Economy

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Naira Strengthens to N1,275/$ at Parallel Market

The Nigerian naira exhibited signs of resilience against the United States dollar, gaining ground by N125 to reach an exchange rate of N1,275/$1 over...

Strategies for Navigating Economic Hardship

Despite Nigeria not being in a state of recession, the country is currently grappling with significant economic challenges. The devaluation of the naira and...

TikTok Owner Considers Shutting Down US Operations Amidst Sale Challenges

ByteDance, the parent company of TikTok, is reportedly weighing the possibility of shutting down the popular video-sharing app in the United States instead of...

NNPC Resolves Fuel Queue Challenges, Cites Logistics as Cause

The Nigerian National Petroleum Company Limited (NNPC) has attributed the recent aggravation of fuel queues in Abuja, Nasarawa, and Niger states to logistical challenges. However,...

Demolition of Buildings for Lagos-Calabar Coastal Road Set to Begin This Weekend

The Federal Government has announced that the demolition of buildings located within the right of way of the Lagos-Calabar Coastal Road project will commence...
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