Naira sheds N9 to trade N1,667/$ at official window

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The naira shed N9 against the American dollar at the official window on Wednesday. Data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) showed that...

Nigerian Govt announces date for commencement of new minimum wage as labour expresses disappointment

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The Federal Government has announced that the payment of the new minimum wage will commence from July 2024, contrary to earlier promises. Ekpo Nta, Chairman...

CBN boosts forex market with sale of $20k to BDCs

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The Central Bank of Nigeria (CBN) has approved another sale of foreign exchange to eligible Bureau De Change (BDC) operators at N1,590 per dollar...

Nigerian govt raises corps members’ allowance to N77,000

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The Federal Government has increased the monthly allowance of the National Youth Service Corps (NYSC) members to N77,000. The NYSC’s Acting Director of Information and...

Man Utd held to draw by Twente in Europa League opener

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Manchester United were held to a 1-1 draw by Twente in their Europa League opener on Thursday night. More to follow… The post Man Utd held...