Business and Economy
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CBN extends FX sale period to BDCs
By Grace Alegba Lagos, Feb. 3, 2025 The Central Bank of Nigeria (CBN) has extended the Foreign Exchange (FX) sale…
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SHIN visits NCDMB, gets assurances of support for oil industry projects
The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe on Friday received a…
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NCDMB ES, SPDC officials visit Brightwaters Energy, laud firm’s capabilities for industry projects
The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe, in company with senior…
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Access Bank appoints Uche Orji as Non-Executive Director
Mr. Uche Orji By Grace Alegba Lagos, Feb. 1, 2025 Access Holdings Plc has announced the appointment of Mr. Uche…
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U.S. President Trump to hit Canada, Mexico with 25% tariffs today, Saturday
Washington, Feb. 1, 2025 The United States is set to introduce tariffs of 25 per cent on goods from Mexico…
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CBN approves listing of CFA on NXP forms for export repatriation proceed
By Vivian Emoni Abuja, Jan. 31, 2025 The Nigeria Export Promotion Council (NEPC) says that Central Bank of Nigeria (CBN)…
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No better time than now for 24-hr port operations – Ministers, others
….It will help realisation of $1 trillion economy by 2031, says FIRS chairman There can be no better time than…
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Market capitalisation gains N347bn as FCMB lists 19.803bn shares
By Rukayat Adeyemi Lagos, Jan. 30, 2025 The Nigerian stock market maintained its upward momentum on Thursday, driven by the…
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Illegal mining: Ex-NYSC DG bombs Oshiomhole; Says ‘Stop destroying our reputation’
…Demands retraction of allegation A retired military officer, and former Director General of the National Youth Service Corps (NYSC), Major-General…
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Inclusion: Fintech startups must think outside the box – PalmPay Executive
By Funmilola Gboteku Lagos, Jan. 27, 2025 Financial technology (Fintech) is shifting into high gear in 2025, with the industry…
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Don’t invest in Risevest, Stecs cooperative societies, SEC warns
By Rukayat Adeyemi Jan. 26, 2025 Securities and Exchange Commission (SEC) has warned the public against engaging in any investment-related…
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CBN governor announces new compliance department, projects 4.17% GDP
Some dignitaries during the launch of 2025 Macroeconomic Outlook Report, titled “Stabilisation in Transition: Rethinking Reform Strategies for 2025 and…
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Stock market closes mixed as Lasaco lists 9.25bn shares
By Rukayat Adeyemi Lagos, Jan. 23, 2025 The equities market closed on a mixed note on Thursday following the listing…
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NGX Invest: Stanbic IBTC launches N148.7bn Rights Issue
By Rukayat Adeyemi Lagos, Jan. 21, 2025 Stanbic IBTC Holdings Plc, on Tuesday, launched its N148.7 billion rights issue on…
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Afreximbank receives AAA/Stable rating from China Chengxin International Credit Rating Co.
CAIRO, Egypt, January 20, 2025 China Chengxin International Credit Rating Co. Ltd (CCXI) has assigned an ‘AAA/Stable’ rating to African…
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Bitcoin hits all-time high driven by Trumpmania
By David Anthony and Great Ebube Washington, Jan. 20, 2025 Bitcoin, the world’s largest cryptocurrency hits an all-time high of…
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Bank shares and bank Tzars By Lasisi Olagunju
Monday, 20 January, 2025 Some 15 years ago, millions of poor Nigerians were conned into borrowing to buy bank…
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Shettima departs for Davos to attend 2025 World Economic Forum
By Salisu Sani-Idris Abuja, Jan. 19, 2025 Vice-President Kashim Shettima has departed Abuja to represent Nigeria at the 2025 annual…
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Nigeria accepts invitation to join BRICS as a partner country
By Fortune Abang Abuja, Jan. 18, 2025 The Ministry of Foreign Affairs announced on Saturday that Nigeria has accepted the…
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Prosper Africa, Afreximbank announce new partnership to mobilize trade opportunities between the U.S. and Africa
Washington, DC, January 17, 2024 Prosper Africa and African Export-Import Bank (Afreximbank) have signed a new Memorandum of Understanding (MoU)…
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Rivers oil community residents lament as oil firms deny spill that triggered ongoing inferno
Residents of Agum-Bukuma in the Degema Local Government Area of Rivers are lamenting the adverse effect of a raging fire…
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Dabiri-Erewa applauds Cardoso on launch of Non-Resident Nigerian accounts
Abuja, Jan. 16, 2025: Hon. Abike Dabiri-Erewa, Chairman/CEO, Nigerians in Diaspora Commission (NiDCOM), has lauded Mr. Olayemi Cardoso, Governor, Central…
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Depot price hike: Marketers jostle to join Ardova, Heyden in Dangote Refinery bulk-purchase incentives … for competitive pump price
Attracted by the bulk-purchase agreement incentives being offered by the Dangote Petroleum Refinery, more oil marketers in the country are…
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FAAN needs N580b to rehabilitate nation’s runways – MD
By Itohan Abara-Laserian The Managing Director, Federal Airports Authority of Nigeria (FAAN), Mrs. Olubunmi Kuku, and the Permanent Secretary,…
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Trump close confidant, Elon Musk, sued by U.S. SEC over Twitter takeover
Washington, Jan. 15, 225 The U.S. Securities and Exchange Commission (SEC) on Tuesday said it was suing tech billionaire, Elon…
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