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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Nestlé Unveils Nescafé Plan for 2030 With $1.01bn Investment

Nestlé says it's investing over one billion Swiss Franc ( $1.01 billion) in its Nescafé Plan 2030 to help drive regenerative agriculture, reduce greenhouse gas emissions and improve farmers’ livelihood.

Shell Nigeria paid $1.09 billion in taxes in 2023

Shell Nigeria exclusively paid a total of $1.09 billion in corporate taxes and royalties to the government of Nigeria last year through the operations...

AfDB, Korea sign deal on Trade Facilitation in Africa

Abidjan, Cote d'Ivoire - Africa will benefit from improved customs technologies to boost intra-African trade, following an agreement signed virtually on Thursday by African...

Zenith Bank promotes over 4,000 staff, increases salary…

One of Africa’s leading financial institutions, Zenith Bank has reaffirmed its dedication to employee welfare by announcing the promotion of over 4,000 staff members...

Afreximbank, fostering “Our Africa Our Future” 30 years after

The people of Africa and her Diaspora reverberate the Pan-African call on the need for Africa to unite in order to realise its renaissance.

Investors affirm support for Fidelity Bank with 238% oversubscription…

Leading financial institution, Fidelity Bank Plc, has announced the successful conclusion of the first tranche of its equity capital raise through its Public Offer...
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