Naira appreciates slightly to N1,618/$ in parallel market
The naira recorded a marginal improvement on Tuesday, exchanging at N1,618 to the dollar in the parallel market, a slight rise from Monday’s rate of...
BREAKING: Nigeria Police declares Ihuoma Julia Nneji, daughter of ABC transport owner wanted
The Nigeria Police Force has declared wanted Ihuoma Julia Nneji, a daughter of the founder of the popular ABC Transport, Frank Nneji over alleged cyber...
CBEX platform shutdown leaves Nigerian women in financial ruin
A number of Nigerian women have reportedly suffered significant financial losses after the abrupt disappearance of CBEX, a digital investment platform that had promised unusually...
FG orders full scale implementation of Naira-for-Crude exchange policy
The Federal Executive Council has approved the immediate reactivation of the suspended Naira-for-Crude initiative with domestic oil refiners. This was made known in a post...
U.S. Trade office flags Nigeria’s import restrictions as barrier to American exports
The United States Trade Representative (USTR) has expressed concern over Nigeria’s ban on the importation of 25 categories of goods, stating that the policy restricts...
Global markets plunge as trade war escalates, China retaliates against US Tariffs
European markets have slumped further after China imposed retaliatory tariffs on US goods, escalating the trade war sparked by President Donald. Trump’s sweeping new tariffs....
US Envoy announces progress on DR Congo minerals deal amid ongoing conflict
The US and the Democratic Republic of Congo are making headway on a minerals deal, according to US senior adviser for Africa, Massad Boulos. After...
How Jeans, Diamonds led to Lesotho’s spot on Trump’s tariff list
Lesotho has been subjected to some of the highest tariff rates in a list unveiled by US President Donald Trump on Wednesday. The country now...