Sunday, July 26, 2026
CBN Unlocks $7 Billion Stuck in Foreign Exchange Transactions
Business a.m. The Central Bank of Nigeria (CBN) has announced that it has fulfilled its promise to process the backlog...
Read moreDetailsPetroleum subsidy reform fuels 23.5% increase in FAAC allocation to N10.14trn
Business a.m. The repeal of the petroleum subsidy gave rise to a striking upsurge in the revenue allocation from the...
Read moreDetailsAdaora Umeoji breaks glass ceiling with appointment as Zenith Bank’s first female CEO
Business a.m Zenith Bank Plc, a leading Nigerian financial institution, has named Adaora Umeoji as its new group managing director...
Read moreDetailsOil market balance remains uncertain as Russian export volumes rebound
Business a.m. Oil prices held steady on Tuesday, hovering near four-month highs reached last week, but gains were capped by...
Read moreDetailsStronger dollar prolongs recovery for emerging markets currenciesÂ
Nigeria’s Naira in pit for much longer  PHILLIP ISAKPA IN LONDON, UK Unfolding economic dynamics in the United States that...
Read moreDetailsAnalysts want insurance on the table in minimum wage negotiationÂ
Will ease workers' concerns ONOME AMUGE & CYNTHIA EZEKWE Insurance experts want to see insurance coverages for Nigerian workers on...
Read moreDetailsNCC reports restoration of services impacted by undersea cable breaks
Business a.m The Nigerian Communications Commission (NCC) has announced that the recent undersea cable cuts, which had impacted voice and...
Read moreDetailsNigeria inflation rate reaches new peak at 31.70% in February – NBS
Business a.m. Nigeria experienced an unprecedented spike in inflation, with a new all-time high of 31.70 per cent recorded in...
Read moreDetailsInternet outages hit banks, telecoms as undersea cables suffer damage
Business a.m The connectivity of banks and telecommunication companies in Nigeria was severely disrupted on Thursday after a series of...
Read moreDetailsCBN renews support for agriculture sector with N100bn funding
Business a.m The Central Bank of Nigeria (CBN) has earmarked N100 billion to purchase 2.5 million bags of fertilisers for...
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