3931 articles published since 22 Jul 2013
The naira has appreciated against the dollar in the official foreign exchange market on Thursday, May 8, 2025, trading at N1,608 per dollar from N1,612.
The general interest rate in commercial banks has made loans prohibitive for small businesses seeking to scale. Lagos state is solving this problem.
Among the latest beneficiaries are the University of Abuja where a 3.3MW solar farm has been set up with 6,000 panels to provide round-the-clock electricity supply.
The Nigerian currency, the naira, has continued its downward spiral against the dollar, depreciating to N1,612 as of Wednesday, May 7, 2025, amid slow FX inflows,
The naira has crashed to its lowest in May at N1,609 to the dollar as volatility returned to the Nigerian foreign exchange market and is firm in the black market.
Cascador has partnered Sterling Bank to launch a $2 million fund to support mid-stage entrepreneurs in several sectors, including logistics, healthcare, and others.
Nigeria is set to establish direct air routes with South America and boost economic and diplomatic relations. A delegation from Nigeria is discussing the details.
The price war between Dangote Refinery and the petrol importers in Nigeria has now reached a stalemate. With the rise in landing costs, a clear winner has emerged.
CBEX has finally explained what happened to investors' funds and provided a new date investors can withdraw 50% of their funds. But, there are conditions to be met.
Nkem Ikeke
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