Investment

Naira Dollar Exchange Rate: MTN Suffered ₦925.4 Billion Foreign Exchange Loss in 2024

Naira Dollar Exchange Rate: MTN Suffered ₦925.4 Billion Foreign Exchange Loss in 2024

In its recently released 2024 full-year earnings, MTN Nigeria Communications Plc reported a staggering ₦925.4 billion in foreign exchange losses,… Read More

5 months ago

Nigeria’s Agriculture Growth Slows to 1.76% in Q4 2024 Amid Rising Costs and Insecurity

Nigeria’s agriculture sector grew by 1.76% in Q4 2024, marking a slowdown from the 2.10% recorded in the same period… Read More

5 months ago

Bybit’s $87.5 Million Ethereum Purchase Signals Recovery and Market Confidence Amid Hack Fallout

Cryptocurrency exchange Bybit made headlines with a bold move, acquiring $87.5 million worth of Ethereum (ETH) through an over-the-counter (OTC)… Read More

5 months ago

Dr Muda Yusuf- CBN Benchmark Rate Should Not be Higher Than the Inflation Rate

The Central Bank of Nigeria (CBN) recently announced a pause in its aggressive monetary policy tightening, opting to hold the… Read More

5 months ago

Nigeria Removed from Global Aviation Leasing Blacklist

Nigeria has recently achieved a significant milestone by being removed from the list of countries restricted from participating in the… Read More

5 months ago

Microsoft Plans $1 Million Investment in Nigeria to Enhance AI Skills

Microsoft, a leading global technology company, has announced a significant financial commitment of $1 million over the next two years… Read More

5 months ago

Why Is PMS Consumption Rising in Nigeria Despite Subsidy Removal and Rising Inflation Rates?

Data from NMDPRA shows that the 2024 daily average consumption of PMS continued to rise, from January to December, despite… Read More

6 months ago

Airtel Nigeria Announces Significant Tariff Hike on Data and Voice Services

Airtel Nigeria, the second-largest telecom operator in the country, has introduced a significant revision to its pricing for both data… Read More

6 months ago

Argentina’s President Milei Faces Fraud Allegations Over $LIBRA Token Promotion

Argentina’s President Javier Milei is at the center of a growing controversy following his brief promotion of the LIBRA token,… Read More

6 months ago

Transforming Africa’s Agriculture: AFDB Raised $4.4 Billion for Special Agro-Industrial Processing Zones in Nigeria – Akinwunmi Adesina

In a candid discussion on Africa’s agricultural transformation and economic self-reliance, African Development Bank (AFDB) President, Akinwunmi Adesina in an… Read More

6 months ago