Business

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

We fast tracked remittance of $600m from Diaspora – Cardoso

The Central Bank governor, Olayemi Cardoso, has stated that the bank fast tracked the remittance of around $600 million through International Money Tr

World Bank lists Naira among Africa’s worst performing currencies

The Nigerian Naira is among the worst-performing currencies in sub-Sahara Africa in 2024. This is according to the World Bank in its latest edition of

Our reforms painful but necessary for growth – Finance Minister

The Minister of finance and coordinating minister of the economy, Wale Edun, has said the government acknowledges the pain the current reforms of gove

Petrol price hikes push inflation to 32.7% in Sept

…FG needs to reverse current economic policy – Expert   After two months of decline, Nigeria’s headline inflation reversed itself, aligning with

NMDPRA revokes regulations administered by the defunct DPR

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has said any regulations administered by the Defunct Department of Petro