- Sunday, June 07, 2026
BusinessDay
Nigeria’s 11 electricity distribution companies (DisCos) have recorded cumulative losses of N787 billion in their 2018 financials, a 10 percent...
Hundreds of residents in Abule Ado area of Lagos were on Sunday morning rendered homeless following an explosion that rocked...
Nigeria is standing feebly on wet floor and vulnerable to harsh economic realities, with the global economy down on its...
Investors are rushing to sell their holdings of Nigerian assets from the naira to equities and bonds, a vote of...
The Senate is seeking amendment of the constitution to disallow immunity in criminal matters currently being enjoyed by the president,...
The pressure on the local currency intensified on Thursday as one dollar ($1) traded for N410 at the black market....
The Central Bank of Nigeria (CBN) said it has not and will not devalue the naira which has come under...
After several days of silence amid a coronavirus outbreak and full-blown oil price war, Nigeria’s fiscal and monetary authorities will...
Stocks continued their descent on Wednesday, recording their second-biggest decline in 2020 to widen year’s loss by the most yet....
The Senate is seeking to ban electricity generating sets in the country and is proposing 10 years imprisonment for importers...
The Central Bank of Nigeria (CBN) on Wednesday revised the Nigeria Uniform Bank Account Number (NUBAN) to include the Other...
As oil producers scramble to outdo one another in offering bargain prices for crude oil, countries that will hurt the...
The oil price collapse may also quickly be turning into a severe foreign currency crisis for Nigeria where panic buying...
The currency of Africa’s top oil producer fell by 2 percent at the black market to N367 Tuesday from N359...
Well-respected banker and founder of Anapjet, Atedo Peterside, has lashed out against the controversial removal and banishment of former Emir...
