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CBN breaks silence, speaks on Naira devaluation

The Central Bank of Nigeria has devalued the naira from N461.6 to N631 per dollar. The devaluation occurred 48 hours after President Bola Ahmed Tinubu...
Business

NASCON records 84% increase in profit

…shareholders commend dividend payment. NASCON Allied Industries Plc have recorded impressive growth in all performance indicators in the year ended December 31, 2022, with profit...
Business

NNPCL increases official fuel pump price

The Nigerian National Petroleum Company Limited (NNPCL) has raised petrol pump prices, also known as Premium Motor Spirit (PMS), from N195 to 537 per...
Business

Dangote to build sugar research centre at NSUK

The President/CE, Dangote Group, Alhaji Aliko Dangote, has promised to build the Aliko Dangote Sugar Research centre in the Nasarawa State University, Keffi (NSUK). This...
Business

Jumia to shift strategy for growth in 2023 – CEO

Mr Francis Dufay, the Chief Executive Officer (CEO), Jumia, a Pan-African e-commerce platform, says the company plans to shift strategy to enhance growth levels...
Business

7 ships with petroleum products, others await berth at Lagos port

The Nigerian Ports Authority (NPA) on Wednesday said that seven ships arrived at the Lagos Port Complex and were waiting to berth with petrol,...
Money Talks

Dollar to Naira Black Market Exchange Rate Today Aboki FX

Today’s Dollar to Naira Black Market Rate The Central Bank of Nigeria (CBN) has told people who want to buy or sell foreign currency to...
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