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

BREAKING: Abia Hits 1bn Naira In Monthly IGR As Ikpeazu Says Payment Of Workers Not A Problem

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Abia State has met her target of hitting the N1bn mark in her internally generated revenue drive for the month of January 2020 thereby...

Dollar To Naira Exchange Rate Today, February 20, 2026

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Dollar To Naira Exchange Rate Today, March 4, 2026

The Nigerian Naira maintained a stable yet cautious trajectory against the US Dollar in the early trading hours of Friday, February 20, 2026.  Data from...

Borrowing Pain Deepens: Bank Lending Rates Soar To 46%, Squeezing Nigerian Businesses

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Borrowing Pain Deepens: Bank Lending Rates Soar To 46%, Squeezing Nigerian Businesses

Businesses across Nigeria’s major sectors are reeling under mounting financial pressure as bank lending rates surge to record highs, with some reaching an astonishing...

FG Not Responsible For Latest Petrol Price Hike — Minister 

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The Minister of Information and National Orientation, Mohammed Idris has stated that the federal government is not responsible for the latest hike in petrol...

Costs Of Food, Gas, Fuel Push Inflation To 28.20%, Says NBS

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88% Of Nigerians Self-Employed – NBS

Following the rise in the costs of food, fuel, energy, electricity, and others, the National Bureau of Statistics (NBS) on Friday, December 15, said the inflation...

BBNaija Season 6 Cost N4.3bn – Organisers

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The organizers of Nigeria’s biggest reality TV show, Big Brother Naija (BBNaija) has come out to tell the fans of the show how much...

President Buhari Suspends Proposed Removal Of Petrol Subsidy Indefinitely

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President Muhammadu Buhari has approved the suspension of the planned removal of petroleum products subsidy until further notice. This was disclosed to State House Correspondents...

33 Banks Now Bigger, Stronger

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33 Banks Now Bigger, Stronger

The recent recapitalisation exercise led by the Central Bank of Nigeria, CBN, which saw 33 deposit money banks raise an impressive N44.65 trillion, is...

Petrol To Sell At N168 As PPMC Increases Depot Rate

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The Petroleum Products Marketing Company, PPMC, a subsidiary of the Nigerian National Petroleum Corporation (NNPC), has increased the depot price of premium motor spirit,...

CBN Postpones e-Naira Launch

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The Central Bank of Nigeria (CBN) has announced the postponement of the proposed launch of its digital currency, e-Naira. A statement by apex bank’s Director...

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