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Nigeria’s Official Market Faces Five-Month Low in Dollar Liquidity for June 2024

In June 2024, the Nigerian Autonomous Foreign Exchange Market (NAFEM) had one of its lowest foreign exchange (FX) turnovers in five months. This means there was less trading of dollars, and it made things tough for Nigeria's currency, the...

Many feared trapped after another building collapses in Anambra

Many people are feared trapped when a two-storey building collapsed on Thursday in Amawbia, Awka South, Anambra State, southeastern Nigeria. This comes less than a month after a five-storey building collapsed in Onitsha, Onitsha North Local Government Area of ​​the...

7 Countries with the Highest Student Visa Fees in 2024

Many students from different countries want to study abroad. To do this, they need student visas. These visas help them move to new countries and study legally. Student visas are usually for a short...

Why Do So Many People Quit Forex Trading?

Key Points Over 90% of new Forex traders lose most of their money because they aren't ready or have unrealistic hopes. Success means managing risk well. This includes using...

Oyo nurses and midwives vow to continue strike

Nurses and midwives in Oyo State on Wednesday insisted that their ongoing strike will not be called off until the state government meets their demands. Samuel Adeyemi, President of the National Association of Nigerian Nurses and Midwives (NANNM), in an...

Investigations revealed a cash inflow of N30 billion into Mompha’s bank account

An agent of the Economic and Financial Crimes Commission (EFCC), Idi Musa, on Monday testified against a social media celebrity, Ismaila Mustapha, popularly known as Mompha, who is accused of money laundering worth six billion naira. Mompha, still at large,...

Nigerian minister to meet warring parties, students write

The Minister of Education, Tahir Mamman, and other top officials of the ministry will on Thursday (today) meet with the Rector of the Federal College of Education, Technical (FCET), Akoka, Lagos, Wahab Azeez, and some trade unionists on the...

Sanwo-Olu to Launch Lagos State Sovereign Investment Fund, Seeks NSIA Investment for Lekki Airport Project

Lagos State Plans for a Brighter Future: New Investment Fund Coming The Governor of Lagos State, Mr. Babajide Sanwo-Olu, shared some exciting news on Wednesday. The state is going to start something...

New Directive: Banks to Deposit Excess Foreign Exchange at CBN Branches in Lagos and Abuja

The Central Bank of Nigeria (CBN) has rolled out new rules. These rules make it easier for Deposit Money Banks (DMBs) to deposit extra foreign cash at its branches in Lagos and Abuja. This way,...

Interest Rates Must Drop Below 30% for Economic Growth, Says Aliko Dangote

The President of Dangote Group Industries Ltd, Alhaji Aliko Dangote, said that economic growth won't happen unless the bank interest rates, currently at 30%, go down. He said this during a speech at the Manufacturers Association of Nigeria (MAN) 2024...

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Honda Capital’s financial platform helps Honda Group deepen its brand influence in the Nigerian automotive and motorcycle market.

  Synergy Between Digital Financial Services and Industry Drives Long-Term Growth Honda Capital Financial Platform (HCFP) is an emerging financial platform...
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