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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U.S. sanctions businessman in North Macedonia for corruption

The United States on Wednesday designated a North Macedonia businessman Jordan “Orce” Kamcev for having engaged in corruption, including bribery of a government official. 

NASME seeks support to advance nation’s economy

Abakaliki, Nigeria - The Nigerian Association of Small and Medium Enterprises (NASME) is seeking increased support to its Ebonyi state chapter to record remarkable...

Unified exchange rate, independent power generation solve 45% problems – Expert

A manufacturer, Mr Christopher Enemuo says that the policy on unified exchange rate and independent power generation has solved about 45 per cent of the problems faced by manufacturers in the country.

Why TAJBank records highest Tier-1 capital, PBT

TAJBank Limited, Nigeria’s non-interest bank has recorded the highest Tier-1 capital in the non-interest banking sub-sector in the first half of 2023.

Business activities shutdown in Anambra, police arrest sit-at-home enforcer

By Emmanuel Ndukuba Awka, May 30,2024 - Business activities in Anambra state, including markets, schools, banks and motor parks were on Thursday closed in honour...

International trade contribution yet to be þcaptured in GDP…

The Centre for the Promotion of Private Enterprise (CPPE) says contribution of international trade and entire ecosystem yet to be adequately captured in the...
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