Business

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

CBN sells over $15m to BDCs at N1,251/$1

The Central Bank of Nigeria has issued a circular to Bureau De Change operators (BDCs), informing them that it has sold $10,000 to each BDC at a rate

Binance executive fled Nigeria with smuggled passport – NSA

The National Security Adviser, Nuhu Ribadu, has confirmed that Nadeem Anjarwalla, a suspect in the ongoing criminal probe into the activities of Binan

Customs FX rate for cargo clearance drops by N124 to N1,448/$

The exchange rate charged by the Nigeria Customs Service (NCS) for cargo clearance and import duties collection has dropped significantly from N1,572.

3 years after, NCC reports sluggish growth in 5G penetration

Fifth-generation (5G) network penetration in Nigeria has witnessed sluggish growth since the issuance of licences to three network service providers i

NACCIMA urges CBN to address unmet FX requests by private sector operators

The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) has called on the Central Bank of Nigeria (CBN) to address