Latest Business News
Nigeria’s External Reserves Surge to $34.07 Billion
Nigeria's external reserves soared to $34.07 billion on…
CBN Ends FX Price Verification System for Importers
The Central Bank of Nigeria (CBN) has announced…
Femi Otedola Increases Stake in First Bank with Acquisition of 797.9 Million Shares
Billionaire businessman and Chairman of First Bank Nigeria…
Shoprite to Close Abuja Branch on June 30 Due to Business Climate
Shoprite supermarket will close its branch in Abuja…
Nigerian Stock Market Opens Week Bearish, Declines by 0.44%
The Nigerian stock market started the week on…
Completion Date for NNPCL’s $700m OB3 Gas Pipeline Extended to August
The Nigerian National Petroleum Company Limited (NNPCL) has…
Dangote Industries Alleges Sabotage by International Oil Firms
Devakumar Edwin, Vice President of Oil and Gas…
Nigeria’s Oil Revenue Hit Hard by Production Decline
Nigeria has experienced a significant decline in monthly…
FG Approves N21 Billion for Electricity Meters
The Nigerian Electricity Regulatory Commission (NERC) has approved…
Market Index Dips as Banking Stock Sell-Off Wipes Out N56bn
Losses in Tier-one banking stocks on Friday dragged…