Latest Business News
NAFDAC Seals Three Factories, Seizes Banned Products Worth N6m in Jos
The National Agency for Food and Drug Administration and Control (NAFDAC) yesterday…
Naira Depreciates at Official Market as Banks Sell $584 Million
The value of foreign exchange transactions recorded on the official Nigeria Autonomous…
Naira weakens at parallel market, rises at official
The naira strengthened at the official window on Monday, after the Central…
Cardoso: We Inherited $7 Billion FX Backlog, Anticipates Clearing $2 Billion Balance Soon
Olayemi Cardoso, governor of the Central Bank of Nigeria (CBN), says the…
Shell, NNPC, and Partners Finalize Investment Decision for 10-Year Gas Supply to Dangote Fertilizer Plant
The Shell Petroleum Development Company of Nigeria Limited (SPDC) and its joint…
CBN Clarifies: No Intention to Convert Funds in Domiciliary Accounts to Naira
Nigeria’s central bank has said there was no plan to convert the…
CBN Takes Action Against Banks for Withholding $5 Billion Amidst Naira Depreciation
The Central Bank of Nigeria (CBN) hit the nail on the head…