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Plastic Waste Blocks Congo’s Ruzizi Dam, Triggering Severe Power Outages

Plastic Waste Blocks Congo’s Ruzizi Dam, Triggering Severe Power Outages

Plastic waste clogging the Ruzizi Dam in Congo has caused widespread power outages, highlighting urgent ...
  • 18 November 2024
  • Africa
$32M Discrepancy

World Bank Uncovers $32M Discrepancy in Nigeria’s Water Sector

The World Bank uncovers a $32M discrepancy in Nigeria’s water sector projects, prompting calls for ...
  • 18 November 2024
  • Nigeria
Dangote Refinery Seeks Funding to Boost Crude Supply and Petrol Distribution

Dangote Refinery Seeks Funding to Boost Crude Supply and Petrol Distribution

Dangote Refinery seeks funding to enhance crude oil supply while signing a deal with IPMAN ...
  • 18 November 2024
  • Business
Capital Raise

FBN Holdings Approves Capital Raise and Dividend Amid Brand Transition

FBN Holdings shareholders approve N350 billion capital raise, N14.36 billion dividend, and First Bank’s rebranding ...
  • 18 November 2024
  • Business
Nigeria's Inflation Rate Climbs to 33.88% Amid Soaring Energy Costs

Nigeria’s Inflation Rate Climbs to 33.88% Amid Soaring Energy Costs

Nigeria's inflation rate hits 33.88% in October, driven by soaring energy costs and structural inefficiencies, ...
  • 17 November 2024
  • Business
Illegal Miners

South Africa Declines Aid to Illegal Miners in Closed Mine Incident

South Africa denies aid to thousands of illegal miners trapped in an abandoned mine, emphasizing ...
  • 15 November 2024
  • Africa
Foreign Debt

Nigeria Spends $3.5 Billion on Foreign Debt Servicing in Nine Months, Economists Raise Concerns

Nigeria spends $3.5 billion on foreign debt servicing in nine months, raising concerns among economists ...
  • 15 November 2024
  • Business
IPMAN

Nigerians Skeptical of IPMAN’s N50 Fuel Price Reduction Amid Dangote Refinery Supply Deal

Nigerians voice doubts over IPMAN's N50 per liter price cut, as current petrol prices remain ...
  • 14 November 2024
  • Business
Naira Depreciation

Naira Depreciation and Economic Concerns Cause 3.2 Point Drop in Firms’ Confidence – CBN Report

The Central Bank of Nigeria (CBN) reports a 3.2-point drop in firms' confidence in the ...
  • 13 November 2024
  • Business
Bitcoin

Stock Market Declines Amid Concerns Over Trump Tariff Policy, Bitcoin Surges to Record High

Global markets have shown signs of volatility as investors respond to a combination of trade ...

  • 12 November 2024
  • Business
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Latest News

UK Trade Secretary Kemi Badenoch Criticizes Nigeria&#82...

Kemi Badenoch

Court Rules FRSC Lacks Authority to Arrest Drivers Over...

Faded number plates

Tinubu Applauds Governors for Supporting Tax Reform Bil...

Tax reform
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Today in History

January 19th is the day in 1975 that an earthquake strikes Himachal Pradesh, India.

Exchange Rate Per Dollar

AM Armenian Dram401.0794
GH Ghana Cedi14.9046
GM Gambian Dalasi71
GN Guinea Franc8,650
NG Nigerian Naira₦1,558.67
CF CFA Franc BEAC638.7118
19 Jan · CurrencyRate · USD
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