Africa Richest Man, Aliko Dangote made over 700million Dollars From Selling Cement
March 2, 2026
How Nigeria External Reserves Rose To $ 50.25 billion
February 26, 2026
Saturday, March 7, 2026
Business
2 Minutes
Banks’ Stocks Gain Amid Recapitalisation Plan
The stocks of financial institutions appreciated on the first trading day after the Central Bank Governor, Dr. Olayemi Cardoso, on Friday, said that banks will be required to recapitalise to service the $1 trillion...
Read More
3 Minutes
Fresh Recapitalisation: Bank CEOs, Others In Merger, Acquisition Talks
Indications emerged on Saturday that the chief executive officers and other top executives of Deposit Money Banks had begun moves to raise fresh capital to bolster their respective institutions’ capital base in line with...
Read More
1 Minute
Naira Drops To N956/$ As Dollar Supply Falls By 46%
The naira fell, on Thursday, to N956/$ on the official Investor and Exporter forex window as dollar supply declined by 46.77 per cent. This is a 13.78 per cent decline from the N840.53/$ the...
Read More
1 Minute
Nigeria Will Be Net Exporter Of Petroleum Products In 2024 – NNPCL
The Nigerian National Petroleum Company Limited (NNPCL) on Wednesday said Nigeria will be a net exporter of petroleum products in 2024. NNPCL Group Managing Director, Mele Kyari made this known when he paid a...
Read More
1 Minute
Today’s Dollar to Naira Rate In The Black Market
Check out the current black market exchange rate for Dollar to Naira on November 21 below. You have the option to exchange your dollars for Naira at these rates. As of Tuesday, November 21,...
Read More
1 Minute
FAAN Suspends Car Hire Service at Abuja Airport
The Federal Airports Authority of Nigeria, FAAN has suspended the airport car hire service at the Nnamdi Azikiwe International Airport, Abuja. This is as a result of the unresolved factional dispute amongst car hire...
Read More
0 Minutes
Naira Appreciates: Exchange update
The value of the Nigerian Naira experienced an appreciation, with an exchange rate of N741.50 to $1 at the investors and exporters window on Monday. This marks a significant increase of 3.61% compared to...
Read More
2 Minutes
Nigeria’s foreign reserves jump to $36.624 billion – CBN
Nigeria’s foreign reserves made a significant improvement as it increased to $36.624 billion on May 15, 2023, from $36.500 billion on May 8. This is coming at a time when the Naira continues to...
Read More
2 Minutes
CBN denies plans to phase out redesigned currencies
The Central Bank of Nigeria (CBN) has debunked rumours that it plans to phase out the newly redesigned Naira notes from circulation. CBN’s Acting Director, Corporate Communications Department, Isa Abdulmumin, made this known in...
Read More
1 Minute
Elon Musk dethroned as world’s richest person- Forbes
Tesla CEO Elon Musk has been dethroned as the world’s richest person, according to Forbes. After holding the top spot for several months, Musk has now been surpassed by the CEO of luxury goods...
Read More
