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Tuesday, June 27, 2017

Good News: NNPC crashes price of diesel to N175

The Nigerian National Petroleum Corporation (NNPC) has announced the crash of diesel by 42%. The NNPC said the huge price crash followed its key strategic interventions. This was disclosed in a statement released on the NNPC...

Good News: Lagos State Resumes Sales of Lake Rice… Check out Prices, Sales Outlets...

The Lagos state Government(LASG) said it would resume the sales of LAKE Rice at approved retail outlets across the state from Monday, June 19, ahead of the Eid-el-fitr. The state’s commissioner for Agriculture, Mr...

16/06/2017 – Today’s Naira Rate Against Dollars, Pounds and Euros

Nigerian naira on Friday sustained trading rate against all major currencies at the parallel market. Table below shows today's (16/06/2017) exchange rate of the Nigerian Naira against the Dollar, Pound:

Naira Records Impressive Gain Against the Dollar…See Latest Value

On Friday, the naira recorded further gain against the dollars closing at 365 to a dollar. The local currency closed at 367/dollar on Friday, after closing between 367/dollar and 368/dollar for most days of...

Meet The Only 10 Black Billionaires In The World and the 3 Nigerians Who...

Of the 2,043 people who made it to the 2017 FORBES list of the World’s Billionaires, 10 of them are black, down from 12 a year ago. Nigerian cement tycoon Aliko Dangote is still the...

BREAKING: FG Orders Nigerians Without Meters to Stop Paying Electricity Bills

The Nigerian Electricity Regulatory Commission (NERC) has directed Nigerians who don't have a prepaid electricity meter to stop paying electricity bills. In a statement released on Wednesday, the agency reminded the public that Nigerians who...

Akwa Ibom state government gives traders 31 days ultimatum to reduce prices of foodstuff

The Akwa Ibom State government has issued an order to all the traders in the state to immediately reduce the cost of foodstuff in the market within 31 days. The ordered was issued to...

Naira gains eight points against Dollar

The Naira on Tuesday appreciated to N363 per dollar in the parallel market due to a combination of weak demand and increased dollar supply. Vanguard survey revealed that the parallel market exchange rate dropped to...

EU Rejects Palm Oil, Beans, 22 Other Products From Nigeria

The National Agency for Food And Drug Administration and Control (NAFDAC), says European Union (EU) rejected 24 exported food products from Nigeria in 2016 for failing to meet standards. The NAFDAC spokesperson, Abubakar Jimoh, made...

600 Billion Naira Oil Search In North-east Suffers Major Setback

The Nigerian National Petroleum Corporation (NNPC) oil search in the Northeast on the order of President Muhammadu Buhari is said to have suffered a major setback over the deferment of the return of equipment...

BOOM: 05/06/2017 – Today’s Naira Rate Against Dollars, Pounds and Euros

Today's (05/06/2017) exchange rate of the Nigerian Naira against the Dollar, Pound and Euro

Africa’s Richest Man, Aliko Dangote Now Richer Than Trump, Abramovich, Oprah Put together According...

Aliko Dangote, president of Dangote group, is now richer than Donald Trump, Republican front runner; Roman Abramovich, owner of Chelsea football club and Oprah Winfrey, the richest black woman, put together. Dangote, who came in...

Dollar In Sudden Record Crash Against The Naira …See New Exchange Rate

The dollar yesterday crashed to N368/$ in the parallel market, after over three weeks at N382/$, representing N14 appreciation within the period. The exchange rate, which was confirmed by Aminu Gwadabe, president of the Association...

New Nokia 3310 Now Available In Nigeria …See How Much It Cost

The old reliable Nokia 3310 phone is now back in Nigeria as a modern reimagined handset that would speak for itself. Unlike the old Nokia 3310, the new Nokia came with dual SIM slots and...

31/05/2017 – Today’s Naira Rate Against Dollars, Pounds and Euros

Today's (31/05/2017) exchange rate of the Nigerian Niara against the Dollar, Pound and Euro

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