Business

Dollar To Naira Black Market Exchange Rate For Today April 23, 2023

The dollar to naira black market exchange rate for today 23rd April 2023, on Daily Report Nigeria. This digital news platform has obtained the official naira black market exchange rate in Nigeria today…

Daily Report August 14, 2025

Business

Refinery: Dangote Begins Loan Repayment

The Central Bank of Nigeria(CBN) Governor, Godwin Emefiele has announced that Aliko Dangote, the President of Dangote Group, has started repaying some of the loans used to finance the Dangote…

August 14, 2025

Business

BREAKING: Binance Nigeria Limited a Scam Entity – Binance CEO

The Chief Executive Officer of Binance, Changpeng Zhao, has declared Binance Nigeria Limited a scam entity. In a statement issued via Twitter on Sunday, June 18, the Binance CEO declared…

Daily Report August 14, 2025

Business

Items Banned by CBN From Accessing Forex

The Central Bank of Nigeria (CBN) plays a vital role in regulating the country's financial system and ensuring stability in the Nigerian economy. To safeguard foreign exchange reserves and encourage…

August 14, 2025

Business

NNPC Secures Emergency $3b Loan to Battle Naira Fall

The Nigerian National Petroleum Company Limited (NNPLC) on Wednesday secured an emergency $3bn crude oil repayment loan from Afrexim Bank. Daily Report Nigeria reports that the NNPCL in a brief…

Daily Report August 14, 2025

Business

World Bank Approves Fresh $700m Loan for Nigeria

The World Bank has approved a fresh $700 million loan to support education and empowerment initiatives for adolescent girls in Nigeria. The loan will be used to scale up the…

August 14, 2025

Business News

Dollar Hits N1,100 After Recent Rise

The Naira has weakened against the Dollar after its recent rise at the official market after hitting its lowest in history of N848/ dollar. It quickly fell in the official…

August 14, 2025

Business News

ATMs Withhold Cash, POS Operators Double Charges as Naira Scarcity Bites

Automated Teller Machines (ATM) in various cities across the country have ceased to dispense cash to customers as scarcity of the Naira gradually bites harder. Daily Report Nigeria reports that…

Daily Report August 14, 2025

Business

Bread Makers Announce Nationwide Strike

Bread makers and caterers across Nigeria have announced their intention to commence a nationwide strike beginning on February 27, 2024. The decision was conveyed through an official statement issued by…

August 14, 2025

Business

Dangote Names Lagos Refinery Road After Herbert Wigwe on Tribute Night

Businessman, Aliko Dangote has named a major refinery and petrochemical road the late Herbert Wigwe, the Chief Executive Officer (CEO) of Access Bank Holdings. Dangote did the naming on Monday,…

August 14, 2025