Business

CBN cuts interest rate to 26.5%

The Central Bank of Nigeria (CBN) has reduced the Monetary Policy Rate (MPR) by 50 basis points to 26.5 per…

3 months ago

Paramount submits higher offer for Warner Bros, moves to block Netflix

Paramount Skydance has submitted a higher offer for Warner Bros Discovery, ratcheting up efforts to derail the HBO Max owner's…

3 months ago

Stock market opens week with N804bn gain

The Nigerian stock market started the week on a positive note on Monday, February 23, 2026, with investors’ portfolios increasing…

3 months ago

Anambra shuts NASPA market over sit-at-home compliance

The Anambra State Government has ordered the closure of the New Auto Spare Parts Association (NASPA) Market at Nkwo Nnewi…

3 months ago

FG, Japan launch $50m startup fund

The Federal Government of Nigeria has formalised plans to launch a $50 million Impact Innovation Fund aimed at supporting Nigerian…

3 months ago

Stock market rakes in N8.137trn gain in one week

The Nigerian Exchange Limited (NGX) investors gained N8.137 trillion after the All-Share Index and market capitalisation appreciated by 6.95 per…

3 months ago

Stock market investors gain N1.2trn as capitalisation hits N125trn

The Nigerian stock market sustained its positive trend on Friday, February 20, 2026, adding N1.2 trillion gain to investors’ portfolios.…

3 months ago

10 ships arrive Lagos Ports with commodities

No fewer than 10 cargo vessels have berthed at major ports in Lagos, awaiting clearance to discharge a range of…

3 months ago

Fire guts 100 stalls at Kano Industrial Complex

A major fire outbreak has destroyed scores of stalls at the Dakata Small-Scale Industrial Complex in Kano, with estimated losses…

3 months ago

ACAMB educates content creator, secures retraction over bank recapitalisation claims

The Association of Corporate and Marketing Professionals in Banks (ACAMB) has engaged a popular content creator, Unofficial Osas, to address…

3 months ago

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