Business

Naira trades at ₦1,366/$ in official FX market

The naira exchanged at ₦1,366.41 per dollar at the official Nigerian Foreign Exchange Market (NFEM) on Tuesday, as improved liquidity and foreign inflows supported the currency.Data from the NFEM...

Pax Silica Summit to be held June 25 and 26

On June 25 and 26, at the U.S. Department of State, Under Secretary of Economic Affairs Jacob Helberg...

Shocking: Dangote Refinery Supplies 88% of Nigeria’s Petrol

Dangote Petroleum Refinery supplied 87.55 percent of Nigeria's petrol in May 2026, reinforcing its position as the country's...

A’Ibom Blue Economy Ministry will drive growth, investments – Stakeholders

By Dianabasi Effiong Maritime development experts and stakeholders have called on the Akwa Ibom State Government to establish a...

Nigeria: SEDC will need protection from political extortion

By Chidi Anselm Odinkalu President Bola Ahmed Tinubu, during the presentation of his budget proposals for 2024 to Nigeria’s National Assembly, the...
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Why Polaris Bank announces new board appointments

The Central Bank of Nigeria (CBN) has constituted a full Board of Directors for Polaris Bank, Nigeria’s leading digital commercial retail Bank in a...

ABCON urges CBN to lower exchange rate to BDCs

THE Association of Bureaux De Change Operators of Nigeria (ABCON), has appealed to the Apex Bank to adjust and lower its applicable exchange rate...

U.S. bans export of smartphones valued at more than $300 to Russia, Belarus

The United States is prohibiting the export of smartphones and other electrical goods worth more than $300 to Russia and Belarus, according to a new rule by the Industry and Security Bureau.

Nwifuru inaugurates new executive of MATAN in Ebonyi

By Vincent Obi Abakaliki, June 7, 2024 - Governor Francis Nwifuru of Ebonyi has inaugurated a 23-man new State Executive of Market Traders Association of...

Sterling Bank takes sides with Nigerians, eliminates bank transfer…

In a bold move that resets the rules of engagement in the Nigerian banking sector, Sterling Bank has removed transfer fees on its...

IoD Nigeria appoints Tijanni Borodo president

The Institute of Directors Nigeria (IOD Nigeria) has elected Alhaji Tijjani Mohammed Borodo as the president and chairman of its governing council.
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