Tag: Business News

Nigeria’s Foreign Reserves Rise Above $50bn in Major Milestone

ABUJA — The Central Bank of Nigeria has confirmed that Nigeria's foreign exchange reserves have risen above $50…

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Enugu EEDC Deploys SuperEdge Billing to Cut Revenue Losses

ENUGU — The Enugu Electricity Distribution Company has announced the completion and deployment of its SuperEdge integrated billing…

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Seme Border Revenue Losses Mount Despite Costly Infrastructure Deal

LAGOS — The Seme Border on the Lagos-Cotonou corridor is haemorrhaging billions of naira in potential Customs revenue…

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Presidency Backs RegTech to Drive Financial Inclusion in Nigeria

ABUJA — The Nigerian Presidency has identified regulatory technology, known as RegTech, as a key instrument for achieving…

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Nigeria and China Eye Creative Economy as New Bilateral Frontier

ABUJA — Nigeria and China have agreed to deepen cooperation in the creative economy and tourism as a…

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Nigeria Unveils Net Zero Investment Plan to Unlock Green Finance

ABUJA — Nigeria has unveiled a landmark Net Zero Investment Plan aimed at unlocking billions of dollars in…

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APC Clears 432 Chairmanship Aspirants for Lagos LG Polls

LAGOS — The All Progressives Congress in Lagos State has approved 432 chairmanship aspirants to participate in the…

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Soaring Ram Prices Dampen Eid Al Adha Joy Across Nigeria

LAGOS — As Eid Al Adha approaches, millions of Nigerian families are confronting an uncomfortable reality: the cost…

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Nigerian Banks Flag 82,000 Suspicious Transactions in 2024

ABUJA — Nigerian banks and financial technology companies flagged over 82,000 suspicious transactions to the Nigerian Financial Intelligence…

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Tinubu Tasks MDAs on Digital Transformation for Paperless Govt

ABUJA — President Bola Tinubu has tasked all Ministries, Departments, and Agencies of the federal government to accelerate…

Naira Holds Steady on Friday as CBN Keeps FX Market Firm

LAGOS — The Nigerian naira maintained steady momentum against the US dollar in the early hours of Friday,…

Nigeria Records $480m Trade Surplus in January, Up 220%

LAGOS — Nigeria recorded a trade surplus of $480 million in January 2026, according to data released by…