Wisdom 
The stock market started the year on a strong note, delivering an impressive N155 billion profit to investors on the first trading day. The positive performance was driven primarily by gains in Tier-one banking stocks, namely, Zenith Bank, United Bank for Africa (UBA) and FBN Holdings, Access Corporation, among other equities. Specifically, the market capitalisation, … Read more
The naira began the new year trading at a stable rate across various foreign exchange (FX) markets, maintaining a relatively consistent performance as observed on Thursday. At the official market, also known as the Nigerian Foreign Exchange Market (NFEM) the currency opened at N1,538.50 to the dollar, as reported by data from the Central Bank … Read more
With just five months to hit his midterm, Gov. Umo Eno has announced that he would be holding 10 town hall meetings and three summits in 2025 to obtain feedbacks and generate new ideas to reset his policy thrusts. The town halls will hold in the 10 federal constituencies of the state while the summits … Read more
In a move to safeguard the future of Nigeria’s youth, MTN has unveiled an in-depth study aimed at addressing the alarming online risks faced by the over 70 per cent Nigerian children who have access to the internet. The report titled: “Let Children Be Children” highlights the alarming risks children face in the digital space, … Read more
In a move to bolster its operations and drive expansion, Presco Plc said it is raising N100 billion bond issuance under its N150 billion bond programme. This was contained in the company’s notice to the Nigerian Exchange Limited. Presco stated that the initiative has received the necessary approvals from the company’s board of directors and … Read more
Senator Augustine Akobundu Foundation has targeted 1,000 youths in Abia Central district for a digital skill technology training programme next year. Senator Austin Akobundu (Abia Central), stated this at the end of a 6-week training programme for 186 youths from the district and beyond in Umuahia, the state capital. The foundation financier charged the graduates … Read more
The 2023 governorship candidate of the Labour Party (LP) in Lagos State, Gbadebo Rhodes-Vivour, says the reforms introduced by President Bola Tinubu are not beneficial to Nigerians. He argued that the majority of Nigerians have been plunged into hardship and suffering as a result of the reforms introduced by President Tinubu since assuming power in … Read more
Rinehooke Limited, in partnership with Cross River State have advanced the $350 million Grand Litora Railway Project to boost tourism and connectivity. The ambitious $350 million Grand Litora Railway project, a transformative initiative to connect all major cities in Cross River State, achieved another significant milestone with the presentation of the topographical mapping for the … Read more
The Nigerian Custom Service, has seized 12 containers laden with illicit drugs with duty paid value of over N20.3 billion at the Onne Port in Rivers State. Briefing journalists at Onne yesterday, the Customs Area 2 Comptroller, Mohammed Babandede, said contained 1,721,100 bottles of 100ml Cough Syrup Codeine, 510,000 tablets of 50mg Really Extra Diclofenac … Read more
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 swap your dollar for Naira at these rates. How much is a dollar to naira today in the black market? … Read more