Parallel market operators are quoting a buy price of N1400/$1 for holders of dollars looking to sell, marking a significant strengthening of the naira. Checks reveal that…
In the letter dated December 22, 2023, Obazee requested funds for surveillance, vetting, security, addressing black spots, monitoring hotels, and acquiring vehicles. A letter addressed to the…
The Nigerian naira appreciated slightly at the official market to close at N1,597.34/$1, data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) has shown. This represents an…
The Nigeria Data Protection Commission (NDPC) said it has launched an investigation into an alleged privacy breach on the data of Nigerians through the National Identification Number…
The exchange rate for cargo clearance has dropped to N1593.41/$ from N1612.28/$ recorded last week representing a drop of about N18.87. Last week, the CBN through the…
A major internet provider for most of Nigeria commercial banks and internet service providers (ISPs), MainOne, which suffered a major submarine cut that knocked major banks offline,…
The Biden administration faces escalating calls to intervene in the Nigerian government’s detention of two Binance executives, Tigran Gambaryan and Nadeem Anjarwalla. The detentions, which commenced on…
Nigerians and many across West Africa brace for potentially sluggish internet as MainOne, a leading provider of submarine cable systems, revealed repairs on their damaged cable could…
The Nigerian Civil Aviation Authority (NCAA) has issued a stern warning to private jet owners against the unauthorized use of their aircraft for commercial purposes, stating that…
The naira, on Wednesday, appreciated by 1.88 percent to N1,570 at the parallel section of the foreign exchange (FX) market from the N1,600/$ traded on March 11.…