BUSINESS
Travellers Stranded As Dollar Shortage Hits Banks – Report
Nigerians are finding it increasingly difficult to access the United States dollar at the Central Bank of Nigeria’s official rate for eligible transactions. Worse affected are those travelling abroad who are experiencing delays in accessing Busines...
Naira Strengthens As Pound Falls Below ₦2,000 Mark In Friday Trading
The British Pound Sterling (GBP) slipped further against the Nigerian Naira (₦) during Friday morning trading on February 6, 2026, as the local currency...
It’s Time To Pay Workers Living Wage In Line With Current Realities, Says Reps Speaker Abass
Speaker of the House of Representatives, Tajudeen Abass, has advocated a review of salaries for workers in the country. Abass said this in a statement...
Dollar To Naira Exchange Rate Today, February 26, 2026
The Nigerian Naira held its ground against the US Dollar on Thursday, February 26, 2026, as the market reacted to the Central Bank of...
Stiffer Sanction Awaits Bankers Who Aid Fraud As Reps Set To Enact New Law
Bank employees who aid financial crimes may be in for stiffer penalties as the House of Representatives on Wednesday passed second reading a bill...
Inflation Rate Under Buhari Not Highest In Nigerian History — Keyamo
Festus Keyamo, the spokesperson for the presidential campaign council of the All Progressives Congress standard bearer, Asiwaju Bola Tinubu, has said the inflation rate...
FG Approves Seme Border Reopening For Vehicle Importation
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...
FG Extends Ban On Shea Nut Export To Boost Domestic Processing
The Federal Government has extended its ban on Shea nut exports by a year, reinforcing a drive to curb raw commodity shipments and boost...
Moniepoint Joins Africa’s Unicorn Club After Raising $110m From Google, DPI
Moniepoint, a leading Nigerian fintech company, has secured $110 million in funding from prominent investors, including Google and Development Partners International (DPI). The nine-year-old startup...
Naira Appreciated To N1,535/$ In Parallel Market
The Naira yesterday depreciated to N1,535 per dollar in the parallel market from N1,525 per dollar on Monday. But the Naira appreciated to N1,485.05...
