Credit rating agency Fitch has issued a warning that the Central Bank of Nigeria’s (CBN) Foreign Exchange (FX) Gateway Bank…
Browsing: Business Matters
Covers latest business tips, economy gist, financial reports etc.
In recent developments, the Nigerian Naira has witnessed a significant depreciation, reaching an exchange rate of N2,000 against the British…
The African Development Bank (AfDB) has projected strong economic growth for several African countries; however, Nigeria is notably absent from…
The National Bureau of Statistics (NBS) has reported a rise in Nigeria’s unemployment rate to 5%. This development underscores ongoing…
Wema Bank has announced a strategic partnership with the National Youth Service Corps (NYSC) in a joint effort to empower…
The Nigerian Senate has urged the Federal Inland Revenue Service (FIRS) to suspend tax waivers amounting to N17 trillion. This…
The Economic and Financial Crimes Commission (EFCC) has reportedly arrested operators of Bureau de Change (BDC) businesses in Abuja amid…
Business tycoon and philanthropist Tony Elumelu is scheduled to speak at the upcoming ECOWAS Mining Forum. His participation in the…
In response to the escalating prices of cement, manufacturers in the industry have identified specific conditions that, if met, could…
The Federal Government of Nigeria has announced a strategic plan to transition the country’s transport system to be more eco-friendly…
The Federal Government of Nigeria has announced a strategic plan to transition the country’s transport system to be more eco-friendly…
Ogaga Ologe, an industry expert, has highlighted that Fast-Moving Consumer Goods (FMCG) companies are well-prepared for the current turbulent economic…
The United States has strongly condemned Rwanda’s alleged support for the M23 rebel group’s violent attack in eastern Congo. This…
The House of Representatives has initiated a probe into the sale of two helicopters by the Nigerian College of Aviation…
The Lagos State Government (LASG) has unveiled plans to relocate Computer Village, a prominent technology hub in Ikeja, to Katangowa…
Former Vice President Atiku Abubakar has criticized the foreign exchange (FX) policy proposed by Bola Tinubu, describing it as “hurriedly…
The Socio-Economic Rights and Accountability Project (SERAP) has issued a 7-day ultimatum to the Nigerian National Petroleum Corporation (NNPC), demanding…
In a commendable move, the BUA Group, a prominent Nigerian conglomerate, has announced a 50% salary increase for its workers.…
In a statement that adds a political dimension to the discourse on Nigeria’s economic challenges, Godswill Akpabio has asserted that…
The Minister in charge of the gas sector has called for more investments in the industry, emphasizing the need to…