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Tuesday, March 25, 2025

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Business

Naira appreciates to 1530.52/$ at official market

The naira on Wednesday appreciated by 0.16 per cent to 1530.52/$ from 1532.93/$ in the previous trading session on the Nigerian Foreign Exchange Market,...

BREAKING: Dangote Refinery halts local fuel supply amid NNPC deal stalemate

Dangote Refinery has suspended the distribution of petroleum products within Nigeria due to the ongoing deadlock in renegotiating the naira-for-crude oil agreement with the...

NCC, USPF push for stronger partnerships to expand telecom access in Nigeria

The Nigerian Communications Commission (NCC), through the Universal Service Provision Fund (USPF), has called for stronger collaborations between government agencies, private sector players, and...

Naira strengthens to ₦1,512/$ in parallel market

The Naira gained value in the parallel market on Wednesday, trading at ₦1,512 per dollar, an improvement from the ₦1,515 per dollar rate recorded...

Naira weakens to N1,510/$ in parallel market

The naira experienced a slight depreciation in the parallel market on Monday, falling to N1,510 per dollar from N1,505 recorded over the weekend. However, in...

Naira falls to N1,495/$ in parallel market

The Naira weakened further in the parallel market on Thursday, trading at N1,495 per dollar compared to N1,490 per dollar the previous day. Similarly, in...

Fidelity bank unveils Creativerse to boost Nigeria’s creative industry

Fidelity Bank Plc has taken a bold step to nurture Nigeria’s creative economy with the introduction of Creativerse, a cutting-edge facility housed within the...

Naira falls to N1,502/$ in parallel market, gains in official market

The Naira saw a slight decline in the parallel market yesterday, trading at N1,502 per dollar compared to N1,500 per dollar on Monday. However, in...

Naira strengthens to seven-month high at N1,500/$ in parallel market

The Naira continued its upward trajectory in the parallel market, appreciating to N1,500 per dollar yesterday from N1,530 per dollar recorded over the weekend. This...

Fidelity bank set to surpass CBN recapitalization goal before deadline – Experts

Fidelity Bank Plc is advancing confidently toward meeting the Central Bank of Nigeria’s (CBN) recapitalization requirements, buoyed by a highly successful initial phase of...

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