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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NCS Tin-Can Island Command generates N575.5bn in six months

The Nigeria Customs Service (NCS), Tin Can Island Port Command (TCIPC), has generated N575.5 billion in revenue in the first half of the year. The...

Nigeria Week Ahead: CBN Rate Decision, Inflation & Oil in Focus

The combination of mounting geopolitical risk and Fed rate expectations rocked global financial markets last week.

Fidelity Bank delights investors with 507% gain in 5years

Investors in Fidelity Bank Plc have earned more than 507 per cent in capital gains over the past five years, ranking above all other...

Corruption is limiting Nigeria from operating single window – Shipper

An expert in the shipping sector, Mr Jonathan Nicole, says corruption is limiting Nigeria from operating the National Single Window (NSW) system for swift and efficient movement of goods at the nation's ports.

NSITF sets to widen reach to informal economy

The Nigeria Social Insurance Trust Fund (NSITF) said it has developed a comprehensive programme for the integration of the informal sector into the Employees...

Africa Finance Corporation closes record US$1.5billion syndicated loan…

LAGOS, Nigeria, September 29, 2025/ -- Africa Finance Corporation (AFC) (www.AfricaFC.org), the leading infrastructure solutions provider in Africa, has successfully closed its largest-ever debt...
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