Nigeria’s external reserves have risen to $41.046 billion, the highest in four years, driving further appreciation of the Naira in the parallel market. Data from the Central Bank of Nigeria,…
Category: Business
500 Ekiti Traders Get Non-Refundable Grants as First Lady Unveils RHI/Elumelu Initiative
The First Lady of the Federal Republic of Nigeria, Senator Oluremi Tinubu, has launched the Renewed Hope Initiative (RHI)/Tony Elumelu Foundation Women Economic Empowerment Programme in Ekiti State, with 500…
Naira appreciates to N1,545/$ in parallel market
The naira reportedly appreciated to N1,545 per dollar in the parallel market from N1,550 per dollar last weekend. Likewise, the Naira appreciated to N1,528.65 per dollar in the Nigerian Foreign…
EKSG TRAINS TRADE , COOPERATIVE OFFICERS FOR ENHANCED SERVICE DELIVERY IN DIGITAL AGE
The Ministry of Capacity Development and Training has organized a two-day capacity building workshop themed “Performance Enhancement in Cooperative, Trade & Investment Administration and Management in the Era of Digitization”…
Dangote refinery sets to commence petrol, diesel distribution nationwide
The Dangote Petroleum Refinery would begin nationwide distribution of Premium Motor Spirit and diesel from August 15, 2025. The company is deploying 4,000 brand-new Compressed Natural Gas-powered tankers to boost…
Boost as inflation drops to 22.97%
The National Bureau of Statistics (NBS) on Monday disclosed that Nigeria’s headline inflation rate has improved for a second straight month in May 2025, declining to 22.97 per cent year-on-year,…
Naira gains value to N1,585/$ in parallel market
The naira yesterday waxed strong to N1,585 per dollar in the parallel market from N1,590 per dollar last weekend. Likewise, the Naira appreciated to N1,543 per dollar in the Nigerian…
Breaking News: Don constructs First Symmetrical Triangular Base Pyramid in Ise Ekiti
In a groundbreaking development set to redefine architectural and tourism landscapes in Nigeria, Professor Philip Omoniyi Adetiloye is planting the nation’s first symmetrical or triangular-base pyramid and other futuristic and…
Nigeria Navy inaugurates new ships, inducts helicopters in fleet expansion
The Nigerian Navy at the weekend advanced its fleet with the introduction of three new Fast Patrol Boats (FPBs) and the induction of three advanced Augusta Westland AW109ST Trekker Helicopters.…
Sidi Ould Tah elected as 9th AfDB President
Mauritania’s Sidi Ould Tah has succeded Nigeria’s Akinwumi Adesina as the ninth president of the African Development Bank Group (AfDB) The AFDB election was announced on its website on Thursday.…