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Business News; Tracks, records, analyzes, and interprets the business, economic and financial activities, and changes that take place in societies.

UAE Extends Grace Period For Residency Visa Violators

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Federal Authority for Identity and Citizenship extends the period of exemption for being fined until December 31 The UAE on Tuesday announced an extension to...

Nigeria To Commence Local Manufacturing Of Vehicle Next Year — Minister

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The Minister of Industry, Trade and Investment, Doris Uzoka-Anite, says Nigeria is ready to commence local automobile manufacturing before the end of the year. At...

SEC Issues Warning On Ponzi Schemes, Urges Public Vigilance

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SEC Issues Warning On Ponzi Schemes, Urges Public Vigilance

The Securities and Exchange Commission (SEC) has reiterated its warning about the dangers of Ponzi schemes, emphasizing their destructive effects on investor confidence, financial...

Dollar To Naira Exchange Rate Today, March 4, 2026

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Dollar To Naira Exchange Rate Today, June 4, 2026

The Nigerian Naira experienced a period of controlled volatility against the US Dollar on Wednesday, March 4, 2026, as the Nigerian Foreign Exchange Market...

Fuel Subsidy Removal: We Must Undergo This Pain To Emerge Victorious, Says Soludo

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Governor Chukwuma Soludo of of Anambra state, has described the removal of fuel subsidy as a pain Nigeria must undergo before it will emerge...

Nigeria’s Money Supply Drops Sightly To N123trn

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Economic Crunch: Many Employers Now Prefer Commission-Based Salaries

…as currency outside bank drops 3% •Credit to govt, private sector shrinks Nigeria’s money supply (M²) fell by 0.8 percent month-on-month (MoM) to N123.4 trillion in...

CBN denies prohibition on domiciliary accounts deposits

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The Central Bank of Nigeria, CBN has said that it has not prohibited the acceptance of foreign currency cash deposits by Deposit Money Banks. In...

Dangote Refinery Reduces Petrol Price To N890 Per Litre, Offers Relief To Nigerians

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Dangote Unveils Nationwide Petrol Distribution

In a move expected to ease the financial burden on Nigerians, Dangote Petroleum Refinery has announced a reduction in the ex-depot price of Premium...

VIDEO: Ohafia Traditional Rulers Council Unveils Economic Development Masterplan

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VIDEO: Ohafia Traditional Rulers Council Unveils Economic Development Masterplan

In a groundbreaking move, the Ohafia Traditional Rulers Council (Nde Eze Ohafia) has launched a comprehensive economic development package aimed at transforming Ohafia Local...

My Position On Maintenance Of Moribund Refineries Not A Criticism Against Buhari — Gov. Sule

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Nasarawa State Governor, Abdullahi Sule, has denied criticising former President Muhammadu Buhari for not making the nation’s refineries functional during his administration. In a statement...

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