Business

CBN Revokes Operational Licenses Of 4,173 BDCs Nationwide

The Central Bank of Nigeria (CBN), has revoked the licenses of 4,173 Bureau De Change (BDC) operators nationwide. Ag. Director, Corporate Communications, CBN, Mrs Sidi...

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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...

Gov. Otu Presents N250bn People’s First Budget, As Capital Expenditure Tops With 61.6%

The Cross River State Governor, Senator Bassey Otu, has presented an estimate of N250 billion for the 2024 fiscal year. Otu, who presented the budget...

Capital Market Will Aid Nigeria Regain  Economic Momentum -Owoturo

The Institute of Capital Market Registrars has said that an effective utilisation of Nigeria’s capital market can help the nation to regain its economic...

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