Business news today
President Bola Ahmed Tinubu has formally requested the National Assembly’s approval for a massive $21.5 billion external borrowing plan for 2025-2026, alongside additional...
The Niger Delta Power Holding Company (NDPHC) says 2,000MW of power generation capacity is stranded due to a N600 billion debt burden and...
The naira appreciated significantly against the dollar at both the official and black markets during the week of May 16–23, 2025. Official data...
Nigeria’s mining sector revenue rose from ₦6 billion in 2023 to over ₦38 billion in 2024. The sector attracted over $800 million in...
Nigerian manufacturers, under the Manufacturers Association of Nigeria (MAN), have urged commercial banks to stop harassing them over unmet Forex forward obligations. The...
SERAP has sued the Central Bank of Nigeria (CBN) for failing to disclose details of direct payments to Nigeria’s 774 local government councils,...
The Nigerian National Petroleum Company Limited (NNPC Ltd) has announced a scheduled shutdown of the Port Harcourt Refining Company (PHRC) for maintenance starting...
The naira recorded a notable appreciation against the U.S. dollar at both the official and black markets by the end of trading on...