Latest Business News

Naira appreciates to N1,419/$ at official market

  The naira appreciated at the Nigerian Autonomous Foreign Exchange Market (NAFEM),…

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NAFDAC begins enforcement of ban on alcoholic drinks in sachets

  The National Agency for Food and Drug Administration and Control (NAFDAC)…

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$2.4bn out of $7bn FX backlog invalid, $2.3bn paid – Cardoso

Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso has assured…

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Blackout as national grid collapses

  The national grid, on Sunday, collapsed to zero megawatts, leading to…

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Airfares to UK, US, others jump by 55%

  The depreciation of the naira against the United States dollar by…

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Naira gains after CBN orders banks to offload excess dollars

  The Naira, on Thursday, showed signs of recovery from previous losses…

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BDC operators shut down market today

  The Association of Bureau De Change (BDC) Operators has reportedly decided…

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Naira falls to N1,530 at parallel market, surpasses official window rate

  The naira, on Wednesday, crossed the N1,500 mark at the parallel…

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EFCC investigating Nigeria Air deal, says Keyamo

  Minister of Aviation and Aerospace Development, Festus Keyamo says the Economic…

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Otedola appointed FBN Holdings chairman

  Billionaire businessman, Femi Otedola has been appointed as chairman of the…

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