Amidst cash crunch, Nigerians suffer massive failed, unreversed bank transactions
Failed bank transactions are not new to many Nigerians as a lot of people have had such experiences, either in form of transfers to other accounts or
Business
All the recent business news in Nigeria, economy and industry updates.
How reforms at FIRS doubled revenue to N10trn mark
The Federal Inland Revenue Service (FIRS) recently announced that it generated N10.1 trillion in 2022, rising from the N6.4trn it had generated in the
Naira may weaken after new notes circulate, as Ghana’s Cedi appreciates
The naira has held fairly steady on the back of the chaotic currency exchange programme, but analysts say its weakness against the dollar will likely
Naira crisis: Food traders count losses, slash prices of wares
The scarcity of both old and the new naira notes has forced traders across the country to slash prices of their goods, reports by our correspondents i
Petrol scarcity: NMDPRA insists customers can pay with PoS
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has frowned at some petroleum product retail outlets that are not accept