nigeria economy

Moniepoint has acquired the Nigerian operations of Orda Africa(a leading cloud-based restaurant management platform). The move signals a major strategic shift from being a dominant payments provider to becoming a full-service business infrastructure platform for SMEs, particularly within the...

Nigeria's annual inflation rate experienced a notable uptick, surging to 24.08% in July, marking a distinct rise from the previous month's 22.79%, as reported by the National Bureau of Statistics (NBS) on Tuesday. The data indicated that the inflation rate for July 2023 displayed a notable 1.29%...

Nigerian comedian Real Warri Pikin talked about the hardship in the economy. She said anyone that hasn't touched his or her fixed deposit in these trying times is either a ritualist or into an illegal business. "If by now you never touch your fixed deposit, you be ritualist," she stated. ==...

The President of Nigeria, Bola Ahmed Tinubu has stated that the Federal Government will be working along with the Nigerian company UTM Floating Liquefied Natural Gas Limited and its international partners in order for their floating gas project to be completed on schedule. It was made known on...

Sudan crisis: another set of 1,350 Nigerians leave Khartoum Another set of Nigerians left Khartoum which is the capital of Sudan, on Sunday. This batch consisted of 1,350 Nigerians. Recall the first batch of 637 evacuated Nigerians from Sudan faced a challenge at the border between Sudan and...

Dollar to naira today black market (USD to NGN) It is very important to keep up with the current exchange rates in Nigeria especially those who at one point of the other will need to change currencies if they want to travel abroad. The dollar to naira exchange rate fluctuates frequently and it...