Business

The rhythm of Nigeria's business world
The Central Bank of Nigeria (CBN) has introduced limits on Point of Sale (PoS) withdrawals, capping daily transactions at N100,000 per customer...
The Nigerian Senate has passed the Nigerian Insurance Industry Reform Bill, 2024, raising minimum capital requirements for insurance businesses...
Nigerians paid N2.23 trillion in ransoms to kidnappers between May 2023 and April 2024, according to an NBS report. The survey highlights...
The Federal Executive Council approved Nigeria’s ₦48 trillion 2025 budget, highlighting a ₦13 trillion deficit to be financed through borrowing...
The Naira appreciated to N1,660/$ in the parallel market but weakened to N1,550/$ in the official market, reflecting mixed performance on Monday...
Transcorp Hotels Plc has appointed Uzo Oshogwe as its new MD/CEO, effective January 1, 2025. With over 30 years of experience and a strong track...
Nigeria's inflation rate surged to 34.6% in November 2024, driven by rising food prices, including yam, rice, and maize. The National Bureau of...
The Dangote Petroleum Refinery has successfully exported petrol to Cameroon, Ghana, Angola, and South Africa. The refinery, the largest...
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