By Frank Ulom CALABAR (CONVERSEER) – Tricycle operators and vehicle drivers engaged in the distribution of sachet water, popularly known as pure water, in Calabar Metropolis and surrounding communities have threatened to embark on an indefinite strike over what they describe as excessive daily levies imposed by revenue agents in Cross River State. The operators,…
By Our Reporter CALABAR (CONVERSEER) – Cross River State Governor, Senator Prince Bassey Otu, has assured the Manufacturers Association of Nigeria (MAN) of the state government’s readiness to host the association’s 2026 Annual General Meeting (AGM) and Manufacturers’ Summit in Calabar. Governor Otu, represented by his deputy, Rt. Hon. Peter Odey, gave the assurance on…
By Joe Udo TUNIS (CONVERSEER) – Tunisia has announced plans to significantly expand its main international airport in a project estimated to cost about $1 billion, as authorities seek to strengthen the country’s tourism-driven economy. According to the country’s transport ministry, the proposed development will quadruple the airport’s passenger handling capacity as part of broader…
By Our Reporter ABUJA (CONVERSEER) – Nigeria’s Central Bank started 2026 with a careful step, cutting the key interest rate to 26.5 per cent while keeping other measures like the Cash Reserve Ratio and liquidity steady – a sign of cautious steering of the financial system. Governor Olayemi Cardoso pointed to falling inflation, stronger banks,…
New capabilities enable businesses to send and receive payments across 170+ countries faster and more affordably LAGOS (CONVERSEER) — Grey, a provider of cross-border payments solutions, has expanded its business banking offering to include USD business accounts, bulk payments, and USDC stablecoin support on a single platform. The expanded offering is designed to help businesses…
By Joe Udo LAGOS (CONVERSEER) – Guinness Nigeria Plc spent a total of N500.33bn on operational costs during the eighteen-month period ended December 31, 2025, as inflationary pressures sharply raised the cost of goods and services across Nigeria. The operational expenditure amounted to 140.67 per cent of the company’s total revenue of N703.8bn recorded during…
…says it’s not a loan company, warns against unauthorised use of its brand assets LAGOS (CONVERSEER) – PalmPay, a licensed Money Mobile Operator in Nigeria, has disclaimed a viral video circulating on social media where a student of Ogun State Institute of Technology (OGITECH), Igbesa, was arrested for allegedly defaulting on his loan refund. The…
In an economy shaped by constant shifts, the edge often belongs to those with the right information By Our Reporter LAGOS (CONVERSEER) – On Wednesday, February 25, 2026, Alpha Morgan Bank will host the 19th edition of its Economic Review Webinar, a high-level thought leadership session designed to equip businesses, investors, and individuals with timely…
By Our Reporter LAGOS (CONVERSEER) – The Nigerian naira has extended its gain against the American dollar at the official window on Wednesday, 11 February 2026. At the official window, the Central Bank of Nigeria (CBN) foreign exchange data showed that the naira closed at N1,348.95/$1, compared to N1,351.02/$1 it traded on Tuesday. This represents…
By Babajide Okeowo LAGOS (CONVERSEER) – The Nigerian currency, the naira, extended its recovery against the American dollar at the official window on Thursday. At the official window, the Central Bank of Nigeria (CBN) foreign exchange data showed that the naira closed at N1,396.99/$1 on Wednesday, compared to N1,400.47/$1 it traded on Wednesday. This represents a…
