Govt Demolishes Buildings Worth N3bn at Lagos Trade Fair Complex
A visibly agitated plaza owner, who arrived while his shop was being pulled down, screamed from his car that no notice was served before the bulldozers moved in.
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Naira Exchange Rates Thursday, July 30 : Black Market, CBN, Commercial Bank
BLACK MARKET RATES US DOLLAR (USD) Buy ₦1,407 Sell ₦1,415 GREAT BRITISH POUND (GBP) Buy ₦1,900 Sell: ₦1,925 EURO (EUR) Buy ₦1,590 Sell ₦1,610 CANADIAN DOLLAR (CAD) Buy ₦1,020 Sell ₦1,080 SOUTH AFRICAN RAND (ZAR) Buy ₦75 Sell ₦90 UAE DIRHAM Buy ₦350 Sell ₦370 CHINESE YUAN Buy ₦190 Sell ₦205 GHANA CEDI (GHS) Buy…
Naira Exchange Rates To Foreign currencies Thursday, June 18
Black Market Rates
US DOLLAR (USD) Buy ₦1, 400 Sell ₦1,405
GREAT BRITISH POUND (GBP) Buy ₦1,865 Sell: ₦1,885
EURO (EUR) Buy ₦1, 585 Sell ₦1, 605
Nigeria, RwandAir in AfCFTA exports partnership
The RwandAir partnership will be formally flagged off in June 2026,” said the Minister.
Dr Nolas-Alausa Becomes DG Chartered Institute of Directors
• Dr Taiwo Nolas -Alausa The Chartered Institute of Directors Nigeria (CIoD Nigeria) has announced the appointment and resumption of Dr. Taiwo Nolas-Alausa as its new Director General/Chief Executive Officer. Dr. Nolas-Alausa succeeds Mr. Bamidele Alimi, who completed his second and final four-year term as the DG/CEO of the Institute on 31 July,2025. Dr Nolas-Alausa…
Tinubu Extends CGC Adeniyi’s Tenure By One Year To Complete Key Projects
His tenure, which was due to expire in August 2025, will now run until August 2026.
UBA Lending Business Owners N5bn BoI MSME fund at 9% Interest Rate
I urge eligible businesses to visit any UBA branch or the bank’s official website to begin their application process right away.
MTN Ventures into cloud services to rival Amazon, Google, Microsoft, others
• MTN Nigeria Executives L-R Roger Shutte: General Manager for Infrastructure, Shoyinka: Shodunke Chief Information officer, Karl Toriola: CEO MTN Nigeria today, July 1, 2025, launched what it describes as West Africa’s largest Tier III data centre—and one of the largest in Africa. TechPoint Africa reports that the data centre is named after MTN Nigeria’s…
Nigeria’s Manufacturing Contraction By 22.5% : Driving Forces and Wayforward
It is practically impossible to build a 21st-century industrial economy when forcing factories to fund their capital footprint through 19th-century primitive capital constraints.
Aluminium prices jump after Gulf attacks
Aluminium prices climbed around six per cent in early trading on Monday after Iran attacked two major plants in the Gulf that produce the widely used metal, raising concerns over supply disruptions, according to AFP. Gains later reduced, though prices were still up 4.2 per cent at $3,435 per tonne on the London Metal Exchange….