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Day: November 23, 2023

Naira Continues Downward Slide, Closes at N840.53 Against the Dollar
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Naira Continues Downward Slide, Closes at N840.53 Against the Dollar

Web AdminNovember 23, 2023November 23, 2023
The Nigerian naira faced a further decline against the US dollar on Wednesday, November 22, 2023, witnessing a 1.14% depreciation at both the official market and the parallel market. At...
World Bank Advocates Cash Transfers to Avert Intergenerational Poverty Amidst Inflation Challenges in Nigeria
Business News Other News

World Bank Advocates Cash Transfers to Avert Intergenerational Poverty Amidst Inflation Challenges in Nigeria

Web AdminNovember 23, 2023November 23, 2023
The World Bank has emphasized that implementing cash transfers could play a crucial role in preventing Nigerians from falling into intergenerational poverty traps, particularly as inflation and low economic growth...
Brent Crude Slides to $78 per Barrel as OPEC Meeting Faces Postponement
Business News Other News

Brent Crude Slides to $78 per Barrel as OPEC Meeting Faces Postponement

Web AdminNovember 23, 2023November 23, 2023
The Brent crude price witnessed a decline to $78 per barrel following the recent announcement by the Organization of Petroleum Exporting Countries (OPEC) regarding the postponement of the oil producers'...
Federal Government Urges Supreme Court for Extension of Validity Period for Redesigned Naira Notes
Business News Other News

Federal Government Urges Supreme Court for Extension of Validity Period for Redesigned Naira Notes

Web AdminNovember 23, 2023November 23, 2023
In a fresh move, the Federal Government has submitted an application to the Supreme Court, seeking an extension of the validity period for the redesigned old naira notes, including N200,...
OPEC Postpones Ministerial Meeting, Fuelling Concerns of Falling Global Crude Oil Prices
Business News Other News

OPEC Postpones Ministerial Meeting, Fuelling Concerns of Falling Global Crude Oil Prices

Web AdminNovember 23, 2023November 23, 2023
There is growing apprehension about a potential decline in the international crude oil market as the Organization of the Petroleum Exporting Countries (OPEC) announced the postponement of its ministerial meeting...

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Nigeria Spends $2.93bn on Eurobond Servicing Under Tinubu, 83% Goes to Interest — DMO Data

Dangote Refinery Debunks Viral Video Claiming It Delivers Petrol Through Dispatch Riders

Tyre Burst Disrupts Flights at Abuja Airport, Normal Operations Resume

UNICEF, EU, and Oyo Govt to Enrol 250,000 More Vulnerable Households into Social Register

African Nurses and Midwives Launch World’s First AI Movement for Migrant Women

Open Startup Launches Fifth DeepTech Accelerator to Boost African Innovation

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