Members of the Association of Bureau De Change Operators of Nigeria (ABCON) have been warned to adhere closely to the…
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Nigerian And World Or International Business News
Nigeria’s external reserves increased by $7.7 billion to $40.3 billion in the 11 months leading up to November 2024, thanks…
This report is from today’s TNC’s Daily Open, our international markets update. TNC Daily Open keeps investors informed on everything…
Due to inflation pressures and the foreign exchange shortage, underwriters are confronted with high reinsurance costs as they begin the…
Together with Nigerian authorities, the Toronto Police Service has found and returned $225,000 to a victim who Nigerian national Omonkhoa…
In an economy where corporate losses are mounting due to naira volatility, Okomu Oil, a Nigerian oil palm producer, had…
The Nigerian Civil Aviation Authority (NCAA) has announced that airlines that fail to refund passengers within 14 days of flight…
The third quarter of 2024 saw an 87% drop in foreign investments in Nigeria’s telecommunications sector, a sharp reduction from…
Following a recent suggestive tweet by Elon Musk, which was seen as the billionaire endorsing the meme coin, Baby Dogecoin,…
The National Bureau of Statistics (NBS) reports that in the third quarter of 2024, the Nigerian government collected N1.78 trillion…
On Wednesday, Nigeria’s one-year treasury bill (T-bill) auction recorded the highest investor interest in 2024, with total bids amounting to…
The Bank of Industry (BOI) and the African Guarantee Fund (AGF) have inked a $50 million Loan Portfolio Guarantee framework…
According to state media, on Thursday, the Chinese shopping app Temu was forced to cease its services in Vietnam after…
According to the National Information Technology Development Agency (NITDA), in the first half of this year, international digital corporations operating…
According to THE NEWS CHRONICLE’s analysis, Guinness Nigeria and International Breweries had the highest cost-of-sales ratio among peers in the…
Despite improving fundamentals in the country’s foreign exchange market, the Nigerian naira remained relatively stable on the unofficial market on…
FCMB Group Plc reported a pre-tax profit of N27.6 billion for the third quarter of 2024, up from N16.9 billion…
The World Bank’s most recent International Debt Report found that developing nations spent a record $1.4 trillion on foreign debt…
The Central Bank of Nigeria (CBN) has issued a directive directing Deposit Money Banks (DMBs) to prioritize efficient cash disbursement…
Vietnamese property tycoon Truong My Lan, 68, has lost her appeal against the death sentence imposed in April 2024 for…
As the quality of their products improves, Okomu Oil and FTN Cocoa’s export sales increased by 205.6 percent in the…
The Nigerian All-Share Index (ASI) saw a significant increase at the end of December 2, 2024, rising 226.99 points to…
The price of cooking gas, also known as liquefied petroleum gas (LPG), has been rising all over Nigeria even after…
Cutix PLC’s pre-tax earnings for the May 1 – October 31, 2024, period was N764 million, up from N673.4 million…
The federal government’s lofty target of producing 2 million barrels of crude oil per day (bpd) by the end of…
Foreign ownership in Nigeria fell to $12.8 billion between 2022 and 2023 due to the currency crisis and corporate withdrawals.…
Olayemi Cardoso, the governor of the Central Bank of Nigeria (CBN), has made it clear that the high interest rate…
The Central Bank of Nigeria (CBN) has announced key projects for 2025, with the goal of developing the nation’s financial…
Micro, Small, and Medium-Sized Businesses (MSMEs) can now access money at a single-digit interest rate of 9% annually thanks to…
Black Friday was once an exciting time for shoppers in Nigeria. This day symbolized unbeatable deals, bustling stores, and the…
