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Wednesday, May 7, 2025

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Business

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...

Fitch warns of mergers, license downgrades for Union bank, others

Global credit rating agency Fitch Ratings has cautioned that Union Bank of Nigeria (UBN) and other smaller financial institutions may face mergers, acquisitions, or...

Naira appreciates to N1,555/$ in parallel market, declines to N1,512/$ in NFEM

The Naira gained value in the parallel market, rising to N1,555 per dollar on Monday, up from N1,570 per dollar last week Friday. On the...

Airtel increases data, call tariffs amid rising costs

Airtel Nigeria has adjusted its data and call tariffs, implementing price increases on various plans, with some data bundles experiencing up to a 50%...

Naira strengthens to N1,565/$ in parallel market

The Naira appreciated in the parallel market on Thursday, trading at N1,565 per dollar, up from N1,570 per dollar recorded the previous day. However, in...

MTN Nigeria apologizes for data price hike, calls it a mistake

MTN Nigeria has issued an apology for its decision to increase the price of its 15GB weekly data bundle by 200 percent. The telecom giant...

BREAKING: NNPC adjusts petrol price to N945, directs filling stations to implement change

The Nigerian National Petroleum Company Limited (NNPCL) has reduced the pump price of petrol at its retail outlets, lowering it from N960 to N945...

FG takes full ownership of Keystone Bank after court ruling

A Lagos State Special Offences Court has ordered the forfeiture of all shares previously held by Sigma Golf Nigeria Limited and Alhaji Umaru H....

Again, Dangote Refinery cuts diesel price

Dangote Petroleum Refinery & Petrochemicals has further reduced the price of diesel to ₦1,020 per litre, down from ₦1,075 per litre, in an ongoing...

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