The Central Bank of Nigeria (CBN) is intensifying efforts to enhance foreign exchange (FX) inflows, ensuring greater access for manufacturers and retail users. Through various initiatives—ranging...
Nigeria’s top business magnates—Aliko Dangote, Mike Adenuga, Abdulsamad Rabiu, and Femi Otedola—have once again secured their positions on Forbes’ 2025 ‘Africa’s Billionaires List.’ The updated rankings,...
Maritime exports in Nigeria exceeded imports by 39.76% in 2024, reflecting a significant shift in trade patterns, according to the National Bureau of Statistics (NBS). The...
The Nigerian National Petroleum Company Limited (NNPC Ltd) is in the final phase of preparations to enter the capital market with an Initial Public Offering (IPO),...
The Port Harcourt refinery has completed 180 days of continuous operation, a milestone celebrated by the Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN). After...
The Nigerian Senate has urged the Ministry of Communications, Innovation, and Digital Economy to work closely with telecommunications providers to reassess the recent surge in data...
Amid ongoing financial challenges in Nigeria’s electricity supply sector, Federal Government subsidies to the Nigerian Electricity Supply Industry (NESI) escalated to N1.92 trillion last year. Despite...
Stanbic IBTC Bank has reaffirmed its dedication to empowering Nigerians through sustainable wealth management and strategic financial planning. The Chief Executive, Wole Adeniyi, emphasized the need...
The Bank of Industry has appointed FIC Professionals Network Plc as a business development service provider to assist small and medium enterprises in accessing credit. In...
The suspension of the Federal Government’s naira-for-crude oil arrangement with Dangote Petroleum Refinery has sparked concerns over an imminent hike in fuel prices, prompting some filling...