Business

Naira’s Exchange Rate Dips to N1,667/$ After MPC’s Shocking Rate Adjustment

The naira has hit a record low of N1,667.42 per dollar in the official market as of Wednesday, marking a significant decline just one...

Exchange Rate and Inflation Dampening Real Estate Expansion

The real estate sector in Nigeria is grappling with significant challenges due to volatile exchange rates and soaring inflation, which have severely impacted growth...

FG Sets Jail Threat for Private Employers Paying Below N70,000

The Federal Government has urged private sector recruitment agencies to comply with the N70,000 minimum wage, emphasizing that any non-compliance will face strict penalties. The...

NGX market cap gains N248bn

The Nigerian Exchange Ltd.(NGX) market capitalisation, on Friday, closed positive with N248 billion gain. Specifically, the market capitalisation added N248 billion or 0.44 per cent...

Investors gain N343bn as stock market rebounds

The Nigerian stock market, on Tuesday, rebounded from its previous session’s loss with N343 billion profit added to the portfolios of investors. Investors’ interests in...

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