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

Dollar To Naira Exchange Rate Today, February 12, 2026

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Dollar To Naira Exchange Rate Today, September 11, 2026

The Nigerian Naira maintained its robust stance against the United States Dollar on Thursday, February 12, 2026, as the local currency hit a two-year...

CBN To Supply Forex To Banks Only

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The Central Bank of Nigeria, CBN has announced that Forex will only be supplied to banks as all sales to Bureau De Change operators...

Abia State Proposes N750.3 Billion Budget For 2025

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Governor Otti Presents Abia State’s 2025 Budget Of Sustained Momentum

Governor Alex Otti has presented the 2025 Budget of Abia State to the House of Assembly, proposing a total outlay of N750.3 billion, a...

Manufacturing’s Share Of Capital Inflows Shrinks To 2.76%

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Manufacturing’s Share Of Capital Inflows Shrinks To 2.76%

…Despite 132% surge in total importation Capital inflows into Nigeria’s manufacturing sector suffered a sharp decline in the first nine months of 2025 (9M’25), even...

Naira Appreciates To N1,396/$ In Parallel Market

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Naira Rises, Now N1,370/$ In Parallel Market

THE Naira yesterday appreciated to N1,396 per dollar in the parallel market from N1,400 per dollar last Thursday. However, the naira depreciated to N1,389 per...

We’ve Not Seen Reflection Of Uzodimma’s N40,000 Minimum Wage Increase, Imo Workers Cry Out

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Imo Governor Uzodimma Takes a Stand Against FGM After UNICEF Report

Imo state workers on Saturday complained that there was no increment in their salaries as promised by the Governor of the state, Hope Uzodimma. They...

FG Approves Seme Border Reopening For Vehicle Importation

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Director of Road Transport in the Ministry of Transportation, Ibrahim Musa, yesterday, disclosed that the Federal Government has approved the re-opening of the Seme...

Financial Institutions Race To Meet CBN Deadline On New Cyber-Security Standard

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FG Increases Domestic Borrowing By 241%

Nigeria’s financial institutions are fighting to meet the deadline of June 10, 2026 set by the Central Bank of Nigeria, CBN, for onboarding to...

Total Blackout In Abuja, Abia, Imo, Others As National Grid Collapses

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Only 10,692 Electricity Projects Fit For Use – FG

Abuja Electricity Distribution Company, AEDC has confirmed power outage in Abuja due to collapse of national grid. AEDC in a statement on its Twitter page...

NERC Urges Electricity Prepaid Customers To Update Their Meters

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The Nigerian Electricity Regulatory Commission (NERC) has urged citizens with prepaid meter to update them before November 2024. The regulatory body said users who fail...

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