How Much Is Dollar To Naira Exchange Rate Today Official Rate? The official rate today, Thursday, May 5th, 2022, for $1 dollar to naira = ₦417.40/$1. According to the data obtained from the FMDQ, where
SMEDAN Sets To Give N5m Loan to SMEs. The sum of N1.2M to N5M has been set aside by the Small and Medium Enterprises Development Agency of Nigeria, SMEDAN, to give out as a loan
Nigeria recorded a high rate of inflation in September, the highest since March 2018. The country’s inflation rate rose to 13.71 percent in September 2020, 0.49 percent points higher than the rate recorded in August
Nigeria’s Securities and Exchange Commission (SEC) on Monday announced that it would begin to regulate digital currencies and crypto-based companies. A statement by SEC said the general objective of regulation is not to hinder technology
Minister of state petroleum resources, Timipre Sylva, said that Nigeria would save over N1 trillion annually due to the removal of fuel subsidy. Speaking to reporters in Abuja, he explained that already, not less than
Davido, Wizkid, and Burna Boy are three of Africa’s richest musicians but we guess you have no idea that a 35-year-old Nigerian woman is richer than the three of them combined. We are talking about
Apple CEO, Tim Cook has become a billionaire after the Cupertino-based iPhone maker broke all previous records to become the world’s most valued company at over $1.84 trillion. According to Bloomberg Billionaires Index, the net
The United States-based ExxonMobil has announced the appointment of Richard Laing as chairman and managing director of its three affiliates in Nigeria – Mobil Producing Nigeria Unlimited, Esso Exploration and Production Nigeria Limited, and Esso
For the first time in many years, the Organisation of Petroleum Exporting Countries, OPEC, has confirmed Nigeria’s ability to cut its output from 1.7 million barrels per day, mb/d in May to 1.4mb/d in June
The Nigerian Postal Service (NIPOST)has again tackled the Federal Inland Revenue Service (FIRS ) over the exclusive right to Stamp Duty collection. The agencies have been feuding since 2019 over the exclusive right to Stamp
Nigeria recorded a slight increase in its oil output for the first quarter of 2020, the National Bureau of Statistics said on Monday. According to the NBS, gains made in petroleum production led to an
The Nigerian National Petroleum Corporation (NNPC) has said professional competence, adherence to the principle of transparency and accountability informed the recent top management appointment executed in the first week of March. Dr Kennie Obateru, the
The United States Government has revealed how it’s preparing to add 33 Chinese firms and institutions to an economic blacklist, for alleged ties to China’s military, or persecution of Uighurs. Seven companies and two institutions
Stakeholders in the oil and gas sector have said that previous bid rounds in Nigeria’s marginal oil fields revealed a sharp decline in interest from serious investors, both local and foreign. This, according to the
Christopher Butcher, a UK High Court Judge has dismissed Nigeria’s $1b suit against Shell and Eni, noting that the court does not have jurisdiction to hear the claim. Disclosing this on Friday, Barnaby Pace, a