Category: Business
Money, economy, currency, power, oil and gas and all business news.
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Naira sheds N18 against dollar at official window
The Nigerian currency, the naira, shed N18 against the United States dollar at the official market on Thursday. Data from the Central Bank of Nigeria… Read More
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NDIC to pay first tranche of liquidation dividends to Heritage Bank depositors in April
The Nigeria Deposit Insurance Corporation (NDIC) has announced plans to commence the payment of the first tranche of liquidation dividends to depositors of Heritage Bank… Read More
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Naira depreciates to N1,620/$1 at black market, no official rates yet
The Nigerian currency, the naira, depreciated against the American dollar at the black market on Wednesday, April 9, 2025. This is even as there is… Read More
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Tinubu’s aides meet with Dangote, NNPC, reach agreement
A meeting between a presidential delegation and officials of the Dangote refinery, NNPC and other parties has agreed to extend the policy of selling Nigerian… Read More
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EU offers US free trade in industrial goods as new tariffs loom
By Doris Pundy, dpa The European Union has offered the United States an agreement on the reciprocal lifting of all tariffs on industrial goods, European… Read More
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Mali, Niger, Burkina Faso impose 0.5% import levy on ECOWAS countries
The Alliance of Sahel States (AES), a recently established pact comprising three junta-led states – Mali, Niger Republic, and Burkina Faso – has imposed a… Read More
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We are not against taxes but illegal interference and intimidation – RTEAN
CALABAR – The Road Transport Employers Association of Nigeria (RTEAN) has disclosed that it was not against legitimate taxes but against illegal interference and intimidation… Read More
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Dangote Refinery: Why fuel price may hit above N1,000 per litre – PETROAN President, Gillis-Harry
The national president of the Petroleum Retailers Outlets Owners Association of Nigeria, Billy Gillis-Harry, has explained why fuel prices may hit above N1,000 per litre… Read More
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Telecoms Subscribers Call for Alternative Network Operators in Nigeria
Some telecommunication(telecoms) subscribers in the South-South region have called on the Federal Government to provide alternative networks and revive its own telecoms for efficient communications… Read More
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How Transcorp Made N338bn From Electricity Distribution
Abuja, Nigeria – Transnational Corporation Plc, widely known as Transcorp, has delivered a stellar financial performance for the year ended December 31, 2024, recording a… Read More
