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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NECA calls for effective implementation to support business growth

The Nigeria Employers’ Consultative Association (NECA) has called for the effective implementation of Central Bank of Nigeria’s (CBN) recent inauguration of the Nigerian Foreign...

Russia-Africa summit: African countries embracing partnership for devt

There now seems to be a shift from going cap-in-hand begging for aids to forging partnerships where hitherto African countries are known to kowtow to the U.S., China and Western countries for aids.

Youths will transition Nigeria into digital economy powerhouse – Tinubu

President Bola Tinubu says Nigeria is set to harness the potential of its youthful population to transform into a global digital economy powerhouse. He also...

Shipowners, importers lose millions to drug trafficking – MASPAN

The Maritime Security Providers Association of Nigeria (MASPAN) says shipowners and importers lose millions of dollars to complicated drug trafficking and stowaway investigations in...

Union Tasks Buyers Of Polaris Bank On Job Security

The National Union of Banks, Insurance and Financial Institutions Employees (NUBIFIE) has urged the new owners of Polaris Bank to ensure that the jobs of the existing staff are secured.

Why Nigeria’s public debt hits N46.25trn in Q4 2022 – NBS

Nigeria’s public debt stock which includes external and domestic debt hit a new mark of N46.25 trillion in Q4 2022 from N44.06 trillion in Q3 2022. 
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