Business

NRC, APM Terminals Launch Lagos-Ibadan Cargo Rail Service to Boost Freight Transport

NRC and APM Terminals launch cargo rail services on the Lagos-Ibadan route, enhancing freight transport ...

CBN Staff Protest Salary Disparities as Consultants Earn Exorbitant Wages

CBN staff protest massive salary disparities, accusing Governor Cardoso of bypassing protocols to hire high-earning ...

Nigeria’s Treasury Bills Attract Over N3.1 Trillion in February Auction

Nigeria’s Treasury bills attract over N3.1 trillion in subscriptions in February 2025 auction, with rising ...

Obaigbena, GHL Appeal Despite Favorable High Court Ruling Against First Bank

Obaigbena and General Hydrocarbons Limited appeal a favorable High Court ruling in their dispute with ...

NPA Increases Port Tariffs by 15% After 32 Years

The Nigerian Ports Authority (NPA) has increased port tariffs by 15% for the first time ...

President Tinubu Departs Nigeria for Private Visit to France Ahead of AU Summit

President Tinubu departs for France on a private visit ahead of the AU summit in ...

Nigerian Government Denies 65% Electricity Tariff Hike Amid Power Sector Challenges

The Nigerian government denies a 65% electricity tariff hike, as experts call for local solutions ...

Nigerian Government Introduces New Withholding Tax Rules to Boost Revenue

The Nigerian government has introduced new withholding tax rules to boost revenue, with experts advising ...

Dangote Refinery’s Petrol Price Cut Sparks Concerns Among Marketers

Dangote Refinery’s petrol price cut raises concerns among fuel marketers holding imported stock, as private ...

Naira Hits Record Low Against U.S. Dollar as Depreciation Continues

The naira has depreciated to ₦1,495/$1 at the official market and ₦1,610/$1 in the black ...

Latest News

Sierra Leone: Call for Sahel States’ Return to ECOWAS

Toluwani Adebimpe

British Airways Denies Passengers Boarding Abuja-London...

Toluwani Adebimpe

Mali Foils Alleged Coup Plot, Arrests Two Generals

Toluwani Adebimpe

Today in History

August 16th is the day in 1841 that U.S. President John Tyler vetoes a bill which called for the re-establishment of the Second Bank of the United States.

Exchange Rate Per Dollar

Armenian Dram383.1

Ghana Cedi10.65

Gambian Dalasi72.5

Guinea Franc8,677.5

Nigerian Naira₦1,532.72

CFA Franc BEAC560.4153

16 Aug · CurrencyRate · USD

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