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Naira Strengthens to ₦1,590 Against the Dollar in Black Market, Breaking ₦1,600 Barrier
The Nigerian naira saw a significant boost on Wednesday, appreciating to ₦1,590 per dollar in…
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CBN Directs BDCs to Record Dollar Sales on Passports, Enforce Stricter Forex Rules
The Central Bank of Nigeria (CBN) has introduced new regulations for Bureau de Change (BDC)…
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Dangote Makes History As First African Exporter Of Jet Fuel
The Dangote Refinery, Africa’s largest oil processing facility, has exported two cargoes of jet fuel…
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Naira Closes Flat Across FX Markets Amid CBN’s Dollar Introduction
Naira remained stable across foreign exchange (FX) markets on Tuesday, supported by reduced demand and…
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IBM Exits Major African Markets, Hands Over African Operations To MIBB
IBM, the American technology giant, has announced the halting of its operations in Nigeria, Ghana,…
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Bento Faces Uncertain Future After Firing Its Tech Team Over Delayed Salary Protests
Bento, a payroll and HR management company, abruptly dismissed its 10-person tech team on Friday…
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Meet Go Time AI – Resilence17’s Venture For Funding AI Startups
Resilience17, formerly known as Berrywood, has unveiled Go Time AI, an accelerator dedicated to supporting…
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Court Orders Temporary Forfeiture of $222,729 in Digital Wallets to Nigerian Government
The Federal High Court in Ikoyi, Lagos, has issued an interim forfeiture order for digital…
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Bayelsa’s $3 Billion Deep Sea Port Project Gains Momentum
Plans for a transformative $3 billion deep sea port in Bayelsa State are rapidly taking…
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UAC of Nigeria Hits Decade-High Profit, Driven by Sausage Sales and Livestock Feeds
UAC of Nigeria Plc, one of the country’s leading conglomerates, achieved a remarkable financial milestone…