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News - Page 508

Mauritania Prime Minister Resigns With Government, Asked to Form New Cabinet

October 9, 2026

Mauritania’s Prime Minister El Moctar Ould Djay submitted his government’s resignation on Friday and was immediately tasked by President Mohamed Ould Cheikh El Ghazouani with forming a new cabinet, days after an

Africa·News·Security

Ghana Rescues 120 Suspected Trafficking Victims in Scam Centre Raid

October 9, 2026

Ghanaian authorities said they had arrested eight suspects and rescued 120 suspected trafficking victims in a raid on alleged scam centres, following an FBI announcement that more than 130 people had been

Naira Falls Against Dollar In Black Market As Demand Increases In FX Market

Business News·News·Top Stories

Naira Gains Stronger Footing As Dollar Dips To N1,567 Following CBN’s Fx Policy

The Naira strengthened significantly across foreign exchange markets on Thursday, closing at N1,567 to the dollar. This marks a N41 or 2.5% gain from Wednesday’s rate of N1,608 at the Nigerian Foreign Exchange Market (NFEM), according to data from the Central Bank

December 5, 2024

Business News·News·Top Stories

UPDATE LIST: Companies Leaving Or Have Left Nigeria From 2020 Till Date

Every business owner, especially one who has survived past one of the most crucial parts of owning a business—the startup phase—wants to keep expanding. But then, how does any business owner (even multinationals) expecting to yield profits survive a 33.88% inflation rate?

December 5, 2024

Business News·News·Top Stories

Sanwo-Olu Explains Nigerians’ Resistance To Tax Reform Bills

Governor Denies Lagos’ Dominance Over Tax Reform Bills Governor Babajide Sanwo-Olu of Lagos State has clarified misconceptions about the recently proposed tax reform bills, denying claims that Lagos would disproportionately benefit from the reforms. Speaking on the sidelines of the Africa Investment

December 5, 2024

Why Nigeria's Foreign Debt Rises To N30trn- Report

Business News·News·Top Stories

How Naira Depreciation Shot Nigeria’s Foreign Debt To N30trn- Report

Naira Devaluation Drives Foreign Debt Increase Nigeria’s foreign debt has surged to N30 trillion in naira terms due to significant currency depreciation. The Debt Management Office (DMO) revealed that external obligations, although reduced in dollar value, have become far more burdensome in

December 5, 2024

PMS Price: Marketers Raise Concerns Over Epileptic Fuel Supply

Business News·News·Oil & Gas

How Marketers Import 2.3bn Litres of Fuel In 3 Months Despite Local Refinery Operations

Marketers Persist with Fuel Imports Despite the operational launch of two major refineries in Nigeria, the Dangote Petroleum Refinery and the Port Harcourt Refining Company, oil marketers have continued to import fuel. Between September 11 and December 5, 2024, a total of

December 5, 2024

World News

Belgium Union Of Sex Workers Hails Parliament Over Pension, Maternity Leave

The Belgium Union of Sex Workers has given the country’s parliament a pat on the back following the passing of bills that guarantees sex workers, maternity leave, pensions, and legal safeguards against exploitation like every other workers. The practitioners of the industry

December 5, 2024

News·Top Stories·World News

Things To Know About Tulsi Gabbard, Trump’s Pick For Director Of National Intelligence

Who Is Tulsi Gabbard? Former Congresswoman Tulsi Gabbard is set to become Director of National Intelligence, according to an announcement by President-elect Donald Trump. A military veteran and one-time Democratic representative, Gabbard’s nomination is seen as a significant move for the intelligence

December 5, 2024

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 1st July 2025

Business News·Currency·Markets·News

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 5th December 2024

What is the Dollar to Naira Exchange rate at the black market, like the Aboki Fx? The exchange rate for the US dollar (USD) to Nigerian Naira (NGN) in the parallel market also known as black market, especially the Aboki Fx as

December 5, 2024

Port Harcourt Refinery Shutdown: Marketers Call On Minister, NNPCL GCEO To Intervene

Business News·News·Oil & Gas

Port Harcourt Refinery: Mixed Feelings Over Nigeria’s Energy Future

The Long Journey to Resuscitating the Port Harcourt Refinery Nigeria’s Port Harcourt Refinery has long been a symbol of the nation’s struggle for energy independence. Once heralded as a beacon of industrial might, years of neglect turned it into a dormant shell,

December 5, 2024

Nigeria's Equity Market Declines By 1.99% in March Despite Weekly Gains

Business News·Markets·News

Nigeria’s Equity Market Posts Recovery, Gains N286bn In Value

Market rebounds after previous day’s losses Nigeria’s equity market bounced back on Wednesday, recording a 0.48% gain in market capitalisation, equivalent to N286 billion. This development followed the prior day’s decline, signalling renewed investor confidence. Trading activity showed significant volume, with 521,918,004

December 5, 2024

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Worries As Oil Price Crash, Low Production Threaten Nigeria’s 2025 Budget

Iran Conflict Pushes South African Fuel Prices Sharply Higher

South Africa will raise petrol prices by more than 11%

India-New Zealand Free Trade Agreement to Take Effect on Oct. 20

India and New Zealand’s free trade agreement (FTA) will take

UBA Opens Subscription Channel for Dangote Refinery IPO, Invites Investors to Participate

Africa’s Global Bank, United Bank for Africa (UBA) Plc, has

Top 5 Best-Performing Industrial Goods Stocks In Q1 2026

Shareholders in Nigeria’s industrial goods sector recorded massive returns in

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News - Page 508

Mauritania Prime Minister Resigns With Government, Asked to Form New Cabinet

Ghana Rescues 120 Suspected Trafficking Victims in Scam Centre Raid

Naira Gains Stronger Footing As Dollar Dips To N1,567 Following CBN’s Fx Policy

UPDATE LIST: Companies Leaving Or Have Left Nigeria From 2020 Till Date

Sanwo-Olu Explains Nigerians’ Resistance To Tax Reform Bills

How Naira Depreciation Shot Nigeria’s Foreign Debt To N30trn- Report

How Marketers Import 2.3bn Litres of Fuel In 3 Months Despite Local Refinery Operations

Belgium Union Of Sex Workers Hails Parliament Over Pension, Maternity Leave

Things To Know About Tulsi Gabbard, Trump’s Pick For Director Of National Intelligence

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 5th December 2024

Port Harcourt Refinery: Mixed Feelings Over Nigeria’s Energy Future

Nigeria’s Equity Market Posts Recovery, Gains N286bn In Value

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Mauritania Prime Minister Resigns With Government, Asked to Form New Cabinet

Ghana Rescues 120 Suspected Trafficking Victims in Scam Centre Raid

South Africa Withdraws Asylum Directive After Anti-Migrant Violence

Nigeria Labour Congress Gives Government Two Weeks to Cut Petrol Prices, Resume Wage Talks

Iran Conflict Pushes South African Fuel Prices Sharply Higher

India-New Zealand Free Trade Agreement to Take Effect on Oct. 20

UBA Opens Subscription Channel for Dangote Refinery IPO, Invites Investors to Participate

Top 5 Best-Performing Industrial Goods Stocks In Q1 2026

Mauritania Prime Minister Resigns With Government, Asked to Form New Cabinet

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News - Page 508

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