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Business

Akwa Ibom House of Assembly

Assembly passes motion to regulate dispatch services

Isa Isawade

5 days ago

According to him, there are issues of insecurity, revenue leakages, and unfair competition, arising from the activities of unregistered operators.
IMF commends Nigeria’s reforms, urges sustained efforts on poverty, Inflation

IMF commends Nigeria’s reforms, urges sustained efforts on poverty, Inflation

Ayorinde Oluokun

5 days ago

According to the IMF, Nigeria’s economic reforms have delivered stronger macroeconomic outcomes in spite of persistent social challenges
FCCPC shuts CASCO Electronics over consumer complaints

FCCPC shuts electronics company over consumer complaints in Lagos

Ayorinde Oluokun

6 days ago

FCCPC said during the enforcement that the action followed a complaint lodged with the commission on Jan. 16, 2025, concerning…
FCMB

FCMB unveils digital tool to end payment delays for businesses

Kazeem Ugbodaga

7 days ago

To help Nigerian businesses combat payment delays and optimize cash flow, FCMB Collect continues to serve as a vital digital payment and…
Naira

Naira remains strong against British pound, trades at N1,823/£1

Femi Fabunmi

7 days ago

The Nigerian naira continued to gain strength against the British pound in the foreign exchange market.
Payaza

Payaza gets ‘A’ credit ratings from Moody’s, Agusto, DataPro, Intelligence Africa

Michael Adesina

1 week ago

Payaza Africa Limited, a leading payments infrastructure company, has earned strong credit ratings from four major rating agencies, reinforcing its…
Sugar: LCCI urges review of SSB tax bill, warns of impact

LCCI, CPPE fault SSB tax bill, highlight dangers to manufacturing sector

Ayorinde Oluokun

1 week ago

According to them, imposing additional taxes on the non-alcoholic beverage subsector would increase production costs, raise consumer prices, weaken demand,…
gas

Rising gas prices force Abuja residents to traditional fuels

Isa Isawade

1 week ago

Industry operators have attributed the increase to supply shortages, higher depot costs, foreign exchange pressures, and rising transportation expenses.
CBN commits to deepening engagement as Nigeria progresses toward a fully-fledged Inflation Targeting (IT) monetary policy regime.

CBN tightens forex oversight, hits banks with N100m fine

Femi Fabunmi

1 week ago

CBN tightens forex oversight, hits banks with N100m
Stock Market

After four days of pain, Stocks deliver N234bn relief

Kazeem Ugbodaga

1 week ago

The Nigerian stock market staged a modest recovery on Friday, with investors gaining N234 billion as renewed buying interest reversed…
CBN

CBN data shows naira continues recovery with third consecutive gain

Femi Fabunmi

2 weeks ago

The Nigerian naira continued to strengthen against the United States dollar on Wednesday, marking its third consecutive day of appreciation…
FCMB

Youth in Agribusiness Land Trust Fund targets 500,000 young entrepreneurs

Kazeem Ugbodaga

2 weeks ago

The Federal Ministry of Youth Development (FMYD), in partnership with the International Institute for Tropical Agriculture (IITA), has launched the…
Family Business Summit 2024 to host over 150 leading Nigerian family businesses

Over One million businesses benefit as DBN reaches N1 trillion lending milestone

Femi Fabunmi

2 weeks ago

The Development Bank of Nigeria (DBN) has provided more than N1 trillion in loans to over one million micro, small…
AfDB

REVEALED: Shocking reasons Nigerian businesses can’t get loans from banks

Femi Fabunmi

2 weeks ago

Nigeria’s banks provide loans to businesses worth only 9.4% of the country’s Gross Domestic Product (GDP), according to the African…
CBN

Nigeria’s external reserves rise by $1.22 billion in May

Femi Fabunmi

2 weeks ago

Nigeria’s external reserves increased by about $1.22 billion in May 2026, reaching $49.58 billion by May 29, according to data…
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