Business
Latest News on Business, Economy, stock market, Crypto currency, Bitcoin and monetary policy in Nigeria
378MW Imo Power Plant Nears Completion, Says FG
May 27, 2024
378MW Imo Power Plant Nears Completion, Says FG
The Federal Government has promised accelerated completion of the 378.3 megawatts Egbema Power Plant in Imo State, saying it is…
Coastal Highway Will Boost 30 Million Businesses — Tinubu
May 27, 2024
Coastal Highway Will Boost 30 Million Businesses — Tinubu
The President of the Federal Republic of Nigeria, Bola Tinubu, has said the Lagos-Calabar Coastal Highway will give 30 million…
Benue Woos Investors With Tax Holiday
May 23, 2024
Benue Woos Investors With Tax Holiday
Benue State Government has declared its intention to offer tax holidays to investors interested in investing in the state, The…
Food Imports Hit ₦3 Trillion Over Flooding, Insecurity – CBN
May 21, 2024
Food Imports Hit ₦3 Trillion Over Flooding, Insecurity – CBN
The Central Bank of Nigeria released a total sum of $2.13bn to Nigerians for importing food products in 2023, The…
CBN Kickstarts Strategy To Double Remittances
May 16, 2024
CBN Kickstarts Strategy To Double Remittances
The Central Bank of Nigeria (CBN) has activated plans to double foreign-currency remittance flows through formal channels by granting Approval-in-Principle (AIP)…
OPEC Agrees With NUPRC, Puts Nigeria’s Oil Output At 1.28m Bpd
May 16, 2024
OPEC Agrees With NUPRC, Puts Nigeria’s Oil Output At 1.28m Bpd
THE Organisation of Petroleum Exporting Countries, OPEC, yesterday, disclosed that Nigeria’s oil output, excluding condensate, rose month-on-month, MoM, by 4 per…
Naira Slides By 4.6% Against Dollar At Official Market
May 8, 2024
Naira Slides By 4.6% Against Dollar At Official Market
The naira on Tuesday depreciated at the official market, trading at N1,416.57 to the dollar, The Courage. Data from the…
CBN Directs Banks To Impose 0.5% Cybersecurity Levy On All Transactions
May 7, 2024
CBN Directs Banks To Impose 0.5% Cybersecurity Levy On All Transactions
The Central Bank of Nigeria has ordered banks operating in the country to start charging a cybersecurity levy on transactions,…
Major Marketers Demand More Fuel As Depots’ Stock Drops
May 6, 2024
Major Marketers Demand More Fuel As Depots’ Stock Drops
In an attempt to put an end to the fuel scarcity that has lingered for about two weeks across the…
Naira Closes 1,402/$ At Official Market As Dollar Demand Persists
May 3, 2024
Naira Closes 1,402/$ At Official Market As Dollar Demand Persists
The naira traded at a loss at the official market, depreciating to N1,402 against the United States dollar on Thursday,…