Business

Naira trades N1,401/$ at official market

The naira appreciated at the official market on Tuesday, March 10, 2026, trading at N1,401.40 against the United States dollar.…

2 months ago

FG considers policy adjustments as Middle East tensions threaten Nigeria’s economy

The Federal Government of Nigeria says it may adjust economic policies if necessary as escalating tensions in the Middle East…

2 months ago

CBN extends AML compliance deadline for banks

The Central Bank of Nigeria (CBN) has extended the timeline for financial institutions to comply with its newly introduced baseline…

2 months ago

Musk worth $839bn in new Forbes list, set to become world’s first trillionaire

X owner Elon Musk's estimated $839 billion net worth has made him the wealthiest individual ever recorded. Forbes announced this…

2 months ago

Dangote Refinery cuts petrol price by N100

The Dangote Refinery has reduced the gantry price of Premium Motor Spirit (petrol) by N100, lowering it from N1,175 to…

2 months ago

Volkswagen to sack 50,000 workers as profit slides

Germany's automotive giant Volkswagen has announced it would cut 50,000 jobs by 2030 as its profit slid to its lowest…

2 months ago

FG suspends helicopter landing fees for oil companies

The Federal Government of Nigeria has ordered a temporary suspension of helicopter landing fees for oil and gas operators following…

2 months ago

Conoil, Oando lift stock market with N147bn gain as capitalisation hits N126trn

The Nigerian stock market opened the week on a positive note on Monday, March 9, 2026, with investors gaining N147…

2 months ago

DisCos rake in N2.3trn despite outages

Electricity distribution companies in Nigeria generated a combined revenue of about N2.33tn in 2025, despite persistent complaints from consumers over…

2 months ago

Abdul Samad Rabiu emerges Africa’s biggest wealth gainer as networth hits $11.2bn — Forbes

Chairman of BUA Group, Abdul Samad Rabiu, has emerged as Africa’s biggest wealth gainer in the 2026 Forbes ranking of…

2 months ago

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