Business News

Nigeria Customs Service directs shortlisted candidates to verify emails for 2025 recruitment

September 13, 2025

Single-Use-Plastic ban: Lagos goes after traders in Victoria Island, Lekki, Idumota, Oshodi and other markets

September 12, 2025

NiMet forecasts thunderstorms and heavy rains across Nigeria from Friday to Sunday

September 12, 2025

Home Category Business News

Business News

Business and economic news from Nigeria and around the world.

Naira maintains stability at forex markets as dollar supply rise by 57%, Exchange rate, dollar, Foreign Direct Investment, Global Investment, Naira appreciates at I & E window, hits N384 to $1

Naira appreciates at I&E window, hits N384 to $1

CBN intervenes in the foreign exchange market, the local currency, naira, on Monday May 4, 2020, appreciated against the dollar

FG spends $22.2m of $322m Abacha loot on social programmes, FG recovers another $311 million Abacha loot from US, Jersey, $311 million Abacha loot handed over to Nigeria Sovereign Investment Authority — FG

FG recovers $311 million Abacha loot from US, Jersey

Nigeria has recovered over $311 million of stolen funds from the country’s former military ruler, General Sani Abacha from the...

Meet the people in the engine rooms of top companies on the NSE

by Ruth Okwumbu-Imafidon

The role of the secretary in corporate governance is critical as they are to ensure that good corporate practises are...

Total Nigeria continues to debit N50 PoS fee from customers , Total announces board meeting and closed period

Total announces board meeting, closed period ahead of FY 2019 result release

by Olumide Adesina

The closed period will allow the company's board to consider the FY 2019 audited financial statement for the.

Sanwo-Olu, COVID-19: Lagos ramps up measure to smash disease as it begins fumigation, Covid-19: Total lockdowm imminent as Lagos fears confirmed cases could hit 39,000, Hotels to remain shut in Lagos, as manufacturing and construction companies get conditional waivers, COVID-19 palliative: Sanwo-Olu concludes Homegrown School Feeding Programme

Manufacturers, construction companies to receive waivers from Lagos State during lockdown ease-up phase

by Ruth Okwumbu-Imafidon

In the meantime, it appears all relaxation centres and other related businesses will remain shut for now until a review...

PenCom bars PFAs from collecting bond’s brokerages fee , N27.09 billion withdrawn, as 109,284 retirees quit the Contributory Pension Scheme , Nigeria’s Pension Asset increased by N228 billion in October

PenCom dissolves interim management committee for First Guarantee Pension, appoints new board

The National Pension Commission (PenCom) has dissolved the interim management committee of First Guarantee Pension Limited.

Bulls on rampage, surge passes the N12 trillion Nigeria’s stock market capitalization , Bulls on rampage, surge passes the N12 trillion Nigeria’s stock market capitalization

Bulls on rampage, surge pushes market cap over N12 trillion

by Olumide Adesina

The local bourse opened the week on a positive note as the Nigeria Stock market gained by +0.30% to close at...

Bank Run: Customers besiege banks on first day of partial lifting of COVID-19 lockdown

by Ruth Okwumbu-Imafidon

Earlier this morning, GTBank issued a statement announcing that only 11 branches in Lagos would be open as the lockdown...

Impact of covid-19 on earnings and profitability of Nigerian banks, positives and negatives – report, Covid-19: Impact on capitalization of Nigerian banks - Report

Banks to witness low earnings over Coronavirus- Report

The Nigerian economy, which had hitherto been fragile, has been badly hit by the impact of the lockdown resulting from...

CBN reveals framework for the N75 billion Youth Investment Fund, Economic Growth, CBN, Governor, Emefiele, CBN releases new capital base, sanctions for Microfinance Banks, Nigerian Banks broadly positive after naira devaluation, Naira hits N465 to $1, Central Bank begins disbursing $100million to hit at currency speculators, CBN appoints 3 Pre-Shipment Inspection and 2 Monitoring Agents for non-oil exports

Naira hits N430 per $1 as CBN restates dollar sales

by Olumide Adesina