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

Nigeria Gets 60% Share Of Aferimbank’s $30bn Oil, Gas Funding

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Nigeria Gets 60% Share Of Aferimbank’s $30bn Oil, Gas Funding

The African Export-Import Bank on Wednesday, disclosed that it has become the largest financier of oil and gas projects in Africa. The bank disclosed investing...

CBN Resumes Sale Of Dollars To Bureax De Change

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CBN Resumes Sale Of Dollars To Bureax De Change

The Central Bank of Nigeria (CBN) has commenced sale of dollars to Bureax De Change (BDC). Announcing the development in a statement on Tuesday, the...

After Lagos Stampede, Customs Suspends Food Distribution

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

The Nigeria Customs Service has announced the temporary suspension of the national food distribution initiative which it started it Lagos over the weekend over...

FG Promises To Deal With Economic Destabilizers

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FG Promises To Deal With Economic Destabilizers

The Federal Government has vowed to go after individuals sabotaging the nation’s economy. The Minister of Information and National Orientation, Mohammed Idris, made this known...

Hardship: Some People Working To Undermine Our Efforts — VP Shettima

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The Federal Government has said that some people are working to undermine the efforts of the President Bola Tinubu administration to revamp the Nigerian...

CBN Increases Customs Duty Rate To N1,605.82 Per Dollar Once More

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''CBN Policies May Lower Inflation To 22.1%'' – W’Bank

Less than five days after it marginally reduced the Customs Exchange rate from N1515.48 to N1472.756 last week, the Central Bank of Nigeria (CBN)...

Tinubu Orders Payment Of Electricity Bill Owed By Aso Villa

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President Bola Tinubu has ordered the payment of Aso Rock’s electricity bill to avoid disconnection in the nation’s seat of power. In an advertorial titled...

Tinubu Sacks Tukur As NFIU Boss, Appoints Bakari

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Ondo 2024: Group Begs Tinubu To Support Ohunyeye’s Ambition

President Bola Tinubu has fired Moddibo Tukur as the Director/Chief Executive Officer of the Nigerian Financial Intelligence Unit (NFIU), naming Ms Hafsat Abubakar Bakari...

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...

Rising Food Prices Inherited From Previous Administration But Tinubu Working Hard To Tackle Challenge — Wale Edun

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Contractors To Protest Over FG's N500bn Overdue Debt

The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, says the President Bola Tinubu government inherited the rising prices of food...

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