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

FG Urges States To Comply With Payment Of N70,000 Minimum Wage 

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The Federal Government has appealed to state governments yet to comply with the new National Minimum Wage Act and commence paying the new N70,000...

Moniepoint Joins Africa’s Unicorn Club After Raising $110m From Google, DPI

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Moniepoint Joins Africa's Unicorn Club After Raising $110m From Google, DPI

Moniepoint, a leading Nigerian fintech company, has secured $110 million in funding from prominent investors, including Google and Development Partners International (DPI). The nine-year-old startup...

We’re Experiencing Low Patronage At Filling Stations, Petrol Marketers Cry Out 

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With the price of a litre of petrol now above ₦1,000 in most filling stations across Nigeria, petrol marketers have lamented low patronage at...

We’ve No Hand In Nigeria’s Fuel Subsidy Removal, Says IMF 

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Climate Change And Floods Will Increase Food Prices – IMF

The International Monetary Fund (IMF) clarified that it was not behind Nigeria’s recent removal of fuel subsidies, a decision made independently by the Nigerian...

BVN Platform For Nigerians In Diaspora Ready By December – CBN

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CBN Imposes N150m Fine On Banks Distributing New Notes To Hawkers

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has said the bank verification number (BVN) platform will be launched by December...

IMF Says Naira Showing Signs Of Stability 

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 The International Monetary Fund (IMF) has said Nigeria’s currency, the naira, is showing signs of stability. This, it said, is due to recent interest rate...

N200/SCM Vs N1,000/Litre Petrol: Tinubu Introduces CNG As Cheaper Alternative To Petrol

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Declare State Of Emergency On Southern Routes, CSG Urges Tinubu

President Bola Tinubu says Nigerian motorists now have the option of buying fuel at N1,000 per litre or gas equivalent at N200 per Standard...

Air Peace Raises One Way Ticket From Lagos To Abuja To 200k

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Air Peace Applauds Tinubu’s Support Over Crashed London Fares To $3,000

From November 1, 2024, a one-way flight ticket from Lagos to Abuja on Air Peace is to hit N200,000. The harsh economy has been affecting...

NERC Explains Reason For Saturday’s Grid Collapse 

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Presidency Set To Settle N2tn Power Debt

The Nigerian Electricity Regulatory Commission has revealed that Saturday’s grid collapse was a result of a current transformer explosion. For the third time in one...

International Trips: Tinubu, Shettima’s Absence Fiscal Irresponsibility — Obi 

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The Labour Party, LP, presidential candidate during the 2023 elections, Peter Obi, has described the foreign trips embarked upon by both President Bola Tinubu...

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