In a remarkable turn of events, Nigerian equities witnessed a significant rally, soaring by an impressive 5.2% following the inauguration speech of President Tinubu. This unexpected surge has caught the attention of analysts, who have promptly labeled it a "TinuBULL" - a play on words to reflect the...
In a plea laden with urgency, ride-hailing drivers in Nigeria have come together, beseeching app-based transport giants like Uber, Bolt, Lagride, Indriver, and others, to swiftly reevaluate their pricing structures with an upward revision of a staggering 200%, while simultaneously establishing a minimum trip fare of N2,000.Representing a united front on Friday, these drivers, operating under the b...
The Central Bank has come out to debunk the news circulating that it has devalued the naira.A statement signed by the Acting Director Corporate Communications, Isah AbdulMumin, said that the dollar traded at N465/$1 contrary to reports.The statement reads, “We wish to state categorically that this news report, which in the imagination of the newspaper is exclusive, is replete with outright false...
