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

“Nigeria’s Eight-month Debt Service Bill Rises To $2.86bn” – CBN

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Petrol Import Spending Reduces By 54% To $6.7bn In Two Years

Nigeria spent a total of $2.86bn servicing external debt in the first eight months of 2025, according to the international payment data from the...

$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 (...

China’s Trade Bureau Set To Partner West Africa IMT Summit

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China’s Trade Bureau Set To Partner West Africa IMT Summit

The Trade Development Bureau of China’s Ministry of Commerce (TDB) has been confirmed as a Strategic Country Partner (China) for the West Africa Industrialisation, Manufacturing...

Bag Of Cement Price To Drop To N7000

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Cement Producers Claim N710 Billion Profit

Cement manufacturers have agreed to bring down the price of the product to between N7,000 and N8,000 per 50kg depending on the location nationwide. During...

Consumers Traders Kick Against Plan To Ban Ponmo

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Some Nigerians have kicked against the proposed plan by the Federal Government to ban the consumption of cooked cow skin, popularly known as ponmo. Recall...

Dangote Refinery Reduces Petrol Price To N890 Per Litre, Offers Relief To Nigerians

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Dangote Unveils Nationwide Petrol Distribution

In a move expected to ease the financial burden on Nigerians, Dangote Petroleum Refinery has announced a reduction in the ex-depot price of Premium...

Ikpeazu Delivers Abia 2021 Proposed Budget Of 131 Billion Naira

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Governor Okezie Ikpeazu has just delivered the 2021 Appropriation Bill to the State House of Assembly. The 2021 Appropriation Bill is a total of One...

Foreign Portfolio Flows Surge on Nigerian Stock Market

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Foreign Portfolio Flows Surge on Nigerian Stock Market

Foreign portfolio inflows into the Nigerian stock market rose sharply by 354.4% to N609.73 billion in the first seven months of 2025 (7M’25), up...

BREAKING: CBN Reduces Monetary Policy Rate To 12.5%

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The Monetary Policy Committee (MPC) of Central Bank of Nigeria on Thursday reduced monetary policy rate (MPR), or the controlling lending rate to 12.5...

Take Advantage Of Nigeria’s Resources For Investment, Buhari Urges International Community

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President Muhammadu Buhari on Thursday urged the international community and investors to take advantage of Nigeria’s diversity in human and natural resources for investment. The...

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