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Oyedele opens talks to clear FG contractor debt backlog

Finance Minister Taiwo Oyedele opened talks with indigenous contractors in Abuja, pledging a transparent and structured plan to settle the Federal Government's outstanding debts.
Business

Dangote cement exports jump 71.6 percent, Q1 profit N421bn

Dangote's cement business posted a 71.6 percent jump in exports and 35 percent profit surge in Q1 2026, lifting African capacity to 55 million tonnes.
News

CBN Bans Cash Payout for Travel Allowances

The Central Bank of Nigeria (CBN) has announced a new policy that prohibits authorized...
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Nigeria’s Naira Plummets to All-Time Low Against Dollar

Nigeria’s currency, the naira, has fallen to a record low of 1,534.39 per dollar...
News

Naira Plummets to Record Low, Senate Summons CBN Governor

The Nigerian currency, the naira, has hit a new low against the US dollar...
News

Nigeria’s Naira Plummets as FX Market Faces Crisis

Nigeria's currency, the naira, has hit a new low against the US dollar in...
News

Naira Surges as Nigeria’s Central Bank Unifies Exchange Rates

Nigeria's naira soared by more than 27 percent against the US dollar on Monday,...
Business

Nigeria’s New Central Bank Chief Promises to Tame Inflation and Stabilise Naira

Nigeria’s newly appointed central bank governor, Olayemi Cardoso, has vowed to curb the soaring...
Business

Nigeria’s inflation crisis: How to survive the soaring prices

Nigeria, Africa’s largest economy, is facing a severe inflation crisis that is eroding the...
News

Nigeria Hikes Import Duty Rates Amid Economic Crisis

Nigeria, Africa’s largest economy, is facing a severe economic crisis as the government struggles...
News

Naira Plummets to Record Low as Dollar Supply Shrinks Markets

The naira, Nigeria’s currency, has fallen to its lowest level against the US dollar...
Business

Naira Strengthens Against Dollar as P2P Market Booms

The Nigerian currency, the naira, has appreciated against the US dollar in the peer-to-peer...
News

Mezovest CEO Urges Nigerian Government to Price Local Gas in Naira, Not Dollars

Mr. Tosin Thompson, the CEO of Mezovest, has made a plea to the Federal...
News

Naira Plummets as Nigeria’s Forex Reserves Hit 18-Month Low

The Nigerian naira has continued to lose value against the US dollar, as the...
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News

Oyedele opens talks to clear FG contractor debt backlog

Finance Minister Taiwo Oyedele opened talks with indigenous contractors in Abuja, pledging a transparent and structured plan to settle the Federal Government's outstanding debts.
Business

Dangote cement exports jump 71.6 percent, Q1 profit N421bn

Dangote's cement business posted a 71.6 percent jump in exports and 35 percent profit surge in Q1 2026, lifting African capacity to 55 million tonnes.
News

Nestoil denies First Bank dividend blame, eyes legal action

Nestoil rejected reports linking it to First Bank's dividend halt, blamed a CBN forbearance directive, and threatened defamation suits against banks and media.
Business

Elumelu firms link with MoMo PSB for cardless payments

United Bank for Africa, Heirs Holdings-backed Redtech and MoMo PSB launched a cardless payment partnership, enabling wallet payments across 55,000 RedPay terminals nationwide.