Business News

The Nigerian Exchange Limited has listed N4.08bn of the AVA Infrastructure Series 1 Fund on its trading platform. AVA Infrastructure Series 1 Fund’s 4,075 units were listed on the Main...

The Nigerian capital market declined by 1.36 per cent last week on the back of losses by PZ Cussons, McNichols, Secure Electronic Technology and 39 other equities. The All-Share Index...

The International Monetary Fund has warned the Nigerian government to remove what it called implicit fuel and electricity subsidies. In a report published recently by the IMF, the organisation told...

The Central Bank of Nigeria (CBN) has reported that 935 eligible Bureau De Change (BDC) operators in the North West region are currently receiving foreign exchange (forex). During the Kano...

Mastercard has teamed up with Access Bank to facilitate seamless cross-border transactions throughout the African continent. This collaboration aims to extend Access Africa's financial services to additional countries across Africa,...

The Presidential Fiscal Policy and Tax Reforms Committee has revealed plans to provide tax relief to 95% of businesses operating in Nigeria's informal sector. Mr. Taiwo Oyedele, the Committee's Chairman,...

In light of an ongoing operational audit by regulatory authorities, Dana Air has revealed that it has let go of certain employees. The Head of Corporate Communications for the airline,...

The Economic and Financial Crimes Commission has read the Riot Act to foreign missions based in Nigeria, banning them from transacting in foreign currencies, and mandating the use of Naira...

Some banks have started the implementation of the Central Bank of Nigeria’s directive on the extension of the commencement of processing fees on deposits. On May 1, banks resumed the...

The government of Zimbabwe has announced fines for businesses that use exchange rates higher than those stipulated by the newly introduced gold-backed currency, known as the ZIG. This move aims...