The federal government scrapped the policy on indigenous language instruction and declared English the medium of instruction across all education levels.
Standard Chartered Bank Nigeria has announced the closure of several branches in the country from January 2026, as part of its digital transformation strategy.
CrediCorp is set to kick off the disbursement of President Bola Ahmed Tinubu’s consumer credit scheme to economically active Nigerians nationwide.
The naira has adjusted against the US dollar, with new exchange rates impacting the currency, while Dangote Refinery offers fresh hope to Nigerians.
The Nigerian currency has appreciated against the US dollar in both the official and unofficial foreign exchange markets as the CBN pauses forex sales.
According to CBN data, as of August 31, 2024, the local currency closed at N2,105/£ compared to the starting amount of N2,050/£ at the beginning of the month.
The Nigerian currency has depreciated further against the United States dollar in the unofficial market as the market awaits the CBN interventions.
Mike Adenuga has experienced a gain in wealth of over $500 billion in only a single year, which sets him apart from most of the country's billionaires.
The Nigerian currency has depreciated again against the US dollar, pound, and euro ending August with N28.56 loss despite the CBN's recent interventions.
According to the Bloomberg Billionaire Index, Africa's richest have experienced a significant drop in net worth this year, with Dangote being the most affected
The list of the world’s richest men has changed again, with Elon Musk leading the pack, while Aliko Dangote has lost his crown as the richest man in Africa.
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