Naira Plunges to Record N1,426/$1 in Parallel Market: Impact on Inflation and Business
The Nigerian currency's unofficial exchange rate hits a new low, intensifying pressure on the economy and citizens.
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The Nigerian currency's unofficial exchange rate hits a new low, intensifying pressure on the economy and citizens.
The former presidential candidate is confronting a barrage of criticism that lacks specific allegations or evidence.
A federal database meant to streamline aid is creating a standoff with state leaders over control and implementation.
A proposed privatization move for a key regulatory function faces internal opposition, signaling potential implementation hurdles.
The Nigerian insurer's planned capital raise is a direct response to new regulatory requirements designed to strengthen the nation's insurance sector.
A sharp increase in fertilizer costs is driving up food production expenses worldwide, raising alarms about prolonged inflation and hunger.
The insurer's massive payout signals robust activity in Nigeria's financial protection sector.
The insurance firm warns businesses to proactively manage workforce transitions as significant tax changes come into force.
A new bill could send people to prison for two years and fine them millions for belonging to more than one political party.
Nigeria's top military commanders are reassessing security plans following a recent insurgent assault and subsequent recapture of a key base in the volatile northeast.
A surging stock market has delivered a massive windfall for pension funds, dramatically improving their funded status and easing pressure on retirees and sponsors.
The country's top security officials have been called in for an urgent meeting as violence escalates across communities.
A labor dispute has escalated to the point where a major international carrier is warning it may halt operations in Nigeria.
A federal database intended to streamline welfare distribution has become a flashpoint in the ongoing debate over data control and fiscal federalism.
A prominent Anioma cultural organization has formally protested a perceived leadership imbalance within the Lagos chapter of the Igbo socio-cultural group Ohanaeze Ndigbo, calling for equitable representation.
Experts argue that greater female participation in finance is a critical, overlooked driver for market expansion and stability.
A former governor's explosive comparison to a long-serving African leader ignites a political firestorm over Nigeria's democratic future.
Officials caution that escalating conflict in the Middle East threatens to disrupt global supply chains and drive up costs for essential goods in Nigeria.
A panel of experts argues that greater female participation in finance isn't just about equality—it's a powerful engine for economic expansion.
The appointment of a leading Nigerian newspaper editor to a global media body signals recognition for African journalism.
The influential Yoruba socio-political group warns that a legal provision is enabling politicians with forged academic credentials to evade disqualification.
A major cultural bloc within the Igbo community in Lagos is protesting a perceived leadership imbalance in the state's chapter of the apex socio-cultural organization.
A global push is underway to reconcile mineral extraction with ecological restoration, defining the next frontier for resource sectors.
A new AI platform promises to help small businesses and community groups find and win funding they've been missing.