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CDCFIB recruitment draws 1.9 million applicants, Kogi, Kaduna top list

NiMet forecasts heavy rains, thunderstorms, and flood risk across Nigeria from Monday to Wednesday

"Japa"

UAE imposes rules for travelers carrying $16,000 worth of valuables

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Business News

Business and economic news from Nigeria and around the world.

Oil prices, OPEC crude oil production drops to its lowest in nearly 30 years

Oil price plunge brings bears to party at the Nigerian stock market, investors lose N151 billion

by Olumide Adesina

The Nigerian Stock market dropped sharply today as the impact of the COVID-19 pandemic reinforced a painful hangover

Join webinars with Mitchell Elegbe (CEO of Interswitch) and others

by NM Partners

As the second edition of LABS by ARM continues, ARM in partnership with the Ventures Platform is extending some of...

Naira’s true worth,Naira gains on the dollar for the first time since March, Naira forwards hit record high as it crashes to N420/dollar in the parallel market, Naira hits N500 to $1 at the forward market, Naira hits N509 to the dollar at forwards market, demand for the U.S dollar climbs up, Naira hits $387.35 to $1 at currency spot market , Naira sells at N456, Nigeria’s Foreign Reserves drop by over $3 billion in Q1 2020, Investors and Exporters (I&E) window, Naira gains against the dollar, CBN close in on currency speculators

Naira forwards hit record high as local currency crashes to N420/dollar in the parallel market

by Chike Olisah

As events in the oil market fallout, the US dollar hit a record high against the Naira in the non-deliverable...

Nigeria needs to produce, export more oil and gas to sustain fiscal needs -Economist

Nigeria’s bonny light crude avoids price crash

by Nairametrics

Oil prices, particularly WTI, crashed below $0 during on Monday for the first time ever sending shock waves across the...

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

Fire outbreak at CBN office in Jos

by Abiola Odutola

There is a fire outbreak at the Jos branch of Central Bank of Nigeria.

CRUDE OIL, U.S Shale, Naira under pressure, as crude oil hits $25 per barrel, Oil Price: A dead cat bounce in the making?, Bears tear Crude oil futures into shreds as Brent slumps more than 20%

Bears tear Crude oil futures into shreds as Brent slumps more than 20%

by Olumide Adesina

Brent crude futures slumped by more than 25% on Tuesday 10.45 am Nigerian local time, closing below $20 a barrel.

Lagos state imposes 24-hour curfew, as hoodlums hijack #EndSARS protest, Social clubs, recreational centres to reopen August 14, Lagos International Trade Fair to get permanent site soon, Sanwo-Olu vows , Lagos State discloses road expansion plans in an effort to combat traffic, Lagos State cracking down on Uber, Bolt, Ocar a week after Okada, Keke Napep ban , LASG increases health workers’ allowances, commissions local production of face masks

Lagos increases health workers’ allowances, commissions local production of face masks

by Ruth Okwumbu-Imafidon

LASG has announced that in view of the increased workload of medical workers in the state, their April allowances would...

How businesses are preparing for post covid-19 era, Top 10 business risks that Nigerian companies will face in 2020/2021 - Report

New report reveals how companies are adjusting to COVID-19 pandemic

by Chike Olisah

Executives in different industries are seeking innovative ways to protect the health of their employees whilst reinforcing their companies’ resilience...

Tech Weekly RoundUp, coronavirus, Week 8, wole

TechRoundUp Season 2 Episode 15

by Op-Ed Contributor

On TechRoundUp this week, we are doing things a bit differently. We showcase a portion of our most recent Fintech...

COVID-19 relief: Group of Techpreneurs use BVN to disburse funds to Nigerians

by Ruth Okwumbu-Imafidon