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

Dollar To Naira Exchange Rate Today, June 18, 2026

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Dollar To Naira Exchange Rate Today, June 19, 2026

The naira traded relatively stable against the United States dollar at the Nigerian Foreign Exchange Market (NFEM) on Thursday, June 18, 2026, as traders...

CBN Increases Interest Rate To 16.5%

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CBN Raises ITMO Application Fee To N10m, Restricts Banks, Fintechs From Providing Services

The Monetary Policy Committee of the Central Bank of Nigeria voted Tuesday to increase the benchmark interest rate by 100 basis points to 16.5...

Anambra Commissioner Of Police Retires, Vows To Give Dangote A Run For His Money

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The Anambra State Commissioner of Police, Aderemi Adeoye, has retired with a vow to fully go into business, saying he is ready to give...

Nasarawa Governor, Abdullahi Sule Expresses Shock Over Reduction In Naira Value

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Gov Sule Appoints Four New Permanent Secretaries

Governor Abdullahi Sule of Nasarawa State has expressed shock over the continued fall in value of naira against the dollar. He, however, hoped the situation...

Organic Farming Alone Can’t Feed Nigeria’s Population – AFAN

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Organic Farming Alone Can’t Feed Nigeria’s Population – AFAN

The All Farmers Association of Nigeria (AFAN) has expressed concern over the viability of organic farming as a sole solution to Nigeria’s food security...

CBN Sacks Directors Of First Bank Holdings And First Bank Plc

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The Central Bank of Nigeria (CBN) has just removed all the directors of First Bank of Nigeria Plc and those of First Bank Holding...

FG Expresses Sadness Over Next Cash N Carry Fire, Pledges Support

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THE federal government, Wednesday, described last Sunday’s fire incident at Next Cash & Carry, Abuja, which described goods worth several billions of naira as...

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...

Tinubu’s Reforms Push FAAC Allocations Above N2trn Monthly – Oyedele

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Workers Warn Over Delayed 40% Allowance, Promotion Arrears

Minister of Finance and Coordinating Minister of the Economy, Prof. Taiwo Oyedele, says the Federal Government’s economic reforms have pushed the monthly Federal Allocation...

Naira Down To N1,405/$ In Parallel Market

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Naira Rises, Now N1,370/$ In Parallel Market

The Naira yesterday depreciated to N1,405 per dollar in the parallel market from N1,400 per dollar on Monday. Likewise, the naira depreciated to N1,379 per...

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