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Mo Dewji Secures AfDB Loan to Expand Tanzania Agro Business

AfDB approves $24.6 million to accelerate MeTL agro-industrial expansion, boosting jobs, exports, and sustainable farming across Tanzania.
Business

Sam Darwish adds $6.7 million as IHS Towers shares surge

Sam Darwish’s IHS Towers growth accelerates as the company’s shares rise, adding $6.7 million to his fortune amid renewed investor confidence.
News

Major Shakeup at CBN: Over 90 Senior Staff Dismissed

The Central Bank of Nigeria has dismissed seven directors and over 90 senior management staff as part of a major restructuring to enhance operational efficiency and governance.
News

Nigerian Senator Urges Caution in Amending CBN Act

Senator Sani Musa calls for careful consideration in amending the CBN Act, emphasizing the need to preserve the Central Bank's autonomy for economic stability.
News

Nigeria Enhances Oil Investment Appeal with FX Regulation Relaxation

LAGOS - Nigeria, Africa's largest oil producer, has unveiled new measures aimed at attracting...
News

Central Bank Enforces 0.5% Cybersecurity Levy on Electronic Transfers

Lagos, Nigeria (BusinessDay) – In a bid to bolster cybersecurity measures and protect electronic...
News

Emefiele to Face Trial for Alleged $2.14 Billion Forex Abuse in Lagos on Monday

The Governor of the Central Bank of Nigeria, Godwin Emefiele, is set to appear...
News

Naira Hits Record Low on Official Exchange, Nears N1,500/$ Mark

The naira plunges to a new all-time low on the official market, raising concerns over potential economic impacts and market stability.
Business

FG Seizes Control of 3 Major Banks Amid Regulatory Failures

Nigerian government seizes control of Union, Polaris, and Keystone Banks amidst regulatory and corporate governance crises.
Business

Supreme Court Extends Validity of Old and New Naira Notes

Nigeria's Supreme Court has ruled in favor of the indefinite legal tender status of both old and new naira notes, impacting the nation's economy.
Business

Nigeria’s Economic Woes Deepen Amid Inflation, FX Shortages

Amid soaring inflation rates and a dwindling foreign exchange (FX) reservoir, Nigeria's economic health...
Business

CBN Initiates New Measures to Stabilize Nigeria’s Forex Market

Nigeria's Central Bank (CBN) has unveiled fresh strategies aimed at bolstering the Naira, which...
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Business

Mo Dewji Secures AfDB Loan to Expand Tanzania Agro Business

AfDB approves $24.6 million to accelerate MeTL agro-industrial expansion, boosting jobs, exports, and sustainable farming across Tanzania.
Business

Sam Darwish adds $6.7 million as IHS Towers shares surge

Sam Darwish’s IHS Towers growth accelerates as the company’s shares rise, adding $6.7 million to his fortune amid renewed investor confidence.
Business

Court Voids N5.31 Billion Tax Ruling Against AEDC

A court ruling has reopened the Abuja Electricity Distribution Company tax dispute, giving the utility fresh relief amid layoffs and regulatory pressure.
News

Falode Calls For Single Seven-Year Term

Falode renews calls for Nigeria to adopt a single seven-year term, arguing it would cut political waste and strengthen long-term governance

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