With its limited involvement in the foreign exchange market, the Central Bank of Nigeria (CBN) has…
Monthly Archives
April 2024
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Business And Money
Nigerian naira remains strong in the official forex market
by samsunblogby samsunblogIn the official foreign exchange (FX) market, the Nigerian naira has appreciated by 0.56 percent versus…
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Business And Money
NNPC owes oil marketers $3Bn in unpaid subsidy arrears
by samsunblogby samsunblogAccording to reports, oil marketers are owed $3 billion by Nigeria National Petroleum Company (NNPC) Limited…
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Business And Money
Use of Artificial Intelligence: Nigeria to enact new legislation
by samsunblogby samsunblogAs the Federal Government formulates a policy to oversee the use of artificial intelligence (AI), Nigeria…
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Business And Money
Nigerian vessel owners seek international alliance for growth
by samsunblogby samsunblogIn order to make the purchase of new Nigerian vessel easier, foreign shipowners and Nigeria’s Indigenous…
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Business And Money
Naira abusers will be arrested and prosecuted, EFCC states
by samsunblogby samsunblogThe Economic and Financial Crimes Commission (EFCC), which declared that its task force against naira abusers…
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Business And Money
Oil trade: Nigeria struggles to find buyers at the world market
by samsunblogby samsunblogNigeria’s oil trade business is having difficulties as a result of concerns over export earnings, decreased…
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Business And Money
Nigerian banks enter a mission to raise fresh capital
by samsunblogby samsunblogMajor Nigerian banks, such as Zenith Bank Plc, Access Bank, FBN Holdings, and Guaranty Trust Holding…
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Business And Money
Internet coverage in Nigeria is difficult due to $461M investment gap
by samsunblogby samsunblogWith 92.19 million subscribers, Nigeria’s internet coverage dropped to 42.53 percent in January, a stark contrast…
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Business And Money
Mexico announce immediate breaking of ties with Ecuador
by samsunblogby samsunblogAfter police stormed its embassy in Quito and detained former vice president of Ecuador Jorge Glas,…