Business

Ramadan: Price of eggs skyrockets in Kano

Price of eggs in Kano has surged dramatically following the commencement of the Ramadan fasting period, leaving many consumers grappling…

2 weeks ago

Tinubu’s executive order blocks N2trn NNPC fees

The executive order issued by Bola Ahmed Tinubu stopping the deduction of management fees and contributions to the Frontier Exploration…

2 weeks ago

Tinubu extends ban on raw shea nut export

President Bola Ahmed Tinubu has approved a one-year extension of the ban on the export of raw shea nuts, prolonging…

2 weeks ago

Stock market investors lose N74bn as capitalization drops to N124trn

The Nigerian stock market continued on a negative position on Wednesday, February 25, 2026, as investors lost N74 billion amid…

2 weeks ago

Warner Bros reopens door to Paramount after raising offer

Warner Bros Discovery has opened the door to Paramount Skydance after the rival bidder raised its offer to $31 per…

3 weeks ago

13 banks battle to meet recapitalisation deadline

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, says 13 banks are still working to meet the…

3 weeks ago

20 banks meet recapitalisation as investors raise N4.05trn

The Central Bank of Nigeria says 20 banks have already met the new minimum capital requirements under its ongoing recapitalisation…

3 weeks ago

Investors lose N1.14trn as stock market reacts to interest rate cuts

The Nigerian stock market closed in the red on Tuesday, February 24, 2026, as investors lost N1.141 trillion following sell-offs…

3 weeks ago

₦4.05trn raised as banks race to meet capital rules

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

3 weeks ago

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 weeks ago

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