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See real naira rate as local currency is among top 10 worst performing currencies

According to Bloomberg, the naira is one of the world's ten most undervalued currenciesAfrica is home to five of the 10 currencies with the...
Business

OMG! See why many Nigerians can't afford healthy diet anymore

A data by the National Bureau of Statistics has revealed the price of a healthy diet, or CoHD, rose by 32% to N1,041 for...
Business

Dangote Cement dips, Airtel rises to become Nigeria’s most capitalised company

Airtel Africa Plc is now the most capitalised firm on the NGX, surpassing Dangote Cement Plc and thirteen other well-known corporationsAs of October 25,...
Business

List of African countries with highest petrol prices

African countries have to put up with increasing oil import prices as a result of OPEC regulationsAccording to OPEC estimates, government taxes are another...
Business

Revealed! Airfare increases again as Nigerians plan year end travels

In September 2024, the average passenger fee was N124,693.40, up from N79,013.48 in September 2023This indicates that the cost of domestic air travel increased...
Business

Exposed! FCCPC reveals cabals behind increase in rice, beans, other food prices

The FCCPC claimed that market cartels and transportation-related problems are to blame for the nation's rising food pricesThis is according to investigations conducted the...
Business

OMG! Nigeria is part of countries with highest food inflation in the world

The inflation of domestic food prices is still strong, according to a recent World Bank research.The rise of food prices across the country outpaced...
Business

EFCC to prosecute bank executive involved in money laundering

According to the Economic and Financial Crimes Commission, bank executives were complicit in the nation's money launderingThe commission’s chairman announced that bank executives involved...
Business

Revealed! FBN Holdings gets new Group Managing Director

Adebowale Oyedeji has been named the new Group Managing Director of FBN Holdings Plc, with effect from November 13This is contingent upon shareholder ratification...
Business

After Dangote suspends investment, Chinese company announces interest in Steel

Inner Galaxy Steel Company Limited, a Chinese business, plans to construct a new steel complex with an investment of $300 millionThe minister of steel...
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