Latest Business News
Baraza Cooperative Society Appeals For Calm Amidst Fears Among Members
Baraza Cooperative Society, Bayelsa state Baraza Multipurpose Cooperative (BMC), has appealed to…
Naira Hits New Low as Parallel Market Rate Climbs to N1,739
The Naira has continued its downward trajectory in the parallel market, dropping…
CBN Allocates N1.73tn for Food Imports in Six Months
The Central Bank of Nigeria (CBN) allocated $547.7 million (approximately N823.19 billion)…
Commercial Banks Close Two Million Accounts
In the first quarter of 2024, Nigerian commercial banks closed over two…
FG Earns N581.7bn from FX Difference in July
The Nigerian government generated N581.710 billion in revenue from foreign exchange…
Naira Strengthens Further Against Dollar for Second Consecutive Day
The naira has strengthened against the dollar for the second consecutive day…
National Power Grid Collapses, Plunges Country into Darkness
The national power grid collapsed on Saturday, throwing the entire country into…
FG, States, LGAs Share N1.424tn FAAC Revenue For December 2024
The Federal Government, States, and Local Government Councils shared a total sum…
Warri Refinery Undergoes Routine Maintenance, NNPC Denies Explosion Reports
The Nigerian National Petroleum Company Limited (NNPC Ltd.) has announced that the…