Business

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

How we uncovered $2.4bn fraud in FX claims – Cardoso

Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has narrated how the apex bank uncovered $2.4billion fraud in Forex trading. Cardoso m

Our hard-to-embrace reforms will eventually make naira stable – CBN

The Central Bank of Nigeria (CBN) has assured Nigerians that the seemingly tough reforms created would strengthen the naira and stablise the economy.

Darkness in major cities as national grid collapses

Nigeria Sunday witnessed its first national blackout this year following a national grid collapse at 11:21am. The situation led to all 20 power plants

Agro exporters mull task force to stop multiple charges

A renowned agro-allied exporter, Capt John Okakpu, has disclosed that a national task force is underway to drive away multiple agencies checking agric

CBN in make or mar moves to salvage naira

The governor of the Central Bank of Nigeria, Yemi Cardoso, recently stated that the naira is undervalued and promised to work towards real price disco