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

Farmers Slams FG’s Police As Agro-imports Hit N2.2tn

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Farmers Slams FG’s Police As Agro-imports Hit N2.2tn

Nigeria’s agricultural import bill soared to N2.22tn in the first half of 2025, drawing strong criticism from farmers, rice millers, and stakeholders who argue...

Naira Rises To N1,403 In Parallel Market

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Naira Rises To N1,403 In Parallel Market

The  Naira yesterday  appreciated  to N1,403 per dollar in the parallel market from N1,408 per dollar on Monday. Similarly, the naira appreciated to N1,345 per...

APC Lawmaker Says Reps Will Investigate Tinubu Over Trillions Of Naira From Fuel Subsidy Removal

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A member of the House of Representatives, Hon. Yusuf Gagdi, has vowed to ask President Bola Tinubu, what he did with the trillions of...

Tinubu Says 100 Electric Buses Will Hit Nigerian Roads To Enhance Eco-friendly Future

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Nigeria will rollout 100 electric buses in a step towards a sustainable and eco-friendly future, President Bola Tinubu said Saturday. The “pioneering initiative” is to...

$1 Now ₦788, We Are Not Aware Of Naira Redesigning – Finance Minister

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$1 Now ₦788, We Are Not Aware Of Naira Redesigning - Finance

Minister of Finance, Budget, and National Planning, Zainab Ahmad, has disassociated her ministry from the planned move by the Central Bank of Nigeria (...

Nigeria’s Economy Heading Towards Recession – Finance Minister

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Zainab Ahmed, the minister of finance, budget and national planning, says the economy is heading towards a recession. However, Ahmed projected that the extent of the...

FG Signs Agreements With 10 Companies To Enhance National Gas Supply

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FG Secures $25.35m Kuwait Fund Loan To Tackle Out-of-School Crisis In Kaduna

The Federal Government on Thursday signed a series of investment agreements with ten companies to develop gas processing plants and other gas supply infrastructure...

We Can’t Pay Full Salaries To Civil Servants Due To Recession – Govt

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Niger State Government has announced that full salaries will not be paid to workers due to a reduction in its federal allocation. The state government...

CBN Increases Interest Rate To 16.5%

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CBN Raises ITMO Application Fee To N10m, Restricts Banks, Fintechs From Providing Services

The Monetary Policy Committee of the Central Bank of Nigeria voted Tuesday to increase the benchmark interest rate by 100 basis points to 16.5...

Capital Projects Ongoing, Not Abandoned —Finance Ministry

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Nigeria Expands Solar Manufacturing To 300MW, Targets 3.7GW Hub

The Federal Ministry of Finance has clarified that capital projects across Nigeria remain active despite concerns over low cash releases to ministries, departments, and agencies (MDAs)....

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