Latest Business News
Naira Holds Firm at ₦1,475/$ as CBN Boosts Reserves Past $43 Billion
Naira trades at ₦1,475 per dollar on official market amid cautious late-2025…
Rising Energy Costs Threaten Nigeria’s Inflation Gains – LCCI Warns FG
• Inflation drops to 18.02% — lowest in three years • LCCI…
FG, states, LGs share N2.103tn in Sept 2025
Total Revenue: N2.103 trillion shared among FG, State, and Local Governments in…
SEC, SMEDAN Sign Landmark MoU to Boost SME Access to Nigeria’s Capital Market
SEC, SMEDAN partnership targets 40 million micro, small, and medium enterprises (MSMEs).…
Nestlé to Cut 16,000 Jobs Globally Amid Automation Drive
•Nestle plans 16,000 job cuts over two years as part of cost-reduction…
FG Approves ₦28 Billion for Prepaid Meters to Close Nigeria’s 7 Million Metering Gap
NERC allocates ₦28 billion for Prepaid meters under the Meter Acquisition Fund…
Reps Summon CBN, Banks Over Illegal Deductions From Customer Accounts
Reps move to probe commercial banks over unexplained charges. CBN ordered to…
Retaliation: Mali Imposes $10,000 Visa Bonds on U.S. Citizens
Mali to require U.S. citizens to pay up to $10,000 visa bonds…
IMF Upgrades Nigeria’s 2025 Growth Forecast to 3.9%, 4.2% in 2026
IMF raises Nigeria’s GDP growth projection from 3.4% to 3.9% for 2025.…
FG Warns Cooking Gas Distributors Against Hoarding, Price Hike
FG orders monitoring of LPG depots nationwide amid rising costs. Cooking gas…