Business
Latest Business news
Naira trades at N1,620/$ as depreciation enters fifth day in parallel market
The naira traded at N1,620 on Thursday, extending its depreciation streak to five days at the parallel section of the ...Court dismisses suit challenging blocking of SIMs not linked to NIN
The Federal High Court sitting in Lagos has dismissed an action filed by the Incorporated Trustees of the Socio-Economic Rights ...CBN approves sale of FX to BDCs at N1,450/$
The Central Bank of Nigeria has approved the sale of foreign exchange (FX) to eligible bureau de change (BDC) operators ...Tinubu approves N70,000 minimum wage
Tinubu approves N70,000 minimum wage President Bola Tinubu has approved N70,000 as the new minimum wage for Nigerian workers with ...FG gets over $751m World Bank loan
The Federal Government has obtained $751.88m out of the recently approved $1.5bn loan by the World Bank. The loan under ...Dangote refinery insists IOCs frustrating crude purchase, says traders sell above official price
The management of Dangote Industries Limited (DIL) has insisted that international oil companies (IOCs) are frustrating its request to purchase ...Tinubu seeks injection of N6.2tn into 2024 budget
President Bola Tinubu has forwarded to the Senate for consideration and approval the injection of N6.2 trillion into the ...Naira down to N1,555/$ in parallel market
The Naira yesterday depreciated to N1,555 per dollar in the parallel market from N1,545 per dollar last week Friday. Similarly, ...Nigeria’s inflation rate increases to 34.19% amid rising food prices
Nigeria’s inflation rate rose to 34.19 percent in June 2024 — up from 33.95 percent in May. The data is ...Focus on industrialised Nigeria made me sell my house in London – Dangote
Africa’s richest man Aliko Dangote has said that his passion for an industrialised Nigeria made him not to have ...
The Editorial is a Platform for factual and precise news updates. Available to the readers 24/7 globally