Custodians of Truth
Despite growing shortages of foreign exchange in the nation, the number of Nigerian students enrolled in US universities increased to 17,640 during the 2022–2023 school year. Statistics from the new Open Doors Report, released by the Washington-based Institute of International […]
When contemplating the wealthiest countries in Africa, one might conjure images of Mali’s gold mines or Egypt’s iconic pyramids. However, breaking away from common Western misconceptions about the continent’s economic landscape reveals a different reality. Many African nations were prosperous […]
Moniepoint has won the 2023 Brandcom Award for most outstanding microfinance bank in consumer engagement and most outstanding fintech firm in financial inclusion, in recognition of its contributions to the Nigerian financial services industry. The company released a statement announcing […]
Minister of Information and Communication Mohammed Idris claims that the Saudi Arabian government has committed to funding the renovation of Nigeria’s refineries. Of the three refineries in Nigeria, none are now in operation. Even though it was put into service […]
Women’s International Shipping and Trading Association (WISTA) Nigeria proudly extends an invitation to maritime stakeholders, industry experts, and members for its much-anticipated Annual Business Luncheon 2023. This year, the event promises to be a sea of knowledge, exploration, and networking […]
On Thursday, the naira closed at N996.75/$ on the Investor & Exporter FX window, despite recent actions by the Central Bank of Nigeria to fortify the foreign exchange market. It concluded trading on Wednesday at N874.71/$, a 13.95 percent decrease. […]
Once more assuring citizens that there are enough naira notes in the nation, the Central Bank of Nigeria (CBN) has issued a warning against panic withdrawals. Both old and new naira notes are still legal cash, the apex bank reaffirmed […]
The International Organisation of Vine and Wine (OIV) said on Tuesday that the amount of wine produced worldwide has decreased to its lowest point since 1961 as a result of vineyards being severely damaged by harsh weather. As it released […]
On Monday, naira plunged against dollar, shedding the strength it had gained the previous week and hitting an average of 1,030/$ on the parallel market. In relation to the N950 it ended the week at last Friday, this indicates a […]
Liquefied petroleum gas, commonly referred to as cooking gas, is in short supply in Lagos and several other Nigerian states. Findings indicate that Katsina, Sokoto, Delta, Kaduna, and Kano are the other affected states. According to information obtained by The […]