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

Pound To Naira Exchange Rate Today, June 16, 2026

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Pound To Naira Exchange Rate Today, June 16, 2026

The Nigerian naira traded mixed against the British pound sterling on Tuesday, June 16, 2026, across the official Nigerian Foreign Exchange Market (NFEM) and...

Naira Down To N1,400/$ In Parallel Market

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Naira Down To N1,400/$ In Parallel Market

The Naira yesterday depreciated to N1,400 per dollar in the parallel market from N1,390 per dollar last weekend. However, the naira appreciated to N1,356 per...

China Opposes US Blacklist Of Alibaba, Baidu, Others

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Alibaba To Raise $10bn Through Share Sale To Scale AI Investments

Beijing said on Tuesday it “firmly opposed” the US blacklisting of Chinese companies after Washington added tech giants Alibaba and Baidu to a list...

Dollar To Naira Exchange Rate Today, June 9, 2026

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Dollar To Naira Exchange Rate Today, July 27, 2026

The Nigerian naira traded relatively stable against the United States dollar on Tuesday, June 9, 2026, across both the official Nigerian Foreign Exchange Market...

“Nigeria Can’t Achieve Building a $1tn Economy On Outdated Data”—Speaker Abbas

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"Nigeria Can’t Achieve Building a $1tn Economy On Outdated Data"—Speaker Abbas

The Speaker of the House of Representatives, Tajudeen Abbas, on Monday said Nigeria cannot achieve its ambition of becoming a $1 trillion economy without...

Equity Investors Lose N4.9trn, As market Uptrend Reverses

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Stock Market Losses N1.9trn To Profit-Taking

The Nigerian stock market reversed its upward trajectory last week with investors losing over N4.915 trillion of their investment listed on the Nigerian Exchange...

FG Debt Repayments Surpasses 2025 Budget Allocation By Nearly N2tn

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FG’s Debt Interest Rises By 124% Above Total Revenue

Federal government debt repayments exceeded the 2025 amended budget allocation by N1.90tn in the first nine months of the year, fresh data from the...

CBN Unveils New FX Guidelines, Approves Cash Movement Of $50,000

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CBN Warns Banks, Fintechs Over Cyber Risks

The Central Bank of Nigeria (CBN) has issued fresh Foreign Exchange Guidelines which provides that an individual can move cash of up to $50,000,...

Dollar To Naira Exchange Rate Today, June 4, 2026

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Dollar To Naira Exchange Rate Today, June 4, 2026

The Nigerian currency traded within a relatively stable range against the United States dollar on Thursday, June 4, 2026, as the gap between the...

Naira Now N1,398 /$ In Parallel Market

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Dollar To Naira Exchange Rate Today, July 27, 2026

The Naira yesterday depreciated to N1,398 per dollar in the parallel market from N1,385 per dollar on Tuesday. But the naira appreciated to N1,360 per...

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