Business

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

NUPRC disburses N200bn to 137 host community trusts for 198 projects

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has disbursed a total of N200bn to 137 Host Community Trusts for the execution of 198 pr

FG seeks N180 billion from bond market in October

The Federal Government of Nigeria, through the Debt Management Office (DMO), is seeking to raise N180 billion from the bond market in October 2024. Th

Naira plunges to 1,700/$ in parallel market

The Nigerian naira has plummeted to a new record low, closing at N1,700 per dollar in the parallel market on October 14, 2024, according to data from

Frustration as GTB app transition enters fifth day

Teeming customers of Guaranty Trust Bank have expressed their frustrations following the bank’s ongoing transition to a ‘new and robust core’ banking

Our policies to address global, domestic economic disruptions-Cardoso

The Central Bank of Nigeria (CBN) governor, Yemi Cardoso has stated that the apex bank has put in place plans and policies to address the spiralling i