BUSINESS
Naira Holds Strong As February Opens: Stable Start Signals Confidence In Nigeria’s FX Market
The Nigerian Naira began the first trading week of February 2026 on a stable note, holding firm within the ₦1,390 range in the official...
Banks Shift Focus To Services Sector As Industry Credit Declines — CBN Report
Banks in Nigeria are increasingly channeling their lending activities toward the services sector, leaving the industrial sector with a shrinking share of total credit,...
BREAKING: Senate Passes N13.5trn 2021 Budget
The Senate at a special plenary on Monday passed the 2021 budget totalling N13.5trn. The fiscal document is predicated on oil benchmark $40 per barrel,...
VIPs In Lagos, Abuja Responsible For Oil Theft In Niger Delta — Sen. Dickson
Senator Seriake Dickson representing Bayelsa West said some very important personalities (VIPs) from Lagos and the Federal Capital Territory, Abuja, are behind oil theft...
UK Uncovers Fresh $23.4m Abacha Loot
The National Crime Agency (NCA) in the UK says it has recovered $23,439,724.98 loot believed to have been siphoned out of Nigeria in the 1990s by the associates and family of former Head of State, General Sani Abacha. According to a communique issued...
Hadi Sirika’s Nigeria Air Deal Under Investigation By EFCC — Keyamo
The Economic and Financial Crimes Commission (EFCC) is investigating the controversial Nigeria Air deal sealed by the Federal Government during the tenure of ex-Aviation...
NDIC Lists Heritage Bank’s Head Office For Sale
The Nigeria Deposit Insurance Corporation has listed the head office in Lagos and branches of failed Heritage Bank across the country for sale in...
Abia Inland Revenue Agency Bars Erondu From Collecting Unified Emblem Levies
The Abia State Internal Revenue Service has barred Elder Azubuike Ihuoma Erondu, from collecting revenues accrued from Unified Emblem levies. This is contained in a letter dated June 23, 2022, signed by the Acting Chairman/Chief Executive of the Serv...
Ikpeazu Orders Closure Of Scrap Markets In Abia Central, North, Sets Up Enforcement Committee
Abia State Governor, Dr Okezie Ikpeazu, has directed the closure of all scrap and waste markets in both Abia Central and Abia North senatorial zones of the state with immediate effect, till further notice. He had earlier instructed that similar marke...
Nigerian Food Market Hits $233.53bn At 10.76% Annual Growth Rate
•As 2026 agrofood confab attracts 137 exhibitors from 17 countries The Nigerian food market has been estimated to be around $233.53 billion in 2025, with...
