Latest Business News
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…
Miners Indebted to Federal Government, Owning Over N2 Trillion, Says Minister
The Minister of Solid Minerals Development, Dele Alake, has said that miners…
Dollar Surge Forces Shutdown of Abuja, Kano, Lagos Bureaux de Change, Leaving Customers Stranded
Bureau de Change Operators, under the Association of Bureau de Change Operators…
