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Business

APC

APC, Vietnam join forces as Bilateral Trade hits $1 billion milestone

Kazeem Ugbodaga

3 months ago

The APC National Chairman further highlighted the economic progress being made under the current administration, stating that "the country's macroeconomic…
Naira strengthens further at official FX market

Four-Day Rally: Naira gains ₦35 against dollar at official market

Femi Fabunmi

3 months ago

Overall, the recent appreciation of the Naira at the official market may signal improving confidence in Nigeria’s financial system, although…
CBN

New CBN Rule: Your banking app can only work on one phone

Femi Fabunmi

3 months ago

The Central Bank of Nigeria (CBN) has announced that mobile banking apps in Nigeria will only be allowed to work…
Naira

Naira gains, ends week on positive note

Paul Dada

3 months ago

The Nigerian currency had recorded steady appreciation during the week amid sustained market activity and foreign exchange supply.
Stronger reserves and sweeping FX reforms are giving CBN room to stabilise the naira, protect investment flows and domestic production

Why the CBN Is Managing the Naira’s Rise Carefully

Ayorinde Oluokun

3 months ago

Many observers assume that policymakers should celebrate a sharply rising currency. A stronger naira reduces the cost of imports and…
OPay

OPay opens up on reports of Lagos, Abuja office closure

Oluwapelumi Oluwayemi

3 months ago

The company described the claims circulating on social media and online platforms as false and misleading, insisting that its offices…
Best Crypto Payment Gateways in Egypt

Best Crypto Payment Gateways in Egypt

Ayorinde Oluokun

3 months ago

When picking a crypto payment gateway, think about what really matters for your business. Consider fees, speed, which currencies are…
Concerned Northern Forum kicks against redesigning of naira notes

Naira appreciates to ₦1,376/$ at official market

Oluwapelumi Oluwayemi

3 months ago

Figures published on the CBN’s website showed that the local currency gained ₦25.20 against the dollar at the Nigerian Autonomous…
gas

Middle East war causes acute gas crisis in India

Isa Isawade

3 months ago

The Asian country is grappling with an LPG crisis that has sent prices soaring and sparked panic buying of both…
FCMB

FCMB hits ₦500bn Capital Mark, Retains International Banking Licence

Kazeem Ugbodaga

3 months ago

In July 2024, FCMB raised ₦144.6 billion through a public offer that was oversubscribed by 33 per cent and attracted…
Petrol

JUST IN: Relief as Dangote Refinery slashes Petrol Price by N100

Kazeem Ugbodaga

3 months ago

The refinery also adjusted the price for petrol supplied through coastal distribution to ₦1,050 per litre, reflecting the slight difference…
UCIF

United Capital Infrastructure Fund posts ₦3.06bn Income, delivers 24.62% Return

Kazeem Ugbodaga

3 months ago

During the 2025 financial year, the fund further strengthened its governance structure by appointing four experienced professionals to its Investment…
Parallex Bank Limited

Parallex Bank successfully completes recapitalisation, positions for accelerated growth

Michael Adesina

3 months ago

Parallex Bank Limited has successfully completed the recapitalisation requirement of the Central Bank of Nigeria, surpassing the ₦50 billion minimum…
Naira

War: Naira falls to ₦1,425/$ as Middle East crisis triggers Investor exit

Femi Fabunmi

3 months ago

Analysts from Financial Derivatives Company and Cowry Asset Management also noted that the weakening of the naira across both the…
Dangote

Nigerian Business Tycoon Dangote emerges Africa’s Richest Man yet again

Kazeem Ugbodaga

3 months ago

The 2026 Forbes list places Dangote’s net worth at about $28.5 billion, keeping him firmly at the top of Africa’s…
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