News Update
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Why are food prices still rising despite the naira strengthening against the dollar?
The National Bureau of Statistics (NBS), which provides official data for Nigeria, has released the inflation figures for March 2024,…
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How Nigeria is depleting its dollar reserves to boost naira
In recent weeks, Nigeria has witnessed a remarkable turnaround in its currency dynamics, with the naira rebounding from record lows…
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Bito POS and Bill Payments Review
Are you seeking a reliable payment infrastructure for bill payments across Africa? Look no further than Bito.ng. Bito is more…
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Unveiling the Presidential Conditional Grant Scheme (PCGS): Empowering Nano Businesses in Nigeria
In a bid to bolster the entrepreneurial landscape and foster economic growth, the Federal Government of Nigeria proudly introduces the…
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Brent Surges to $87.92 as OPEC Output Dip from Nigeria, Iraq
Brent crude surged to $87.92 per barrel following reports that crude oil output dipped in key OPEC members Nigeria and…
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Alpha Shop Review: How I Made 900,000 Naira in One Day
Alpha Shop is an online marketplace that allows sellers and buyers to transact via escrow. The buyer simply place their…
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Nigerian Government Demands $10 billion in Damages from Binance, Alleging Forex Manipulation
In a bold move aimed at addressing Nigeria’s ongoing forex crisis, the Federal Government has levied a staggering $10 billion…
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MTN Nigeria incurs $500 million in forex losses, shareholders funds wiped out
The recent financial disclosures by MTN Nigeria Plc paint a stark picture of the economic challenges gripping the nation. The…
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Is it possible for the government to return fuel subsidy? Peg exchange rate to N600/$
A lot of Nigerians have wondered about the possibility of the government reinstating the fuel subsidy to N400/litre and pegging…
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Understanding CBN’s MPR Increase and Its Impact on Banking Dynamics
The recent adjustment in the Monetary Policy Rate (MPR) by the Central Bank of Nigeria (CBN) has left many wondering…
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