Business

The rhythm of Nigeria's business world
PZ Cussons Plc plans to sell its African business, including a 73.27% stake in PZ Cussons Nigeria, to reduce exposure to naira fluctuations. The...
The Nigerian National Petroleum Company Limited (NNPCL) has authorized major marketers to lift petrol from Dangote Refinery, but independent...
The Nigerian naira strengthened by N116.84 against the U.S. dollar due to increased dollar liquidity, closing at N1,539.65 in the official FX...
The Central Bank of Nigeria (CBN) has implemented a 0.005% cybersecurity levy on all electronic transactions. The levy, under the 2015 Cybercrime...
Aviation workers in Nigeria have suspended a planned protest against the Federal Government's 50% revenue deductions from aviation agencies...
As of September 18, 2024, the black market exchange rate for the US dollar against the Nigerian Naira reached N1,660. This significant disparity...
Nigeria's central bank warns of risks to foreign reserves due to petrol subsidy removal and lower oil earnings. Despite $36.08 billion in...
Nigeria's Minister of Aviation, Festus Keyamo, has formally requested landing slots for Air Peace at London Heathrow Airport, citing ongoing...
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