•Dollar and Naira notes Latest available official data from the Central Bank of Nigeria (CBN) showed that the naira traded approximately ₦1,373.25 per dollar at the Nigerian Foreign Exchange Market (NFEM) today, maintaining the level recorded at the close of the previous trading sessions. The rate reflects the volume-weighted average exchange ...
•Dollar and Naira notes The most recent rate of the naira stood at ₦1,373.25 per dollar in the official Nigerian Foreign Exchange Market (NFEM) today, according to data published by the Central Bank of Nigeria (CBN). Market data trackers also showed the naira trading around the ₦1,370–₦1,372 range against the dollar in official market transact...
•Crude oil pipeline Aviation Safety Roundtable Initiative (ASRTI) has called on the federal government to adopt a fuel-for-stability programme that will allocate crude oil directly to local refiners to produce aviation fuel. The group said it would eliminate the alleged N60 billion subsidy scheme to the airlines and provide lasting relief to N...
•Union Bank, Polaris, Keystone Union Bank of Nigeria (UBN), Polaris Bank and Keystone Bank may have been granted a leeway by the Central Bank of Nigeria (CBN) to complete their recapitalisation. Sources said the apex bank arrived at a conclusion to allow the ‘managed’ banks to complete the process under a regulatory window of three […]...
•Naira and Dollar notes Naira closed at ₦1,373.25 per dollar on May 29, according to the latest available official rate at the start of trading on June 1. Data published by the Central Bank of Nigeria showed that the official Nigerian Foreign Exchange Market (NFEM) exchange rate noted that the market recorded a high of […]
Dangote Industries Limited has emerged as the continent’s Most Admired African Brand for the eighth consecutive year. The recognition was announced at the 16th annual Brand Africa 100: Africa’s Best Brands rankings, unveiled in Addis Ababa, Ethiopia, according to a statement by the company. The survey, regarded as Africa’s most comprehensive c...
A severe domestic energy crisis is forcing millions of households across Nigeria to abandon clean energy alternatives and revert to primitive cooking fuels. Driven by an unprecedented surge in the prices of Liquefied Petroleum Gas, LPG, commonly known as cooking gas, and kerosene, many families in both rural and urban areas are returning to fi...
•Nigeria Governors’ Forum The Chairman of the Nigeria Governors’ Forum and Governor of Kwara State, AbdulRahman AbdulRazaq, said state governors are considering a new national minimum wage of N100,000 amid rising economic hardship in the country. AbdulRazaq disclosed this in a Facebook post today, noting that the proposal was driven by inflati...
Lagos is known as the commercial capital of Nigeria, however, building houses in the city is a complicated process full of permits, levies and different charges from various government agencies. This article examines how these multiple regulatory fees are discouraging investment in housing and making accommodation increasingly unaffordable fo...
The Association of Point of Sale Service Providers (POS) may suspend and cripple banking operations in the country if the Central Bank of Nigeria (CBN) and the Federal Competition and Consumer Protection (FCCPC) fail to immediately intervene in the alleged exclusivity practice by Verve International and Interswitch Limited. The association mad...
The Frontier is Nigeria’s leading online newspaper. It is published by Okims Media Links Limited headed by Sunny Okim, a veteran journalist who is widely known as The Grandmaster, fondly called so by colleagues and friends for being Nigeria’s pioneer movie journalist.
© 2026 The Frontier, Published by Okims Media Links Limited.
designed by winnet services
