Business
Private Sector Condemns Lifting of Forex Restrictions on Milk and Dairy Product Imports
In a move that has sparked controversy within Nigeria's private sector, the Central Bank of Nigeria (CBN) recently announced the...
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CBN Lifts Forex Ban on Importation of Milk and Dairy Products
In a significant policy shift, the Central Bank of Nigeria (CBN) has lifted the restriction on accessing foreign exchange for...
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NNPC to Take Decision (FID) on $25 Billion Nigeria-Morocco Gas Pipeline in 2024
The Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPCL), Mr. Mele Kyari, has announced that...
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Uber Leads $100M Investment in African Mobility Fintech Moove as Valuation Hits $750M
Moove, an African mobility fintech specializing in vehicle financing for ride-hailing and delivery app drivers, has secured $100 million in...
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SEC Proposes ₦1 Billion Capital Requirement for Virtual Asset Companies
The Securities and Exchange Commission (SEC) of Nigeria has put forward a proposal to raise the minimum paid-up capital for...
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Air Peace and Others Crash Tickets For Nigerian Students
As economic challenges persist in Nigeria, airline operators in the country have implemented adjustments to their ticket prices, citing inflation...
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CBN Warns Mortgage Banks: Submit Returns Promptly or Face Sanctions
The Central Bank of Nigeria (CBN) has issued a stern warning to all primary mortgage banks (PMBs) in the country...
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Cement Manufacturers Hike Price Further Amid FG Intervention
In a bid to address the soaring cement prices in Nigeria, major cement manufacturers, including Dangote Cement, BUA Cement, and...
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Dangote Cement: Aliko Dangote to Pocket $284.5 Million in Dividends
Africa’s wealthiest individual, Aliko Dangote, is poised to pocket a substantial dividend of $284.5 million from his ownership stake in...
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Transcorp Power, FBN Holdings Boost Market Capitalization by N194 Billion
In a significant surge, the Nigerian Exchange (NGX) witnessed a substantial gain of N194 billion in market capitalization on Tuesday,...
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