Business
BREAKING : NNPC Ltd, First E&P Commence 20,000bpd Local Production At...
The Nigerian National Petroleum Company Limited (NNPC Ltd.) and its Joint Venture partner in OML 85, First Exploration and Petroleum Development Company Limited (First...
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JUST IN: CBN Injects $500m Into Forex Market
The Central Bank of Nigeria (CBN) has injected another $500 million into the market as part of efforts aimed at addressing the persistent backlog...
Naira Stabilises Against US Dollar At Parallel Market
The Naira , on Tuesday, stabilized against the United States dollar in the parallel market as it traded for N1,295/$1.
The Nigerian currency, it was...
Minister Raises Alarm Over Bayelsa Pollution , Says State More Polluted Than Ogoniland
The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has expressed concern over the level of pollution caused by illegal bunkering activities,...
Sanwo Olu Unveils Middle- Level Fresh Food Market In Mushin, Empower Traders With Palliative
Lagos State Governor Babajide Sanwo-Olu, on Sunday, launched a fresh palliative scheme for low-income traders across local markets in the State, as part of...
“Nigeria’s External Reserves Take a Dip: A $520 Million Slide in Five Weeks”
By Ijezie Victor
Recent data from the Central Bank of Nigeria reveals a notable drop of $520.22 million in Nigeria's external reserves over the past...
Despite Volatility In FX Market, Nigeria records $110.14m Daily Forex Turnover
Nigeria recorded a daily foreign exchange turnover of $110.14million in the Nigerian Foreign Exchange Market (NAFEM), on Friday, 1st. December, 2023.
The daily forex turnover...
Gov. Abiodun Woos Foreign Investors, Says Ogun Is Investment Friendly
Ogun State Governor, Prince Dapo Abiodun has called on foreign businesses to make the state, especially the Special Economic Processing Zone, the destination of...
NGX Expresses Optimism On Economy Stability, Raises N4.7 Trillion To FGN Bonds In 2023
The Nigerian Exchange Group (NGX) Plc has expressed optimism of the nation's economy stability in the years to come saying that the operating subsidiaries ...
CBN Moves Against Dollar Speculators, Hoarders As Naira Depreciates
... As BDC Operators Confirm CBN Swoop On Hoarders, Speculators
The Central Bank of Nigeria (CBN), has vowed to go after currency hoarders and speculators...
Abiodun: My Administration Working Hard To Make Ogun Oil-Producing State , Seek Naval Presence...
Ogun State Governor, Prince Dapo Abiodun, on Tuesday, assured that Tongeji Island belongs to Nigeria as the Republic of Benin is not contesting the...
ICMR, SEC, FinTechNGR, CSCS Enter Strategic Collaboration To Strenghten Capital Market For Efficiency
Capital Market operators have said the adoption of technology and to further embrace fintechs would birth innovative products in the capital market Industry.
This was...
Freight Forwarders,Traders Estimate N500Billion Losses To LASG Closure Of Alaba, Ladipo Markets
Freight forwarders and shippers have estimated a whooping N500Billion losses to the closure of Alaba International Market , Ladipo Spare Parts Market and some...
Bello, Onyema, Maida, Yusuf, Sheidu-Shabi For City Business News Summit
All is now set for the City Business News Summit scheduled to hold November 8, 2023 at Oriental Hotels, Lagos State.
Expected at the Business...
Nigerian Naira Exchange Rate