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

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...

Naira Depreciates 1.4% Amid CBN’s FX Sales Deadline Extension

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Naira Depreciates 1.4% Amid CBN’s FX Sales Deadline Extension

At the official market on Monday, the value of the naira dropped, trading at N1,495.60 to the US dollar. Data from the FMDQ Security Exchange...

MRS Oil Emerges As Nigeria’s Downstream Market Leader After Dangote Refinery Deal

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MRS Oil Emerges As Nigeria’s Downstream Market Leader After Dangote Refinery Deal

A groundbreaking fuel supply and distribution deal between Dangote Refinery and MRS Oil Nigeria Plc has propelled MRS Oil to the top of Nigeria’s...

FG, EU Collaborate To Strengthen 1.3bn Euro Trade Deals

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FG, EU Collaborate To Strengthen 1.3bn Euro Trade Deals

The Federal Government and the European Union (EU) have initiated high-level talks aimed at enhancing economic cooperation between the EU and Nigeria. A statement issued...

Sterling Bank Drops Charges On Online Transfers, Calls For Others To Follow

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Sterling Bank Drops Charges On Online Transfers, Calls For Others To Follow

Sterling Bank has pushed for the elimination of bank transfer fees by major banks and declared that it will no longer keep any money...

Gov. Otti Urges Haier Global To Invest In Abia, Assures Of Business-Friendly Environment

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Gov. Otti Urges Haier Global To Invest In Abia, Assures Of Business-Friendly Environment

Abia State Governor, Dr. Alex Otti, has reaffirmed his administration’s commitment to fostering strategic partnerships with investors, emphasizing that such collaborations are aimed at...

Stock Market Loses N207 Billion Amid Easter Break

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Stock Market Loses N207 Billion Amid Easter Break

The Nigerian equity market experienced a decline during the holiday-shortened trading week, losing ₦207 billion in market capitalization as investor sentiment remained cautious amid...

U.S. Flags Corruption, Trade Barriers In Nigeria In 2025 Report

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U.S. Flags Corruption, Trade Barriers In Nigeria In 2025 Report

The United States has raised serious concerns about corruption, lack of transparency, and weak judicial processes in Nigeria, according to the 2025 National Trade...

FCCPC Urges DisCos To Uphold Fairness, Transparency In Power Supply

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Abuja Faces Power Outage As Vandals Cut Transmission Cables

The Federal Competition and Consumer Protection Commission (FCCPC) has called on electricity distribution companies (DisCos) across Nigeria to ensure fairness, transparency, and accountability in...

Trump Proposes 100% Tariff On Foreign-Made Films To Boost U.S. Movie Industry

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Trump Announces Trade Deal With Vietnam, Imposes 20% Tariff On Imports

U.S. President Donald Trump announced on Sunday that his administration is preparing to impose a 100% tariff on all films produced outside the United...

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