Latest updates in Business.
• Warns rejection violates CBN Act, undermines confidence in national currency James Emejo in Abuja Central Bank of Nigeria (CBN), yesterday, reaffirmed that the st...
By Adeyinka Salami
Wale Igbintade A Federal High Court in Lagos has nullified the N60 billion sanction imposed by Advertising Regulatory Council of Nigeria (ARCON) on Facebook Nigeria Opera...
By Adeyinka Salami
• Exports rise to 14.8m tonnes, Nigeria remains world’s 7th largest exporter •Africa posts 39.8m tonnes of exports, eyes 121.1 mtpa of new liquefaction capacity Emm...
By Adeyinka Salami
Peter Uzoho in Abuja German Ambassador to Nigeria and ECOWAS, Annett Günther, has disclosed that Nigeria lost an estimated $1.5 billion to gas flaring in 2024 after burni...
By Adeyinka Salami
Kayode Tokede The Nigerian stock market for the third consecutive trading session this week has appreciated by N8.49trillion over investors’ demand for highly...
By Adeyinka Salami
Technology-driven credit rating agency, DataPro, has upgraded the long-term credit rating of Dangote Cement Plc to AA+ from AA, citing the company’s sustained finan...
By Adeyinka Salami
The founder of the Initiative for Peace, Forgiveness and Love for One Another (IPFLOA), Kingsley Atoe, has urged Nigerians to embrace love, tolerance and peaceful coexist...
By Adeyinka Salami
Ace Nollywood producer, Funke Akindele has shared details of the numerous jobs she did to support herself as a student at the University of Lagos, including a painful exp...
By [email protected]
The commission said enforcement would take effect from 1 August, adding that non-compliant customers and companies would be subject to sanctions prescribed by law.
By Omotoyosi Idowu
If you’re building a neobank in Africa or any emerging market, you already know the dream and the nightmare are running on the same track. The dream: become the fin...
By Agency Report
Iyke Bede Rixel Studios has unveiled its latest feature film, ‘Black Market,’ a new Nollywood production starring Lateef Adedimeji and Linda Ejiofor-Suleiman,...
By Ima Ekanem
A pregnant woman unexpectedly gave birth to a baby boy after going into labour while shopping for baby items at the popular Gbagi Market in Ibadan, Oyo State. The inciden...
By Onuado Cynthia
The House of Representatives has called on the federal government to end the rehabilitation and reintegration of repentant terrorists, kidnappers and bandits, while deman...
By James Kwen
By Kingsley Omonobi The Nigerian Navy has intensified its crackdown on crude oil theft under Operation Delta Sentinel, uncovering an illegal crude oil storage network and...
By Nwafor
By Obas Esiedesa, Abuja The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has formally presented Petroleum Prospecting Licences (PPLs) to successful bidders i...
By Nwafor
Polytope Labs launches HyperFX, a fully onchain FX engine that swaps currencies in stablecoins in seconds, verifiable onchain, starting with the naira via cNGN
By Press Release
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has formally executed concession contracts for 19 Petroleum Prospecting Licences (PPLs) awarded to 12 succes...
By Nse Anthony-Uko
The Naira on Wednesday further depreciated at the official market, trading at N1,379.06 per dollar. Data from the official website of the Central Bank of Nigeria (CBN) re...
By Akinbayo Wahab
CBN warned that such action constitutes a violation of the provisions of the CBN Act and undermines confidence in the national currency.
By Omotoyosi Idowu
By Ikechukwu Nnochiri ABUJA — The Economic and Financial Crimes Commission (EFCC), on Wednesday, arraigned the former Managing Director of Port Harcourt Refining Company ...
By Nwafor
The National Pension Commission (PenCom), said it is deepening engagement with Nigeria’s capital market to leverage the pension industry’s largest pool of passive long-te...
By Olushola Bello
By Ben Ngwakwe, Gombe The Gombe State Police Command has dismantled an eight-member criminal syndicate allegedly involved in armed robbery and cyber fraud, rescued an abd...
By Nwafor
The 1st Defendant, Dr. Ahmad Abubakar Gumi, was described in court documents as "a person of influence who holds himself out as a religious leader".
By Sahara Reporters
…Projects Nigeria’s GDP at 4.1% in 2026, 4.3% in 2027 …Cuts global growth forecast to 3.0% for 2026 …Says improved macroeconomic stability supports Nigeria’s ...
By Nwafor