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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China hits back with 125% tariffs as US escalates trade war with record 145% tariffs

China has announced a sweeping increase in tariffs on American imports, raising them to 125 percent, as tensions between both economies deepen in what...

POS operators releases new charges for money withdrawal, deposit

The Association of Mobile Money and Bank Agents In Nigeria (AMMBAN) Lagos Chapter, has released a unified price list for Point of Sales (PoS) transactions.

Fidelity to meet recaptalization threshold ahead of regulatory deadline – Analyst

Fidelity Bank Plc is making impressive strides on its path to fulfilling the recapitalization targets set by the Central Bank of Nigeria (CBN). With...

HEDA slams Presidency, Senate, DSS over negligence in ministerial screening

The Human and Environmental Development Agenda (HEDA Resource Centre) has berated the Presidency, the Department of State Services (DSS), and the Nigerian Senate over...

Tinubu Approves ₦3.3trillion to fix Power Sector Debts

President Bola Tinubu has approved a ₦3.3 trillion payment plan to clear power sector debts and boost electricity supply across Nigeria. FG Moves To Clear...

Ethical Taxation Strong Tool For Economic Development – Expert

Dr Lateef Agbetunde, Chief lecturer, Accountancy Department, Yaba College of Technology (YABATECH), has said that ethical taxation remained a strong tool for  control and sustenance of an economy.
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