Business

Banking sector recapitalisation on track as deadline nears — CBN

The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has said the ongoing banking sector recapitalisation programme is progressing…

2 months ago

FG targets $1trn economy through funding for women-led businesses

The Federal Government has identified improved access to capital for women-led businesses as a key strategy to unlock Nigeria’s industrial…

2 months ago

Petrol hits N995 as Dangote adjusts prices

The Dangote Petroleum Refinery has increased its Premium Motor Spirit (petrol) gantry price to N995 per litre, marking a sharp…

2 months ago

Stock market rebounds with N220bn gain as capitalisation rises to N126trn

The Nigerian stock market bounced back from a one-day slump, boosting investors’ portfolios by N220 billion on Thursday, March 5,…

2 months ago

US grants short-term waiver for stranded Russian oil sales to India

The United States government has temporarily eased economic sanctions on Russia to allow Russian oil currently stranded at sea to…

2 months ago

Tinubu brokers historic truce on OPL 245 to boost Nigeria’s oil output

President Bola Ahmed Tinubu has announced the resolution of the long-running dispute over Oil Prospecting Licence (OPL) 245, clearing the…

2 months ago

Stock market dips as investors lose N101bn

Investors lost N101 billion on Wednesday, March 4, 2026, as sell-offs in key stocks pulled the Nigerian stock market back…

2 months ago

DMO offers 2 savings bonds for subscription at N1,000/unit

The Debt Management Office (DMO) has listed two FGN savings bonds for subscription at N1,000 per unit. The DMO listed…

2 months ago

Stock market sustains bullish trend as investors gain N710bn

The Nigerian stock market sustained its bullish momentum on Tuesday, March 3, 2026, advancing by 0.56 per cent as investors…

2 months ago

Tinubu’s oil revenue reform takes off, direct remittance begins

The Federal Government has commenced the implementation of Executive Order 09 on Oil and Gas Revenues, aimed at strengthening transparency…

2 months ago

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