Business

Nigeria’s IMTO inflows surge 45% to record $1.29bn

  • 19th August 2026

NSDC mobilises $1bn for sugar self-sufficiency

  • 18th August 2026

NAFEM turnover hits $1.41bn, highest in weeks

  • 18th August 2026

US states seek major changes as Meta child

  • 18th August 2026

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Some Populer Post

BudgIT urges FG not to dismiss US transparency report

Opinion

Naira holds steady at ₦1,350/$ in official FX market

Finance

Federal, states, LGs share ₦3.007trn July FAAC

featured Finance

NAICOM revokes universal insurance licence over capital shortfall

featured Policy and Regulations

Blog

CAC denies irregular recruitment
News

CAC drops deadline for POS operators’ bank registration

The Corporate Affairs Commission has instructed banks to ensure the registration of their customers in the agent banking platform on or before July 7, 2024. This was disclosed in a statement by the Registrar-General/CEO of CAC, Hussaini Ishaq Magaji on Tuesday. According to the statement, Magaji in a letter to banks, directed banks to register […]

Fuel queues won’t exceed Saturday, says Kyari
News

Scarcity: NNPCL confirms 1.5bn litres petrol stock, tackles suspected oil cartels

The Nigerian National Petroleum Company Limited has partnered with security agencies and other industry stakeholders to knock down a cartel suspected to be hoarding petrol across the country. According to the company, it has products that can last up to 30 days due to continuous improvement in nationwide supply and distribution of Premium Motor Spirit […]

News

Customs make N672.1bn in four months from Apapa command

The Apapa Command of the Nigeria Customs Service said it generated N672.1 billion from January to April 2024. This was disclosed by the outgoing area controller of the Apapa command, Babajide Jaiyeoba during his handover and retirement ceremony in Lagos on Monday, according to Daily Trust. Jaiyeoba said the command made a record-breaking revenue of […]

The Nigerian equities market closed in positive territory on Thursday, with investors pocketing a gain of N239bn in market capitalisation
News

NGX lays off 40 staff members

The Nigerian Exchange Group has initiated staff layoffs in the aftermath of its recent Annual General Meeting held in Lagos. Over 40 employees of the NGX Group were reportedly affected by the downsizing, with key personnel within the organization being instructed to step down, Nairametrics reported. Among those affected are regulatory officers, compliance managers, audit […]

First Bank lays off 100 senior staff in restructuring move
News

FBNBank Ghana rebrands to FirstBank Ghana

FBNBank Ghana has announced its rebranding to FirstBank Ghana, aligning with the identity, values, and vision of its parent company, FirstBank Group. This strategic move reflects the bank’s commitment to customers, stakeholders, and the community it serves. The rebranding is part of a broader initiative across FirstBank Group’s subsidiaries in Africa and Europe to leverage […]

News

[ICYMI] Largest container ship berths at Onne port

The Onne Multipurpose Terminal at Onne Port Complex has revealed that it hosted the largest container ship ever to carry out full operations at an eastern port. According to a recent statement by the terminal operator, the container ship, named Kota Cempaka, which is owned by Pacific International Lines, is 300 meters long, and could […]

Economy

CBN impose 0.5% Cybersecurity Levy on electronic transfers

The Central Bank of Nigeria has directed the banks in the country to start charging a 0.5 per cent cybersecurity levy on electronic transfers. This was disclosed by the CBN via a circular signed by the director of payments system management, Chibuzor Efobi, and the director of financial policy and regulation, Haruna Mustafa. According to […]

Bitcoin drops to $60,000 amid escalating Iran-Israel tensions
Crypto

Bitcoin completes 1bn trading volume

Alex Omenye The Bitcoin Network has achieved a momentous milestone by processing its one billionth transaction, marking a significant event in its 15-year history. As reported by CoinTelegraph, the milestone transaction, numbered 1,000,000,000, was confirmed in block 842,241 at 9:34 pm UTC on May 5, according to data from bitcoin user Clark Moody’s dashboard. This […]

Nigeria, others spent $1.4trn on debt servicing in 2023 - World Bank
featured

FG target $750m W’Bank loan, may reintroduce telecom tax

The Federal Government may reintroduce previously suspended telecom tax and other fiscal measures to secure a new $750m loan from the World Bank. This follows the Stakeholder Engagement Plan for Nigeria – Accelerating Resource Mobilisation Reforms programme between Nigeria and the World Bank. this was disclosed in a document posted on the World Bank’s website […]

Aviation

Shareholders reject Boeing CEO’s 45% pay rise

The Institutional Shareholder Services called on Boeing Company investors to vote against a $32.8 million pay package for its chief executive officer, David Calhoun, citing concerns over a special equity award and a “sizable increase” in his long-term incentive grant. This was disclosed by the shareholder advisory firm at the company’s annual meeting, according to […]

News

DMO unveils May FGN savings bond rates

The Debt Management Office has announced that the federal government of Nigeria is offering bonds for May. This was disclosed in a circular posted on the official X handle of DMO on Monday. According to the announcement made by DMO, the bond offering comes in two categories. The 2 years and the 3 years saving […]

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