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

Selling Forex To Banks To End In 2022 – CBN

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The Central Bank of Nigeria (CBN) has put Deposit Money Banks (DMBs) on notice that it will stop selling forex to them by the...

CBN Issues Fresh Guideline On Effective Distribution New Naira Notes

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Naira Redesign: Kaduna, Kogi, Zamfara File Contempt Proceeding Against AGF, Emefiele

The Central Bank of Nigeria (CBN) has directed deposit money banks (DMBs) to commence the payment of the redesigned naira notes over the counter,...

Dollar To Naira Exchange Rate Today, May 11, 2026

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Dollar To Naira Exchange Rate Today, June 3, 2026

The Nigerian naira traded within a relatively stable range against the United States dollar on Monday, May 11, 2026, across both the official Nigerian...

We’re Soft Target For Robbery Attacks — Aba, Umuahia POS Operators Lament

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Operators of Point of Sale outlets in Aba, the commercial nerve of Abia State, and its environs have decried incessant robbery attacks on their...

Dangote Explores Investment Opportunities In Burundi, Meets With President

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Dangote Signs $400m Equipment Deal To Fast-Track Refinery Expansion

Africa’s richest man, Aliko Dangote, paid a brief but strategically significant visit to Burundi, where he explored new investment opportunities and cemented plans to...

FG Summons Cement Manufacturers Over Increasing Cost

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"Intervene In Rivers Crisis" – APC Chieftain Urges Tinubu

The Minister of Works, David Umahi, has summoned prominent cement manufacturers to a meeting over the rising cost of cement. He expressed worry that, despite...

FGN Bonds Attract Strong Investor Confidence with 4% Oversubscription in March Auction

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Naira Rises To N1,380/$ In Parallel Market

Nigeria’s March 2026 bond auction recorded solid investor interest, as the Debt Management Office revealed a 4.28% oversubscription for FGN Bonds. Investors submitted bids totaling...

Stakeholders Urge FG To Boost Youth Inclusion In Agriculture, Calls For Urgent Reforms

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Stakeholders Urge FG To Boost Youth Inclusion In Agriculture, Calls For Urgent Reforms

Stakeholders in Nigeria’s agricultural sector have identified insecurity, low purchasing power and weak value chains as major challenges affecting food security, calling for urgent...

New Tax Law: DisCos Request Corporate Customers For Identification Details

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New Tax Law: DisCos Request Corporate Customers For Identification Details

Electricity Distribution Companies, DisCos, have requested their corporate customers to provide identification details as part of conditions for electricity supply to them, citing the...

Relief As Air Peace Commences Direct Flight To India

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West and Central Africa’s leading airline, Air Peace, has launched direct, nonstop flight services to Mumbai, the capital city of Maharashtra State in Southwestern...

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