ANALYSIS: Why Nigeria GDP is not the best in Africa Despite having the largest market
February 10, 2026
PAG Reiterates Demand for Removal of INEC Chairman Over Integrity Concerns
February 7, 2026
Friday, February 13, 2026
Business
1 Minute
Naira Weakens To 1,233/Dollar At Parallel Market
The naira exchanged to the dollar at 1,233/$ on Monday at the parallel market, according to Bureau de Change operators. Some BDC operators who spoke to the press said, the local currency which was...
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1 Minute
CBN Probes Banks, PoS Operators Over Naira Scarcity
The Central Bank of Nigeria says it is investigating collusion between the banks and Point-of-Sale operators over the lingering cash scarcity in the country. It said this in a statement titled, ‘CBN cautions banks,...
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2 Minutes
JUST-IN: Port Harcourt Refinery Recommences Operation After Years Of Shutdown
The Port Harcourt Refining Company in Rivers State has recommenced operation in line with the Federal Government’s promise to ensure the production of refined products at the facility in December 2023. The development is...
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3 Minutes
Cash Crunch: NLC Warns FG Of Mass Protest As Banks Cut Withdrawals
The Nigeria Labour Congress, on Tuesday, expressed concerns over the lingering cash scarcity in the country. Five days to the Christmas Day celebration, the congress said in a statement by its National President, Joe...
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1 Minute
Jubilations As Naira Surges Against Major Currencies
In a nationwide atmosphere of optimism, Nigeria revels in a significant boost as reports from Naira Rates indicate a substantial appreciation of the country’s currency against major international counterparts. Notably, this positive momentum follows...
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2 Minutes
Breaking: NNPCL Aims To Achieve A Crude Oil Production Of Two Million Barrels Per Day By 2024 With AI Integration
The Nigerian National Petroleum Company Limited (NNPCL) revealed its ambitious plans on Monday to achieve a daily production of two million barrels of crude oil by 2024. This target, if realized, would significantly surpass...
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1 Minute
Small Businesses To Access Funds From N150bn Grant
Manufacturing sector is set for a relief as the federal government is set to kickoff its two programmes targeted at alleviating the impact of the fuel subsidy removal – the Presidential Conditional Grant Programme...
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1 Minute
Nigeria’s Inflation To Fall, Pressures To Reduce On Exchange Rate In 2024, Says CBN
The Central Bank of Nigeria (CBN) on Thursday said the country’s inflation rate and the pressures on the exchange rate will reduce in the coming year. While the country’s inflation rate jumped to 27.33%...
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2 Minutes
CIBN Asks Banks To Prevent Fraudulent Transactions
The Chartered Institute of Bankers of Nigeria has advised the Central Bank of Nigeria to implement policies that will effectively curb fraudulent transactions within the banking industry. The institute also urged financial institutions to...
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2 Minutes
CAC To Delist Over 91,000 Companies Over Infractions
The Corporate Affairs Commission is set to delist 91,843 companies for failing to file their annual returns with it. In a list published on its website, the commission listed 91,843 companies for delisting (2,738...
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