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

Africa Must Act Fast to Plug $88bn Leak from Illicit Financial Flows

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Africa Must Act Fast to Plug $88bn Leak from Illicit Financial Flows

Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Olawale Edun, has called for urgent action to curb the estimated $88 billion lost...

Naira Holds Steady Against Dollar As New Quarter Opens On A Positive Note

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Naira Holds Steady Against Dollar As New Quarter Opens On A Positive Note

The Nigerian Naira kicked off April 2026 on a stable footing, trading within a narrow range against the United States Dollar as market conditions...

Transport Costs Surge In Nigeria As Airfares And Okada Rides Drive Up February Spending

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Transport Costs Surge In Nigeria As Airfares And Okada Rides Drive Up February Spending

Nigerians paid more for transportation in February 2026 as rising airfares and motorcycle (Okada) fares pushed overall commuting costs higher, according to the National...

CBN Wraps Up Recapitalisation As 33 Banks Raise N4.65trn

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CBN Wraps Up Recapitalisation As 33 Banks Raise N4.65trn

The Central Bank of Nigeria (CBN) has announced the completion of its banking sector recapitalisation programme, revealing that 33 deposit money banks collectively raised...

Naira Holds Steady Against Dollar On April 2, 2026

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Naira Holds Steady Against Dollar On April 2, 2026

The Nigerian Naira traded on a stable note against the United States Dollar in early dealings on Thursday, April 2, 2026, sustaining the positive...

Sterling Bank’s Zero Transfer Fees Policy Saves Nigerians Over N2bn

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Nigeria’s Web3 Ecosystem Attracts $43m Funding — Report

One year after breaking away from traditional banking charges, Sterling Bank has announced that its Zero Transfer Fees policy has returned more than N2...

Dollar To Naira Exchange Rate Today, April 6, 2026

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Dollar to Naira Exchange Rate Today, April 23, 2026

The Nigerian Naira maintained a stable trajectory against the United States Dollar as the first full trading week of April 2026 commenced. Market performance...

Why Strengthening Nigeria’s Banks Matters

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Why Strengthening Nigeria’s Banks Matters

 “The recapitalisation programme has strengthened the capital base of Nigerian banks, reinforcing the resilience of the financial system and ensuring it is well-positioned to...

Naira Depreciates By 0.4% At Official Market

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Naira Depreciates By 0.4% At Official Market

The Naira on Tuesday recorded a slight depreciation at the official market, trading at N1,386.65 to the dollar. Data published on the Central Bank of Nigeria...

Dollar To Naira Exchange Rate Today, April 8, 2026

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Dollar to Naira Exchange Rate Today, April 23, 2026

The Nigerian Naira began the day with continued fluctuations against the United States Dollar, reflecting the ongoing volatility in the domestic foreign exchange market....

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