Business

Sunday, February 9, 2025 marked one year since the passing of Access Group Co-founder and Chief Executive Officer, Herbert Wigwe. Wigwe died alongside his wife, Doreen; their son, Chizi; and the Chairman of the Nigerian Exchange Group Plc., Abimbola Ogunbanjo, in a helicopter crash in the Mojave Desert, near the California-Nevada border in the United […] More

The Executive Secretary of the Nigeria Shippers Council (NSC), Akutah Pius, has said the council can generate over $30 billion annually when fully developed. This is just as the Nigeria Shippers Council is set to transform into the Port Economic Regulatory Agency. While receiving the “Regulator of the Year Award” from Top 10 Magazine at […] More

What is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)? See the black market Dollar to Naira exchange rate for 31st January, below. You can swap your dollar for Naira at these rates.Tap Here for the Full Story How much is a dollar to naira […] More

What is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)? Dollar to naira exchange rate today See the black market Dollar to Naira exchange rate for 28th January, below. You can swap your dollar for Naira at these rates. How much is a dollar to […] More

The naira began this week continuing its appreciation at the parallel market where it closed Monday’s trading activities selling at N1,650 to the dollar, a N10 or 0.6 per cent increase in value compared to N1,660 which it closed last week. However, on the official end of the foreign exchange market, the value of the […] More

The agency may use a digital ledger as means to “squeeze costs out of government,” insiders with knowledge on the new Department of Government Efficiency’s inner deliberations have told US business media. Blockchain, originally popularized by Bitcoin, could be used to track federal spending, secure data, make payments, and even manage buildings, sources told Fortune. […] More

Barely few days after the Nigerian Communications Commission (NCC) approved a 50 per cent tariff increase for telecom services in the country, leading telecom operators, including MTN, Glo, Airtel and 9mobile have revised their prices for data, SMS and voice calls upward. For MTN, the price for 25GB now stands at N9,750 (previously N6,500), while […] More

The Nigerian currency, the naira, continued to react negatively to the assumption of office of Donald Trump as the 47th President of the United States by depreciating marginally against the dollar at both the official window and parallel market on Tuesday, January 21, 2025. FMDQ data showed that the naira depreciated to N1,552.78/$1 on Tuesday, […] More

What is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)? See the black market Dollar to Naira exchange rate for 20th January, below. You can swap your dollar for Naira at these rates. How much is a dollar to naira today in the black market? […] More

Dangote Refinery has confirmed an increase in the ex-depot price, raising it from N899.50 to N950 per litre. Says the adjustment is attributed to the rise in global crude oil prices, with Brent Crude increasing from $70 to $82. Added that Ardova, Heyden, and Mfrs Holdings will provide petrol to Nigerians at a nationwide retail […] More

According to Vanguard News, Temitope Ibronke-Omolokun, a Nigerian-American entrepreneur, relocated from the United States to Nigeria to establish her hospitality business, The Motherland Kitchen Nigeria Ltd. Specializing in online food delivery, her company collaborates with platforms like Chowdeck and Orda Africa, offering both local and intercontinental cuisines delivered to customers’ doorsteps in 30-35 minutes. In […] More