Business

Nigerian Breweries Plc has released its audited Group Financial Statements for the 2024 financial year, reporting an unprecedented revenue of N1.1 trillion. This marks a significant 81% increase from the N599.6 billion recorded in 2023. …Read Full Article

Renowned human rights lawyer and Senior Advocate of Nigeria, Femi Falana, has filed a $5 million lawsuit against Meta Platforms Inc., the parent company of Facebook, for allegedly invading his privacy. Naija News gathered that the suit, …Read Full Article

The Nigerian currency, Naira, continued its appreciation run against the dollar at the parallel foreign exchange market on Friday. According to a Bureau de Change operator in Wuse Zone 4, Abuja, Abubakar Alhasan, the Naira …Read Full Article

Some of the reforms done by Olayemi Cardoso, Central Bank of Nigeria (CBN) governor, have started paying off as foreign investors take a bet on Nigeria in 2025. In an investors’ call with a reputable …Read Full Article

The Central Bank of Nigeria has said that without its policy interventions, inflation could have surged to 42.81 per cent by December 2024. It also projected that diaspora remittances would rise to N31.79trn when fourth-quarter …Read Full Article

The Nigerian naira weakened to N1,541.36/$ on the first day of trading in the New Year. According to the NFEM rate data available on the website of the Central Bank of Nigeria, this is a …Read Full Article

What is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)? See the black market Dollar to Naira exchange rate for 2nd January, below. You can …Read Full Article

Recent data shows the Nigerian naira was among the list of 15 worst-performing currencies in Africa in 2024. The Nigerian currency closed 2024 negatively, depreciating by over 40% despite a series of innovative policies by …Read Full Article