Nigerian business and economy news: the naira, CBN policy, inflation, oil and gas, banking, markets, budgets and companies.
Officials from the Lagos Waste Management Authority, in conjunction with the Lagos State Environmental Sanitation and Special Offences Unit, executed the closure of Alaba International Market,…
The Federal Government is reviewing and expanding the National Social Register to accommodate pensioners and ex-servicemen under its Conditional Cash Transfer scheme. It is also removing…
All is now set for the Fidelity International Trade and Creative Connect (FITCC) billed for Houston, Texas in the United States of America. Labeled as FITCC…
The Federal Executive Council (FEC) has approved an application to secure a budget support loan worth $1.5 billion from the World Bank and an additional $80…
Nigeria has maintained its fourth position on the World Bank’s top 10 International Development Association (IDA) borrowers’ list after moving up from fifth in the 2022…
President Bola Tinubu has approved the appointment of new Chief Executive Officers of several agencies and parastatals under the Federal Ministry of Industry, Trade and Investment,…
An oil tanker fully loaded with Premium Motor Spirit (PMS) otherwise known as petrol has crashed into a truck and damaged several vehicles and other public…
The Standards Organisation of Nigeria (SON), yesterday, destroyed fake and substandard products worth several billions of naira in Lagos. Products destroyed are engine oil, electrical cables…
A Rivers’ woman identified as Hope Nwala is on the run after allegedly bathed her husband, Ekelediri Nwankwo Nwala with a hot groundnut oil over a…
Nigeria’s currency, the Naira, slumped to N1,025 per dollar at Tuesday’s parallel foreign exchange market as forex scarcity worsened. Ahmed Gazali, a Bureau De Change operator…
