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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ABCON celebrates Naira’s success after BDCs recall by CBN

The Association of Bureaux de Change Operators of Nigeria (ABCON) an umbrella body of the Central Bank of Nigeria (CBN)- licensed Bureaux de Change...

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.

What Wigwe did in banking industry cannot be easily replicated – Chike-Obi

The Chairman of Fidelity bank of Nigeria, Mustafa Chike-Obi, has said that the late Group Managing Director/CEO of Access Bank, Herbert Wigwe, has said...

Polaris Bank hosts Global Trade Forum to strengthen trade relationships and drive growth

Lagos, Nigeria – September 18, 2025: Polaris Bank, Nigeria's leading digital retail, and commercial bank, on Tuesday hosted corporate customers in the non-oil sector...

EKEDC Boosts Supply In Lekki Area With Additional 100MW

The management of Eko Electricity Distribution Company (EKEDC) says the company will boost power supply in Lekki axis with additional 100 Megawatts from the Niger Delta Power Holding Company (NDPHC).

Maritime expert tasks FG on advantages in ocean resources 

Mrs Oritsematosan Edodo-Emore, Chairman, Zoe Maritime Resources Ltd., on Thursday urged the Federal Government to secure and take advantage of the nation’s ocean resources.
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