Business

Naira appreciates against dollar at official market

The naira recovered from a two-day loss on Tuesday, March 24, 2026, appreciating to N1,382.63 against the United States dollar…

3 months ago

Stock market investors lose N1.38trn amid profit-taking pressure

The Nigerian stock market opened the week on a negative note on Monday, Market 23, 2026, as market capitalisation dropped…

3 months ago

CBN targets single-digit inflation with policy shift

The Central Bank of Nigeria (CBN) has reiterated its commitment to adopting a full-fledged inflation-targeting monetary policy framework as part…

3 months ago

Airlines face pressure as jet fuel price doubles

Domestic airlines are bracing for a potential hike in ticket prices as the cost of aviation fuel, commonly known as…

3 months ago

Unity Bank counters reports, says recapitalisation target already met

Unity Bank Plc has dismissed reports suggesting it has failed to meet the recapitalisation requirements set by the Central Bank…

3 months ago

NSC suspends tariff hike by shipping companies

The Nigerian Shippers Council (NSC) has directed shipping companies to immediately suspend the implementation of recently approved tariffs. The directive…

3 months ago

Nigeria advances $20bn gas pipeline plan to Europe

Nigeria’s Federal Government has intensified high-level talks on a proposed $20 billion transcontinental gas pipeline aimed at supplying natural gas…

3 months ago

UBA, BII move to boost trade finance access across Africa

United Bank for Africa and British International Investment have signed a letter of intent to explore a strategic partnership aimed…

3 months ago

Uber reports N6.1bn driver earnings as Lagos strike disrupts ride-hailing

Uber Technologies Inc. has revealed that drivers using its platform in Nigeria collectively earn about N6.1 billion annually, even as…

3 months ago

Nigeria, UK seal £746m port deal as Tinubu pushes stronger trade ties

President Bola Tinubu has called for deeper trade and economic cooperation between Nigeria and the United Kingdom following the signing…

3 months ago

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