The Nigerian currency, the naira, gained about N37 in the last 10 days, making dollar hoarding risky, as the Central Bank of Nigeria (CBN) continues to intervene.
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FG orders immediate release of ₦250bn loan to farmers, targets food security
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Apply now: Nigerian entrepreneurs can access ₦5m in DBN, Intermarc training scheme 2025
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Over 41,000 Nigerians to benefit as NDE expands Renewed Hope employment scheme
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Naira hits highest level in months at N1,497 per dollar, black market rates appreciate
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Food prices: Rice, beans, garri crash in markets as Tinubu gives order to FEC
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Bezos wedding festivities kick off in Venice
VIPs whizzed by speed boat through Venice Thursday as the three-day wedding party of Amazon tycoon Jeff Bezos and Lauren Sanchez kicked off and protesters demonstrated in St Mark's Square. Protesters, some wearing carnival masks, demonstrated in St Mark's Square, accusing authorities of pandering to the super rich while the city drowns under tourists.
FG confirms Afreximbank released $52 billion to Nigeria, lists projects executed with the funds
Vice President Kashim Shettima confirmed that Nigeria has received $52 billion intervention funds from the bank, and listed impactful projects executed with it.
Ex-NNPCL CFO denies being arrested by EFCC over $7.2 billion fraud investigation
The former NNPCL Chief Financial Officer, Alhaji Umar Isa, described the reports of his arrests as targeted at tarnishing his image. He explained what happened.
FG takes action to increase revenue as President Tinubu signs four tax bills into law
Once signed into law, the bill will consolidate Nigeria’s tax laws, repeal the FIRS, and create new national tax institutions and a tax ombudsman.
H&M sales fall in second quarter on stronger currency
Swedish fashion giant H&M on Thursday reported a drop in sales and profit in the second quarter, as currency effects weighed on the company's earnings. In its quarterly earnings report it said net sales were hit by "a currency translation effect of around six percentage points due to the strengthened Swedish krona."
Migrant money from Russia a lifeline for Central Asia
In a remote town in southern Kyrgyzstan, teacher Nur Akhmatov watched workers building a library, conference hall and women's sports centre -- construction mostly funded by Kyrgyz emigrants sending money home from Russia. A new sports centre is a particular source of pride for teacher Abazbek Abdinabiyev.
FG invites Nigerians to apply for N50k for their business, releases link
The federal government, through the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has announced a plan to disburse N50,000 to small businesses.
Amount salary earners will need to afford a car in 2025, and 2 ways to get it
The cost of owning a car in Nigeria is getting more expensive and for salary earners it will take years to save to meet up to the target amid naira depreciation
Global matcha 'obsession' drinks Japan tea farms dry
At a minimalist Los Angeles matcha bar, powdered Japanese tea is prepared with precision, despite a global shortage driven by the bright green drink's social media stardom. "In the past two or three years, the craze has intensified: customers now want to make matcha themselves, like they see on social media," he added.
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