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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Only N200 old notes to be reissued, circulated – CBN

The Central Bank of Nigeria (CBN) says only N200 old notes are to be reissued and circulated concurrently with the new notes in line with the directives of President Muhammadu Buhari.

Sam Bankman-Fried Found Guilty On All Seven Counts In FXT Fraud Trial

FTX founder Sam Bankman-Fried was found guilty on Thursday of stealing from customers of his now-bankrupt cryptocurrency exchange in one of the biggest financial frauds on record, a verdict that cemented the 31-year-old former billionaire’s fall from grace.

High-Level AfDB delegation in Japan to champion African investment

By Vincent Obi Tokyo - An African Development Bank (AfDB) delegation, led by three of its vice presidents, will visit Japan from June 17-21 to...

Performance bond: Oyetola charges agency heads on deliverables

The Minister of Marine and Blue Economy, Mr Adegboyega Oyetola, has charged heads of agencies within the ministry to work assiduously to realise their deliverables as captured in the Performance Bond signed by him with President Bola Tinubu.

Polaris Bank inducted member of Nigeria-British Chamber of Commerce

Polaris Bank has been inducted a premium member of the prestigious Nigeria-British Chamber of Commerce (NBCC), marking another milestone in the Bank’s journey towards...

Dangote Cement Board Appoints Pathak As GMD Designate

The Board of Directors of Dangote Cement Plc has approved the appointment of Mr Arvind Pathak as the Group Managing Director of Dangote Cement Plc, with effect from March 1.
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