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

Three Trucks Carrying Precious Stones Impounded In Zamfara

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Zamfara State Command of the Nigeria Security and Civil Defense Corps has impounded three trucks carrying precious stones. The Commandant, Muhammed Muazu, disclosed this at...

Customs Service To Distribute Confiscated Food Items As Hunger Bites Nationwide

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We ‘ll Stick To Official Exchange Rate For Clearing Of Goods — Customs CG

The Nigeria Customs Service (NCS) has expressed its readiness to distribute seized food items to Nigerians to help mitigate the current hardship in the...

Nigeria’s Per Capita Budget One Of The Smallest Globally — Presidential Aide

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The Special Adviser to the President on Economic Matters, office of the Vice President, Dr. Tope Fasua has said Nigeria's annual budget is one...

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...

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...

Exports Proceeds Repatriation: Manufacturers Fault CBN’s Exclusion Of Non-Oil Exporters

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CBN Warns Banks, Fintechs Over Cyber Risks

Manufacturers under the aegis of the Manufacturers Association of Nigeria Export Group (MANEG) have raised concerns over what they described as a policy imbalance...

FAAC Shares N902billion To FG, States And LGs

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FAAC Shares N902billion To FG, States And LGs

The Federation Account Allocation Committee (FAAC) has shared a total sum of N902.053 billion in November 2022 Federation Account Revenue to the Federal Government,...

It’s Illegal To Disconnect Electricity User Without Notice Of 10 Working Days — FCCPC

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Federal Competition and Consumer Protection Commission, FCCPC, has said no electricity distribution company (Disco) has the right to disconnect a customer without first serving a notice for at least 10 working days from the date of delivery of their ...

At N52 Per Litre, Libya Offers Cheapest Petrol Price In Africa

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Libya continues to offer the cheapest petrol in Africa, with the price of octane-95 gasoline (petrol) standing at 0.15 Libyan Dinar per litre, equivalent...

CBN Bars BVN Violators From Opening New Bank Accounts

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The Apex Bank in Nigeria, Central Bank of Nigeria (CBN) has barred BVN Violators from from opening a new bank accounts going by its...

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