IKE-NIBO RESOURCES LIMITED: Quality Drinks for Every Occasion—Order Now

We are proud distributors of top brands including Nigeria Breweries PLC, Guinness PLC, International Breweries, Nkwụ Ọcha 042 Palm Wine, BOLZANO RED WINE, and a variety of hot drinks. Based in Enugu... Read more »

Moniepoint valued at $1 billion as Google, others invest $110 million

Nigerian fintech, Moniepoint, has secured a $110 million investment from multiple investors including Google, bringing its valuation to $1 billion and giving it a unicorn status. The Series C investment was led by... Read more »

Naira Strengthens Against Dollar in Parallel Market Amid Increased Trading Volume

The Naira yesterday appreciated to N1,725 per dollar in the parallel market from N1,730 per dollar on Monday. Similarly, the Naira appreciated to N1,630.45 per dollar in the Nigerian Autonomous Foreign Exchange... Read more »

Godwin Emefiele Used Unorthodox Methods To Grow Nigeria’s Economy – Cardoso

Olayemi Cardoso, governor of the Central Bank of Nigeria (CBN) on Tuesday says his predecessor, Godwin Emefiele used a whole lot of unorthodox methods to grow Nigeria’s economy. Cardoso, who was appointed... Read more »

Ghana To Import Petroleum Products From Dangote Refinery ‘To Reduce Prices

The Ghana National Petroleum Authority (NPA) says it is considering buying petroleum products from the Dangote Petroleum Refinery once the facility is operating at full capacity. According to Reuters, Mustapha Abdul-Hamid, chairman... Read more »

Naira Depreciates To ₦1,740/$ In Parallel Market

The Naira today depreciated to N1,740 per dollar in the parallel market from N1,739 per dollar on Thursday. However, the Naira appreciated to N1,601.2 per dollar in the Nigerian Autonomous Foreign Exchange Market, NAFEM. Data... Read more »

Nigeria’s Highest Minimum Wages Monthly

Nigeria’s Highest Minimum Wages Monthly Abia State, Anambra State, Adamawa State, Delta State, Ebonyi State, Edo State and Kwara State have all approved the payment of the N70,000 monthly minimum wage. Read more »

Naira Showing Signs Of Stability — IMF

The International Monetary Fund (IMF) says the naira, Nigeria’s local currency, is showing signs of stability due to interest rate hikes, The Cable reports. In its global financial stability report launched during... Read more »

5% Excise Tax: Telcos Will Soon Die Like NITEL — MTN CEO, Toriola

Chief Executive Officer, CEO of MTN, Mr Carl Toriola has warned that the latest attempt to reintroduce the 5% excise tax on telecom services will put the final nail on the activities... Read more »

Nigerians to pay more as FG proposes 12.5% telecom tax

The federal government’s plan to reintroduce excise duty on telecommunication services will see consumers paying more for calls. The government is increasing the consumption tax on telecom services to 12.5 percent from... Read more »