Business News

The Central Bank of Nigeria has announced its intention to extend the validity of the old N200, N500, and N1,000 noted indefinitely. This is as the apex bank declared its...

The Nigerian National Petroleum Company Limited has said the $2.8bn Ajaokuta–Kaduna–Kano gas pipeline project being constructed by Oilserve Limited will be inaugurated next month. Executive Vice President, Upstream, NNPC Limited,...

The Central Bank of Nigeria (CBN) has made a significant announcement, extending the legal tender status of old N200, N500, and N1000 notes from the initial deadline of December 31,...

1. Manufacturers kick against CBN Price Verification Portal  The Manufacturers Association of Nigeria has told the Central Bank of Nigeria to rescind its recently introduced Price Verification System... Read more...

The Federal Government may lose investments worth N183.3bn due to a failed contractual agreement of 25 concessioned public facilities and infrastructure granted to private investors. This new development is coming...

The Federal Government has identified about $23 billion in investment opportunities in Nigeria for projects that are directly related to the country’s Energy Transition Plan, the Minister of Power, Adebayo...

The amount of dollars traded on the Investor & Exporter forex window rose by 46.69 per cent to $123.25m on Monday. On Friday, the turnover of dollars in the official...

Federal Government owned power firm, the Niger Delta Power Holding Company has said that the Central Bank of Nigeria, the Nigerian Bulk Electricity Trading Plc, and the Nigerian Electricity Liability...

In the recent dynamics of the Nigerian Autonomous Foreign Exchange Market (NAFEM), a significant devaluation of the naira by 22.1% has been observed, bringing the exchange rate to N996.75/$. This...

1. Portfolio reshuffling trail bullish stock market Positive sentiment and portfolio reshuffling pervaded the Nigerian stock market last week fueled by recent developments in the foreign exchange, FX, landscape amidst...