Business News

The Central Bank of Nigeria (CBN) has given the green light for the daily sale of $10,000 to approximately 1,588 eligible Bureau De Change (BDC) operators, pegged at N1,101 per...

Zenith Bank Plc unveiled its financial results for 2023, showcasing a remarkable performance. The bank witnessed a staggering 202.3% year-on-year surge in profit before tax, reaching an impressive NGN795.96 billion....

The Federal Competition and Consumer Protection Commission has urged the Nigerian Electricity Regulatory Commission to mandate Distribution Companies to meter all unmetered Band A customers within 60 days. The FCCPC...

The Association of Bureaux De Change Operators of Nigeria has appealed to the  Central Bank of Nigeria to adjust and lower its applicable exchange rate below the N1,251/$ it pegged...

Stock market investors lost N623bn last week as fund managers rebalanced their portfolios ahead of the first quarter results. The Nigerian capital market shed 1.08 per cent to 103,437.67 points,...

Nigeria's foreign exchange (FX) reserves have decreased by approximately $1.02 billion over an 18-day period as the Central Bank of Nigeria (CBN) intensifies its efforts to support the naira. As...

The Association of Bureau De Change Operators of Nigeria (ABCON) has urged the Central Bank of Nigeria (CBN) to reconsider and decrease its applicable exchange rate, currently set at N1,251/$...

On Friday, the Naira strengthened to N1,245 per dollar on the parallel market, up from N1,250 per dollar on Thursday. Similarly, the currency rose to N1,251.05 per dollar on the...

A report by the leisure, and lifestyle destination development company, Landmark Africa Group, has said the destruction of its properties to give way for the construction of Lagos-Calabar highway  threatens 80...

A strategic partnership initiated by the Federal Government with financial institutions and leasing companies is a crucial step towards expanding accessibility to aircraft within the country’s aviation sector. The Chief...