Business
Latest Business news
8 strong currencies in Africa [READ]
The strength of a currency is mostly due to the country’s stable economy, low inflation and interest rates. In the ...Nigeria’s GDP growth slows to 2.51% over ‘challenging economic conditions’
Nigeria’s gross domestic product (GDP) grew by 2.51 percent in the second quarter (Q2) of 2023, according to the National ...Nigeria’s Unemployment Rate Drops To 4.1% In Q1 2023 — NBS
Nigeria’s unemployment rate dropped to 4.1% in the first quarter of 2023 from 5.3% in the fourth of 2022, the ...Tinubu Directs Resolution Of Disagreements With UAE On Emirates Airline, Visa Issuance
President Bola Tinubu has directed that issues affecting relations with the Emirates Airline, and issuance of visas to Nigerians should ...Again, Naira weakens to N905/$ at parallel market, N773.4/$ at I&E window
The naira, on Wednesday, depreciated by 0.35 percent to close at N773.4/$ at the investors and exporters window. Data from ...CBN loan to manufacturers, power firms rise to N5.6tn
The Central Bank of Nigeria intervention in the power, manufacturing and aviation sectors have risen to N5.6tn in three years. ...Bureau De Change operators kick as CBN restricts forex trading
The Central Bank of Nigeria has announced operational mechanism for the Bureau De Change segment of the market to trade ...25 months after ‘ban,’ CBN releases fresh guidelines for forex sale by BDCs
The Central Bank of Nigeria has released fresh operational mechanisms for the sale of forex by Bureau De Change operators ...Falana sues CBN, says floating of naira ‘illegal’
Human rights lawyer Femi Falana, SAN, has slammed the floating of the naira by the Central Bank of Nigeria. Falana ...CBN introduces FX price verification system portal for importers
The Central Bank of Nigeria has introduced a foreign exchange price verification system portal to enable importers to access forex. ...
The Editorial is a Platform for factual and precise news updates. Available to the readers 24/7 globally