Data demonstrating the Central Bank of Nigeria’s (CBN) seldom involvement in the foreign exchange market demonstrate that the CBN is…
Browsing: Business
Nigerian And World Or International Business News
The Nigerian Ports Authority (NPA) is scheduled to get a $700 million loan from Citibank, which will be financed by…
The Dangote Petroleum Refinery is offering Automotive Gas Oil (AGO), generally known as diesel, at a reduced price of N1000…
UBA stockholders would receive a final dividend of N78.7 billion in FY 2023, equivalent to N2.30 per ordinary share retained.…
The Federal Government has urged oil and gas companies to come up with creative ways to raise money so they…
Chemical and Allied Products (CAP) Plc, a Nigerian paint and coating firm, posted its biggest profit in at least 13…
Yesterday saw a decline in the Nigerian Exchange Limited’s (NGX) equity market as losses in bank stocks caused the market…
Dangote Cement Plc shareholders’ unclaimed dividend increased to N4.7 billion as of December 31, 2023. This can be found in…
The latest figures from the National Bureau of Statistics (NBS) show that Nigeria’s inflation rate jumped to 33.2% for March…
The financial world is waiting impatiently for the National Bureau of Statistics (NBS) to release Nigeria’s consumer price index (CPI)…
In a concerted effort to bolster the enduring partnership between the Nigeria Customs Service (NCS) and its counterpart in the…
Following an Iranian strike on Israel, the naira appreciated versus major currencies on Monday, as demand for safe-haven assets soared.…
The National Identity Management Commission (NIMC) has stated that all Nigerians will receive the National Identification Number (NIN) within the…
The Nigerian government is being urged by civil society organizations, spearheaded by Amnesty International, to thwart Shell Plc’s intention to…
Nigeria’s stock market finished the trading week on Friday, April 12, in the red, down 1.09 percent. Over N638 billion…
Zenith Bank Plc, a Nigerian lender, plans to issue 31.3 billion new shares in an effort, aimed at raising additional…
Friday saw a rise in Tokyo stocks as US tech shares increased and the yen declined vs the dollar. In…
The Standards Organization of Nigeria (SON) has recertified Axxela Limited’s Integrated Management System (IMS), which includes ISO 9001:2015, ISO 14001:2015,…
The Central Bank of Nigeria’s (CBN) decision to sell dollars to Bureau De Change (BDC) operators below market rate has…
In a landmark trial that has captivated the Vietnam nation and the Business world, Truong My Lan, a prominent Vietnamese…
Champion Breweries Plc, a Nigerian brewing company, saw its profit plummet by 73.6 percent last year, according to the company’s…
Aliko Dangote, head of the Dangote Group, stated yesterday that his refinery’s sale of diesel at reduced prices would help…
The exchange rate used by the Nigeria Customs Service to determine import tariffs has been revised to N1,238.179/$, higher than…
Nigerian startups garnered $160 million in capital in the first three months of this year, despite a slowdown in fundraising…
The Central Bank of Nigeria’s (CBN) Director of Financial Policy & Regulatory Department, Haruna B. Mustafa, has given explanations for…
The Nigeria Customs Service (NCS)’s Murtala Muhammed Airport Command brought in N45.23 billion in income during the first quarter of…
United Bank for Africa (UBA) Plc has announced its audited financial statements for the fiscal year ending December 31, 2023,…
Oil prices rose in early Asian trading as optimism waned about the possibility of ceasefire discussions between Israel and Hamas…
A recent review by a TikTok user has ignited a conversation in the automotive world, challenging perceptions about luxury SUVs…
Nigeria, Ethiopia, Malawi, Sierra Leone, and Zimbabwe are the Sub-Saharan African (SSA) countries with the biggest rise in food inflation…