250% hike in electricity tariff killing manufacturing in Nigeria, says industry body
The new electricity tariff's unviability poses a serious threat to the industry, with over 2,500 members fearing for the future of their companies...
Tag : Nigeria
More than 40% of Nigerians now benefit from 20 hours of daily electricity supply
Most developed nations achieved reliable, functional, and affordable electricity as a fundamental step...
Petrol price 40% cheaper in Nigeria than Saudi Arabia doesn’t make sense: Aliko Dangote
Noting that all other nations have done away with fuel subsidies, Aliko Dangote clarified that the Nigerian government could no longer afford the burden of subsidies...
We ended petrol subsidy to save Nigeria from bankruptcy: President Bola Tinubu
President Bola Tinubu expressed his happiness over Nigeria's youthful population, which he believes is full of energy and determined to use technology and education to take control of their own destiny...
Access Bank strengthens Mozambique society through community engagement
Access Bank Mozambique believes that the knowledge of basic literacy principles results in sound choices that benefit everyone’s future...
Nigeria’s currency weakness: Tracing the reasons behind a weak Naira
The Nigerian currency called the Naira has been under intense pressure since the floatation of the exchange rate...
African banks successfully managing risk
Lessons from the global financial crisis of 2008 and the disruptions caused by the pandemic and war have proven crucial for banks in Africa...
Nigerian Naira strengthens to N806.73 against Dollar at official market
The naira closed at N1,165 to the USD, the same exchange rate, marking a day of stability...
IF Insights: Analysing the ‘Silent Revolution’ in African crypto sector
Nigeria is leading the 'Crypto Revolution' in Sub-Saharan Africa, by securing the second position on the Global Crypto Adoption Index, up from 11th in 2022...
Naira’s value falls further as parallel market exchange rates widen
In 2023, the naira experienced its worst-ever performance on the illicit market, reaching 1,000 to the dollar...