Business

Nigeria Holds Title for Highest Unemployment Rate, As further Rise Is Anticipated
- By Adeyinka Arutu
- . August 8, 2023
Nigeria has clinched the unenviable top position in the list of nations grappling with the most severe unemployment rates, as

Nigeria’s Solar Potential Shines Bright As Country Could Generate About 427,000 Megawatts
- By Adeyinka Arutu
- . August 7, 2023
Nigeria’s power generation landscape could witness a monumental transformation, as power generation companies reveal that the country has the capacity

Nigeria’s Equities Market Faces 90.6% Drop in Foreign Inflows Amid Forex and Economic Challenges
- By Adeyinka Arutu
- . August 2, 2023
Amid prolonged forex illiquidity, inflation, high-interest rates, and other macroeconomic challenges, Nigeria’s domestic equities market has experienced lackluster interest as

Nigeria’s External Reserves Shrink by $167.2 Million in July as Naira Struggles Against Dollar
- By Adeyinka Arutu
- . August 1, 2023
In July, Nigeria’s external reserves experienced a decline of $167.2 million, causing the naira to weaken further against the dollar.

Nigeria’s Currency Outside Banks Surges to N2.26tn, CBN Reports Record Growth
- By Adeyinka Arutu
- . July 31, 2023
The Central Bank of Nigeria (CBN) has recently disclosed that currency outside banks soared to N2.26tn by the end of
AC Milan Secures Sensational Signing Of Nigerian Star Samuel Chukwueze As He Joins The Rossoneri Ranks
- By Adeyinka Arutu
- . July 28, 2023
In a major transfer coup, AC Milan, the esteemed Serie A giants, have successfully acquired Nigerian winger Samuel Chukwueze from
Niger President Held Amid Tensions: Army Issues Ultimatum to Detaining Guard
- By Adeyinka Arutu
- . July 26, 2023
President Mohamed Bazoum of Niger has been detained by members of the Presidential Guard, as confirmed by a reliable source

Nigeria’s Central Bank Implements Interest Rate Hike Amidst Economic Challenges
- By Adeyinka Arutu
- . July 25, 2023
In a move to address inflationary pressures and sustain the economy, the Monetary Policy Committee (MPC) of the Central Bank

NNPC Implements Bold Cost-Cutting Strategy: Merges Subsidiaries to Boost Profitability
- By Adeyinka Arutu
- . July 21, 2023
In a strategic move to streamline operations and enhance profitability, the Nigerian National Petroleum Company Limited (NNPCL) has taken significant

Federal High Court Threatens Arrest Warrant for Suspended CBN Governor Over $53 Million Debt
- By Adeyinka Arutu
- . July 20, 2023
In a recent development at the Federal High Court in Abuja, the suspended Governor of the Central Bank of Nigeria