Business News

‘Gingerrr’ & ‘The Herd’ ticket sales hit N573 million in Nigeria box office

November 5, 2025

China kicks against U.S. interference in Nigeria under ‘religion pretext’

November 4, 2025

Apapa Customs generates record N304 billion revenue in October 2025

November 4, 2025

Home Category Business News

Business News

Business and economic news from Nigeria and around the world.

CBN injects $218.41 million in SMIS, Coronavirus: CBN advises Nigerians to go cashless ahead of April 1 set date, Financial sector to offer skeletal services despite restrictions, COVID-19: CBN warns of cybercriminals, outlines the methods they use

Coronavirus: CBN advises Nigerians to go cashless ahead deadline

by Ruth Okwumbu-Imafidon

The CBN has advised Nigerians to adopt alternative payment methods like electronic transfers to avoid the spread of Coronavirus.

BioNTech's vaccine, Pfizer, WHO, Partners to deliver 2 billion doses of COVID-19 vaccines, Coronavirus blamed for Monday’s negative performance by Nigerian stocks, Experiment centre requests volunteers to infect with coronavirus and pay them N1.6 million, Airlines cut down capacity to raise capital, as Coronavirus takes a continuous hit at their revenue

Airlines cut capacity to raise capital, as Coronavirus hits revenue further

by Ruth Okwumbu-Imafidon

Some airlines have announced their intention to downsize capacity in a bit to raise capital, amid continuous fears of the...

Speculators strike as exchange rate falls to N366/$1

by Research Team

Speculators strike as exchange rate falls to N366/$1, stocks lose another N1 trillion.

Market Views

Driving tax revenue growth

by CSL Stockbrokers

According to FIRS boss, several multinationals within the country have failed to remit the required tax payment to the service...

LCCI, NECA warn FG on endangering productivity of Nigerians, LCCI DG offers equity financing as solution to President Buhari’s cravings for loan

LCCI tasks FG to explore equity financing as an option to cravings for loan

by Fakoyejo Olalekan

The DG of the Lagos Chamber of Commerce and Industry (LCCI), Muda Yusuf, has stated that equity financing is the...

Global stocks tumble on "corona" sell off, BLOODY WEEKS: Coronavirus cost investors N1 trillion, triggers devaluation fears, Global Market Summary on Tuesday, Analysis: The economy is crashing, avoid falling knives,, Debt crisis looms in emerging markets,Debt crisis looms in emerging markets

Global Market Summary on Tuesday

by Olumide Adesina

These are certainly bad times for Nigeria's equity market, as its stock Index lost about 4.9% when it closed at...

Royal Exchange completes acquisition deal between German Fund and subsidiary , Royal Exchange subsidiary receives investment from German Government

Royal Exchange subsidiary receives investment from German Government

by Emmanuel Abara Benson

Royal Exchange Plc announced yesterday that InsuResillience Investment Fund has completed the acquisition of 39.25% equity stake in its subsidiary.

Paga partners Visa, users to enjoy new merchant options

by Ruth Okwumbu-Imafidon

Nigerian based fintech, Paga has entered into a partnership with global payment processor, Visa, to leverage on the latter's network...

Politics

Sanusi breaks silence over his removal, arrives Nasarawa

by Chike Olisah

The deposed Emir of Kano, Muhammad Sanusi II, has finally broken his silence over his removal.

Caverton joins list of companies that postpone their 2019 financial reports submission

by Fakoyejo Olalekan