N1.5tn yet to be recovered from 50 failed banks, 100 MFBs – NDIC
The Nigeria Deposit Insurance Corporation (NDIC) has intensified efforts to recover an estimated N1.5 trillion in outstanding debts and assets trapped
Business
All the recent business news in Nigeria, economy and industry updates.
Argungu fishing festival kicks off in Kebbi
The Kebbi State Government is expected to sign a $14bn Memorandum of Understanding (MoU) with 43 companies as it unveils the 61st edition of the Argun
Naira trades below N1,350/$ amidst new BDC regulations
The Nigerian naira closed at N1,350 against the United States dollar at the official foreign exchange market on Wednesday, a day after hitting N1,349,
Investors gain as market cap surges to N114.3trn
The capitalisation surged to N114.3 trillion on Wednesday as investors in the Nigerian equities market gained N851 billion at the close of trading. Am
BoI disburses N636bn to 7,000 businesses
The Bank of Industry (BOI) says it recorded a total fund disbursements of N636 billion to businesses across Nigeria in 2025, marking the largest annu