Business / Money

Summary: CBN just closed down 46 microfinance banks across Nigeria. Find out what this means for you, if your money is safe, and the exact steps to take. If you have been saving your small-small […]

Summary: Two Nigerian nationals have been arrested for drug trafficking in India, casting another shadow on the reputation of hardworking Nigerians abroad. Get the details here. Omo! It seems like every other week, we hear […]

Nigeria’s long-awaited step back into the good books of global index trackers has hit the brakes. Global index provider FTSE Russell has placed Nigeria’s planned reclassification to frontier market status under further review. The sticking […]

Technology is great—until it meets experience. That’s the big lesson from Ford, which has brought back more than 300 seasoned quality inspectors after discovering that the artificial intelligence tools used across its manufacturing plants couldn’t […]

As oil prices continue to drop globally, the Federal Competition and Consumer Protection Commission (FCCPC) has issued a stern warning to petroleum marketers in Nigeria against taking advantage of consumers. On Sunday, June 28th, the […]

The Nigerian Naira has been on a steady decline, with the currency now trading at a staggering N1,395 per US dollar in the parallel market, up from N1,386 per dollar last week. This decline is […]

The streets of Minna, the bustling capital of Niger State, recently witnessed an intriguing twist as law enforcement agents swooped in to apprehend two suspects carrying counterfeit United States currency amounting to $1,000. The Niger […]

The foreign exchange market is abuzz! As of Monday, June 29, 2026, the Nigerian naira is being exchanged at ₦1,379.22 per US dollar at the Nigerian Foreign Exchange Market (NFEM). With the ever-changing dynamics of […]