Business

All the recent business news in Nigeria, economy and industry updates.

$2.4bn forward contract put manufacturers, commercial banks in a fix

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso told the national assembly that the Apex bank had uncovered invalid foreign overdue

PZ Cussons Nigeria financially distressed as liabilities surpass assets

PZ Cussons Nigeria is facing possibly its biggest existential problem since setting foot in the country 125 years ago after Nigeria’s harrowing foreig

FG’s import duty inconsistency hurting economy – MAN, Obi

The organized private sector as well as the Presidential candidate of the Labour Party (LP) in the 2023 general elections, Mr Peter Obi,   have kicked

Naira gains as security operatives sustain raid on BDCs

The raid of bureau de change (BDC) operators continued on Wednesday with the operatives of the Economic and Financial Crimes Commission (EFCC) stormin

Forex crisis: We’re working with FG to block dollar-naira exchange – Binance

Binance, world’s biggest cryptocurrency trading platform, says it is collaborating with the Federal Government to block Nigerians from dollar-naira tr