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Finance & Economy - Page 88

BOI Disburses Record N636bn in 2025, Creates 1.6m Jobs – President Tinubu

The Bank of Industry (BOI) achieved a landmark milestone in 2025, disbursing a record N636 billion to over 7,000 Nigerian enterprises, marking the largest annual financing in its history, President Tinubu announced on Thursday. According to the President, the financing spanned multiple

February 14, 2026

Naira Opens Week With Gain Across FX Markets

Business·Currency·Markets·News

Naira Strengthens To N1,576 As Dollar Supply Rises

Nigerian naira on Thursday, appreciated for the first time in the week as it exchanged N1576.10 against dollar at the official market. This reflects a massive gain of N91.32 or 5.48 per cent when compared to Wednesday’s closing rate of N1667.42/ dollar,

September 27, 2024

Startup

How to Build an Email List for E-Commerce

By Elsie Udoh One of the most essential tools that can help in the successful marketing of your business as an e-commerce owner is an email list. This is because an email list helps you to reach your customers directly, maintain relationships,

September 26, 2024

Capital Importation: Banking Sector Records Highest Inflow In Q3 2024

Business·Finance & Economy·News

Nigeria Spends $3bn Monthly On Imports

Nigeria spends not less than $3 billion monthly only on imports, an analysis of the Central Bank of Nigeria (CBN) report has shown. In a communiqué issued by the CBN Governor, Dr Olayemi Cardoso, at the end of the 297th Monetary Policy

September 26, 2024

Business·FEATURES·News·Oil & Gas

Petrol Price: Can Strengthening The Naira Save Nigerians?

Rising Petrol Price Sparks Concern The price of petrol has become a pressing concern for Nigerians, with many wondering if there is a way out of the current economic situation. The reality is that the price of petrol directly affects every aspect

September 26, 2024

Business·FEATURES·Oil & Gas

More Woes For Nigerians As Cooking Gas Price Rises By 70%

Apart from the recent hike in petrol price, Nigerians are also confronted with a 70 per cent surge in price of Liquefied Petroleum Gas (LPG), also known as cooking gas. This no doubt has taken a heavier toll on income of households as

September 26, 2024

Finance & Economy·News

Experts Fault CBN’s Interest Rate Hike

Economic experts have faulted the continuous increase of the Monetary Policy rate (MPR) also known as benchmark interest rate, by the Central Bank of Nigeria (CBN), saying it won’t solve the problem of inflation in the country. According to them, inflation is

September 25, 2024

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 1st July 2025

Business·Currency·Markets·News

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 25th September 2024

What is the Dollar to Naira Exchange rate at the black market, like the Aboki Fx? The exchange rate for the US dollar (USD) to Nigerian Naira (NGN) in the parallel market also known as black market, especially the Aboki Fx as

September 25, 2024

Finance & Economy·News

CBN Further Raises Benchmark Interest Rate To 27.25%

The Central Bank of Nigeria (CBN) has further increased Monetary Policy Rate (MPR), also known as the benchmark interest rate by 50 basis points to 27.25 per cent. Prime Business Africa reports that this is the fifth consecutive time of raising the

September 24, 2024

Business·Currency·Markets

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 24th September 2024

September 24, 2024

Nigeria Now Leading Cement Exporter In Africa – Dangote

Business·News·Oil & Gas

Dangote Backs End Of Petrol Subsidy, Citing Economic Gains

Nigerian billionaire Aliko Dangote has expressed strong support for ending the country’s long-standing petrol subsidy. During an interview with Bloomberg TV in New York, Dangote said, “The time is right to get rid of subsidies,” emphasising that the move could significantly benefit

September 24, 2024

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Trump Threatens 100% Tariffs on Canadian Goods Over China Trade Deal

U.S. President Donald Trump has threatened to impose 100 per

Nigeria Tightens Rules for Courier Companies Using Prepaid Imports

Nigeria’s customs authority has introduced new rules for courier companies

Behind the Geregu Power Sale: Politics and a $750m Deal

The sale of Geregu Power, one of Nigeria’s largest electricity

Recapitalisation: UBA Extends Deadline For Rights Issue

UBA Hits Billion-Naira Milestone: Rights Issue Success Pushes Capital Base Above ₦500bn

United Bank for Africa (UBA) has successfully concluded its rights

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Finance & Economy - Page 88

BOI Disburses Record N636bn in 2025, Creates 1.6m Jobs – President Tinubu

Naira Strengthens To N1,576 As Dollar Supply Rises

How to Build an Email List for E-Commerce

Nigeria Spends $3bn Monthly On Imports

Petrol Price: Can Strengthening The Naira Save Nigerians?

More Woes For Nigerians As Cooking Gas Price Rises By 70%

Experts Fault CBN’s Interest Rate Hike

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 25th September 2024

CBN Further Raises Benchmark Interest Rate To 27.25%

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 24th September 2024

Dangote Backs End Of Petrol Subsidy, Citing Economic Gains

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BOI Disburses Record N636bn in 2025, Creates 1.6m Jobs – President Tinubu

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Behind the Geregu Power Sale: Politics and a $750m Deal

UBA Hits Billion-Naira Milestone: Rights Issue Success Pushes Capital Base Above ₦500bn

BOI Disburses Record N636bn in 2025, Creates 1.6m Jobs – President Tinubu

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