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AI drives 48% increase in Google emissions
Google's greenhouse gas emissions in 2023 were 48% higher than in 2019, according to its latest environmental report.
The…
Naira rises to N1,510/$ in parallel market
The Naira yesterday appreciated in the parallel market, rising to N1,510 per dollar from N1,515 per dollar last Friday.…
May sees 78% YoY increase in intercity bus fare – NBS
The average fare paid by commuters each drop for intercity bus travel inside Nigeria in May 2024 was N7,129.46, up 78.14% from…
CBN issues fresh guidelines for Foreign Currency Deposit
The Central Bank of Nigeria (CBN) has released updated rules to Deposit Money Banks (DMBs) regarding the deposit of foreign…
Supreme Court affirms conviction of Ex-Bank PHB MD Atuche
The Supreme Court maintained the conviction of Mr Francis Atuche, former Managing Director of the dissolved Bank PHB Plc, on…
Nigeria’s external reserves surges to $34 billion
Nigeria's external reserves surpassed $34.07 billion in June, the highest level since March 2024.
Worst of Naira volatility over – CBN Gov, Cardoso
Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, says the era of volatility of the Nigerian currency is over adding…
CBN issues IMTOs Naira Access to boost remittances
On Monday, the Central Bank of Nigeria (CBN) announced new steps to strengthen naira liquidity and increase diaspora remittances.
Femi Otedola buys additional 2.22% shares in FBN Holdings
Billionaire businessman, Femi Otedola, has acquired an additional 2.22 percent shares in FBN Holdings.
The acquisition was…
FAAN to crack down on touting, harassment of passengers at airports
The Federal Airports Authority of Nigeria (FAAN) has established a task group to combat touting and passenger harassment at…