Business

The governor of the Central Bank of Nigeria, Olayemi Cardoso, has said that foreign exchange backlogs have been cleared in all the banks except for five of them. Cardoso said...

MTN Nigeria, yesterday, apologized to millions of its network subscribers that experienced some difficulties in making and receiving calls as well as accessing the internet for a greater part of...

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) yesterday projected an investment inflow of about $17.67 billion into the upstream petroleum sector with an expected cumulative 2.12 billion barrels of oil...

The naira experienced an increase in value in both the parallel and official markets, on the back of the recent hike in the MPR rate, crackdown on currency speculators, foreign...

According to developing reports, the Securities and Exchange Commission (SEC) may slam huge fines running into billions of dollars on one of the world’s biggest exchanges, Binance, and other cryptocurrency...

In developing stories, Nestle Nigeria Plc has reported a loss before tax of N104 billion for the year ended 2023 compared to a profit before tax of N71 billion same...

The Central Bank of Nigeria (CBN) yesterday announced a series of interventions to cushion the economy. This includes the resumption of the sale of dollars to Bureau de Change (BDC)...

The naira yesterday again returned to gaining at the parallel market as it appreciated to N1,620/$1. However, the official Nigerian Autonomous Foreign Exchange (NAFEM) deprecated closing yesterday at N1,615.94 signifying...

Nigeria’s equities market saw a down of 0.12 percent in early trading on Tuesday ahead of today’s decisions from the ongoing Monetary Policy Committee meetings following the market’s negative start...

The federal government on Tuesday announced a 24-hour closedown of the Third Mainland Bridge in Lagos state from noon on Wednesday to noon on Thursday. It was made known in a statement...