Naira strengthens against dollar, begins July on positive note
The naira continued its appreciation against the dollar at the official foreign exchange market on Tuesday. According to data from […]
African Business News
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NNPCL announces N6.008tn revenue, 1.63 mbpd crude production in May
The Nigerian National Petroleum Company Limited (NNPCL) has announced N6.008 trillion revenue for the month of May 2025. May’s revenue
Canada shelves digital tax on US tech giants to revive trade talks with America
In a significant move to salvage trade negotiations with the US, Canada has decided to shelve its plans to impose
NCAA grounds Rano Air aircraft after mid-flight engine failure
The Nigeria Civil Aviation Authority (NCAA) has grounded a Rano Air aircraft with registration number 5N-BZY following an in-flight engine
Concerns as Nigeria’s debt balloons to N149.39tn amid worsening infrastructural deficit
Financial experts and economists have raised concerns over Nigeria’s N149.39 trillion debt profile at the end of the first quarter
ICAN to establish ‘Governor Bago’ Student Centre in Minna
The President of the Institute of Chartered Accountants of Nigeria, ICAN, Dr. Haruna Nma Yahaya, has announced plans to set
Dangote Refinery reduces fuel price as petrol marketers hold emergency meeting
Nigeria’s Dangote Refinery has reduced its premium motor spirit ex-depot price to N840 from N880 per litre. This comes as
Naira appreciates against dollar on official market
The naira appreciated significantly against the dollar at the official foreign exchange market to begin the week on a bullish
Nigerian banks announce early closure over half-year audit
Nigerian commercial banks have announced early closure from Monday, June 30, 2025. The banks gave scheduled half-year audit activities as
DMO: Data Analyst Ogunsanwo picks holes in Nigeria’s N149.39tn debt
Babajide Ogunsanwo, a data analyst, has picked holes in Nigeria’s N149.39 trillion debt figure as of the first quarter of
FCMB opens new branch at Sangotedo in Lagos
First City Monument Bank (FCMB) officially commissioned a new branch in Sangotedo, Lagos, on June 26, 2025. Local leaders expressed
US Lifts Sanctions on Gazprombank for Hungary’s Paks-2 Nuclear Power Plant Project
In a significant development, the United States has lifted sanctions that previously barred financial transactions with Russia’s Gazprombank related to