Business News

The Central Bank of Nigeria has disclosed that over $1.5bn came into the Nigerian economy over the past few days, indicating that its monetary policy efforts are effective. The CBN’s...

The Central Bank of Nigeria (CBN) has significantly reduced the exchange rate for customs import duties collection, marking the lowest rate observed in the past eight weeks. According to ENTREPRNEURNG's...

The banking sector is abuzz with dissent following the Central Bank's recent announcement of revised capital requirements, which exclude retained earnings from the share capital calculation. In a move aimed...

The board of directors of Geregu Power Plc’s proposed N20bn dividend has been approved by shareholders. The approval was given at the last annual general meeting of the firm, which...

The Nigerian Upstream Petroleum Regulatory Commission says Dangote refinery and other local crude oil refining facilities in the country have been complaining of lack of feedstock. Consequently, the NUPRC Chief...

The Institute of Chartered Secretaries and Administrators of Nigeria will consider the impact of artificial intelligence and cybersecurity on capital market operations at its 2024 Company Secretaries and Registrars’ Forum....

A former federal lawmaker and chieftain of the People’s Democratic Party, Hon. Farah Dagogo, has called on President Bola Tinubu to redouble the efforts of his administration in fixing the...

Amid a recent surge in the value of the naira against the dollar, the Coalition of Northern Groups (CNG) calls on businesses to reconsider their pricing strategies. Through its National...

According to reports, some Nigerians who benefited from the Central Bank of Nigeria (CBN) and NIRSAL Microfinance Bank's targeted credit facility (TCF) have defaulted on repayment, leaving an outstanding debt...

The Central Bank of Nigeria (CBN) has implemented a significant reform, increasing the minimum capital base for commercial banks with varying scopes of operations. As of Thursday, March 28, 2024,...