Latest News
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387Local NewsNaira Abuse Inflates Printing Expenses, CBN Warns
The Central Bank of Nigeria has raised the alarm that the abuse and poor handling of naira banknotes are significantly increasing the...
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312Industry & MoneyNNPCL Secures ₦318b to Fund New Oil Exploration
The Nigerian National Petroleum Company Limited has received N318.05bn between January and August 2025 for frontier oil exploration. The deductions represent 30...
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372Business NewsUS-Nigeria Bilateral Trade Soared to $13b in 2024 –Consul General
The United States of America and Nigeria’s bilateral trade has soared to nearly $13billion in 2024, the U.S Consul General, Lagos, Rick...
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769Stock MarketBearish Run Continues as ASI Down 0.2%
EQUITIES Bearish sentiments persisted in the domestic stock market as losses in MTNN (-4.8%), JAIZBANK (-4.4%), and WAPIC (-8.8%) drove the All-Share...
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344Banking & FinanceRecapitalisation: 14 Banks Meet Requirement 6 Months to Deadline
The governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso has stated that about 14 banks have met the regulatory capital...
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405AgricultureNigeria Loses $3.7b Yearly to Raw Cashew Export
Nigeria’s cashew industry could generate enough revenue to sustain the country’s entire population of over 200 million people without the need for...
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367Local NewsPENGASSAN, NUPENG Reject Govt’s Plan to Sell Assets
Two of Nigeria’s influential oil sector unions have strongly opposed the Federal Government’s reported plans to divest significant stakes in joint venture...
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355Business NewsFG Endorses China’s Global Governance Initiative
The Federal Republic of Nigeria has formally endorsed the Global Governance Initiative (GGI), launched by President Xi Jinping of the People’s Republic...
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336Banking & FinanceCheaper Credit Key to Turning CBN’s Rate Cut into Growth –NECA
The Director-General of the Nigeria Employers’ Consultative Association (NECA), Adewale-Smatt Oyerinde, has hailed the Central Bank of Nigeria’s (CBN) decision to cut...
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306Business NewsWhy Borrowing Continues Despite Nigeria’s 411% Revenue Growth
FIRS Chairman, Federal Inland Revenue Service (FIRS), Zacch Adedeji has said even though the Federal Government has seen a remarkable surge in...
