The Minister of Power, Adebayo Adelabu, has said that the federal government will sanction power distribution companies (DisCos) that fail to supply 20 hours of […]
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Category: Business
Companies owned by Tony Elumelu, Femi Otedola and Jim Ovia made N2.64 trillion capital gains in first quarter of 2024
Companies owned by some of Nigeria’s richest businessmen, including Tony Elumelu, Femi Otedola, and Jim Ovia, experiences significant stock market gains throughout the first quarter […]
Forex inflows rise to $3.7b, its highest level in 5 years
Total inflows into the foreign exchange (forex) market rose by about 42 per cent in March to hit its highest level in the past five […]
Lagos state threatens to seal supermarkets over non-disclosure of price tags on products
The Lagos State Government has warned supermarkets and grocery stores throughout the state to display price tags on all products, warning that failure to comply […]
Dollar allocations have become expensive, we are recording losses – Association of Bureau De Change Operators tells CBN
The Association of Bureau De Change Operators of Nigeria (ABCON) has appealed to the Central Bank of Nigeria (CBN) to adjust and lower its applicable […]
How You can make $1,000/week with minimal effort online
You can make $1,000/week with minimal effort online if you know, But most people don’t know. Here’re 4 resources to learn these for free and make […]
Oil marketers propose N550/litre fuel price to Dangote refinery
As Dangote Refinery is set to begin operations in May 2024, oil marketers have intensified efforts towards meeting with the management of the […]
Nigerian Government To Launch New National Identity Cards Linked To Bank Accounts
Only registered citizens and legal residents with the National Identification Number (NIN) will be eligible to request the card. The President Bola Tinubu-led Nigerian government […]
Dollar not selling at N1,000/$1- BDCs debunk viral post
Bureau de Change operators in Abuja have dismissed online reports that a US Dollar is exchanging for between N900 and N1,000 in the FCT. There […]
Naira appreciates to N1,290 per USD amid CBN’s interest rate hike
Naira’s appreciation against the US dollar continued on Monday, exchanging N1,290 and N1,382.95 per USD at both parallel and official foreign exchange markets amid the […]