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

Why Strengthening Nigeria’s Banks Matters

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CBN Warns Banks, Fintechs Over Cyber Risks

 “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...

FG Sets Up Centres For Nigerians To Buy Rice ₦40,000 — Minister

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FG Promises To Deal With Economic Destabilizers

The Federal Government has called for calm on the proposed nationwide protest, saying it had created centres across the country where Nigerians can purchase...

World Bank President Visits Nigeria, To Focus On Job Creation, Energy

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The President of World Bank, Ajay Banga is set to commence a three-day visit to Nigeria which will focus on job generating avenues for...

Banking, Industrial Stocks Attract Investors As Market Rally Continues

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Stock Market Losses N1.9trn To Profit-Taking

The Nigerian stock market closed at the weekend on a bullish note as investors gained about N1.1 trillion Week-on-Week, W-o-W, driven largely by renewed...

FCCPC Seals Abuja Sahad Stores Over Pricing

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The Federal Competition and Consumer Protection Commission (FCCPC) has sealed the Sahad Stores Supermarket in Abuja for price gouging. Price gouging is the practice of...

Nigeria Will Continue To Borrow Responsibly – Senate President Lawan

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President of the Senate, Ahmad Lawan, has explained why it is important for the Nigerian government to continue to borrow responsibly to fund critical...

FG Urged To Embrace Asset-Based Financing For Economic Growth

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FG Urged To Embrace Asset-Based Financing For Economic Growth

The Federal Government (FG) of Nigeria has been advised to switch from its current output-based financing model to an asset-based one in light of...

FG, States, LGs Share ₦547bn As Federation Allocation For May

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The Federation Accounts Allocation Committee on Wednesday at its virtual meeting shared to the three tiers of government a total sum of N 547....

You Can’t Increase Electricity Tariff When Workers’ Wages Remain Stagnant, NLC Cautions FG

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The Nigeria Labour Congress (NLC) has urged the Federal Government not to increase electricity tariff. The umbrella labour union said while many sectors, including Power,...

Governors Are Devastated By New Naira Policy Because They Can’t Buy Votes Again — Sanusi

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A former governor of the Central Bank of Nigeria, Lamido Sanusi, claims governors are angry with the new naira policy because they will not...

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