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Business and Economy

Naira Decline Continues in P2P Market, Reaching as Low as N925/$

By Milcah  TanimuThe Naira has once again experienced a decline in the peer-to-peer (P2P) market, plummeting to N925 against the US dollar on Wednesday...

Ajaokuta Steel Plant Revival Takes Center Stage, Says FG

By Daniel EduShuaibu Audu, the Minister of Steel Development, has emphasized the urgency of reviving the Ajaokuta Steel Company, pledging his dedication to the...

Dangote Cement Nurtures Technical Skills in 23 Kogi Youths

By  Milcah  TanimuDangote Cement Nurtures Technical Skills in 23 Kogi YouthsIn a recent event on Sunday, the Dangote Cement Plc's Obajana Plant in Kogi...

CBN’s Loans to Manufacturers and Power Firms Reach N5.6 Trillion

By Daniel EduThe Central Bank of Nigeria (CBN) has provided a total of N5.6 trillion in soft loans to the power, manufacturing, and aviation...

CBN and Subsidiary Spent N74 Billion on Currency Production and Redesign in 2022

By Daniel EduThe Central Bank of Nigeria (CBN) and its subsidiary, the Nigerian Security Printing and Minting Plc, expended a total of N74.84 billion...

Nigeria Customs Service to Reestablish Relations with Cameroon and Chad

By Daniel EduIn an announcement made by Adewale Adeniyi, the acting Comptroller General of the Nigeria Customs Service, plans are underway to renew positive...

Bitcoin’s Value Hits A Fresh Two-month Low Amidst Global Market Sell-off

Top cryptocurrency bitcoin hit a fresh two-month low on Friday, breaking out of its recent tight range as a wave of risk averse sentiment...

Nigeria Commits to Join Second Phase of AfCFTA’s Guided Trade Initiative

By Daniel EduSegun Awolowo, the Executive Secretary of the National Working Committee of the African Continental Free Trade Area (AfCFTA) for Nigeria, has confirmed...

Bauchi govt, Chinese coys discuss business, investment opportunities

By Our CorrespondentA delegation from the Bauchi state government on Wednesday met with Chinese companies in Nigeria to explore business and investment opportunities in...

Extended Shutdown of NLNG Raises Concerns About Gas Production in Nigeria

By Daniel EduThe ongoing operational halt enforced by the Nigerian Liquefied Natural Gas Ltd (NLNG) poses a significant threat to the country's annual gas...

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