Business news today
The digital asset platform CBEX has reportedly crashed, wiping out over ₦1.3 trillion from thousands of Nigerian investors. A crypto security expert has...
The World Bank has clarified that the $10.50 million funding for the Central Bank of Nigeria (CBN) is a grant, not a loan,...
Nigeria imported N11.8 billion worth of apples in the last quarter of 2024. The fruit prices continuing to rise, making them unaffordable for...
CBN has injected $197.71 million into the foreign exchange market to ensure liquidity and stability. The move aims to support a stable, transparent,...
Nigeria’s total public debt hits N144.67 trillion ($94.23 billion) as of December 31, 2024. The debt increase is attributed to significant rises in...
IMF has expressed support for Nigeria’s Single Window Trade Project, aimed at streamlining trade processes and increasing government revenue. The project, which has...
CBN has denied introducing new N5,000 and N10,000 notes, labeling the reports as false. The reports had claimed that the CBN was set...
The naira has continued to appreciate against the dollar at the official foreign exchange market. According to the Central Bank of Nigeria’s data,...