGX), Temi Popoola has expressed optimism around the recent policies by the Federal Government since the inauguration of President Bola Tinubu, saying that investors are responding positively with bullish sentiments…
