Panic as Naira crashes to N710 per dollar

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The naira has crashed further in the parallel market, trading for N710 against the U.S. dollar on the exchange platform Aboki Forex. Checks on Wednesday...

NLC Protests Rock States In Nigeria (Photos)

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The Nigeria Labour Congress, NLC, on Sunday promised to embark on a two-day nationwide protest in solidarity with the Academic Staff Union of Universities,...

FG Considers Banning Okada Across The Country

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Malami says the proposed ban of Okada could cut off sources of funds for terrorists and bandits. The Federal Government is considering banning the use...

Exchange rate skyrockets to N644/$1 at peer-to-peer market as forex scarcity...

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Wednesday, 20th July 2022: The exchange rate between the naira and the US dollar closed at N426.58/$1 at the Investors and Exporters (I&E) window, where...

CBN vows to arrest any Nigerian buying dollars with Naira

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The Central Bank of Nigeria has vowed to arrest and prosecute Nigerians using naira to buy dollars. “For those taking money from banks to buy...

Dollar to Naira Exchange Rate/ Black Market Rate Today, 14th July,...

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Thursday, 14th July: This is the news about the Dollar to Naira rate at the official and black market exchange rates. Read CREEBHILLS update on...

Ghanaian cedi has lost 22% against the US dollar since the...

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After suffering a massive loss of 22.44 percent versus the US dollar, the Ghanaian cedi came under pressure. This occurs despite efforts by Ghana's...

Nigeria to rollout 5G Spectrum in August

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The Fifth Generation (5G) technology would be implemented this year, according to Umar Danbatta, the chairman of the Nigerian Communications Commission (NCC). Danbatta said this...

Buhari accuses UK, EU of inconsistency, contradiction on green energy policy

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President Muhammadu Buhari has demanded funding for the proposed 4000 km pipeline that would carry Nigerian gas to Europe via Morocco and accused the...

Fuel scarcity: Petrol now sold for N185/litre in Lagos, Ogun States

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Fuel shortages have gotten worse in Lagos and Ogun States as filling stations are now charging N185 or more per litre for Premium Motor...

“Why My Administration Has Not Removed Fuel Subsidy”– Buhari

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President Muhamamdu Buhari on Tuesday, defended his administration’s decision to keep paying fuel subsidies. In a response to Bloomberg, Buhari explained that the effects of...

We Will Decentralise National Grid, Invest $550m To Boost Power Supply...

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President Muhammadu Buhari says his administration is decentralising the nation’s national grid through renewable mini-grids to address the challenges of electricity supply across the...

World Bank announces a $93 billion replenishment package for Nigeria, others

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The International Development Association (IDA) will receive a $93 billion replenishment package from the World Bank to assist Nigeria and other low-income countries in...
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