Business

Dollar Strengthens as Iran-Israel Conflict Fuels Safe-Haven Demand

Dollar Strengthens as Iran-Israel Conflict Fuels Safe-Haven Demand

Global financial markets have seen a notable strengthening of the U.S. dollar amid renewed geopolitical tension in the Middle East…
Foreign Investors Sustain Demand for Nigerian OMO Bills Despite Rate Cuts

Foreign Investors Sustain Demand for Nigerian OMO Bills Despite Rate Cuts

Foreign portfolio investors are maintaining strong interest in Nigerian short-term debt instruments, particularly the Central Bank of Nigeria’s (CBN) Open…
Export Ban on Shea Nuts Continues Amid Drive for Industrial Growth

Export Ban on Shea Nuts Continues Amid Drive for Industrial Growth

The Federal Government has maintained the export ban on shea nuts as part of a broader strategy to accelerate industrial…
Dangote Secures 12-Marketer Deal to Distribute 65m Litres of PMS Nationwide

Dangote Secures 12-Marketer Deal to Distribute 65m Litres of PMS Nationwide

Dangote Petroleum Refinery has entered into a structured distribution agreement with 12 major petroleum marketing companies to supply up to…
Lafarge Africa Revenue Crosses ₦1 Trillion as Profit Before Tax Surges 170% to ₦411 Billion in 2025

Lafarge Africa Revenue Crosses ₦1 Trillion as Profit Before Tax Surges 170% to ₦411 Billion in 2025

Lafarge Africa Plc reported a record financial performance for the year ended December 31, 2025 with revenue crossing the ₦1…
Abdul Samad Rabiu Commits $500,000 Reward to Super Eagles Despite Tournament Exit

Abdul Samad Rabiu Commits $500,000 Reward to Super Eagles Despite Tournament Exit

Abdul Samad Rabiu has confirmed that he will proceed with the $500,000 financial pledge made to Nigeria’s national football team,…
MTN Explores Fintech Acquisitions to Expand Digital Services

MTN Explores Fintech Acquisitions to Expand Digital Services

MTN Group is evaluating potential acquisitions in the fintech space as it accelerates its transition from a traditional telecom operator…
Bitcoin Trades Near $87,000 Amid Volatility and Institutional Caution

Bitcoin Trades Near $87,000 Amid Volatility and Institutional Caution

Bitcoin was trading around the $87,000 level on Tuesday as renewed volatility and cautious institutional positioning weighed on near-term price…
Dollar to Naira Black Market Exchange Rate Today, Monday, March 2nd 2026

Dollar to Naira Black Market Exchange Rate Today, Monday, March 2nd 2026

The Dollar to Naira black market exchange rate opened the first trading week of March on a stronger note for…
Nigeria, Others Affected as US Pauses Immigrant Visa Issuance for 75 Countries

Nigeria, Others Affected as US Pauses Immigrant Visa Issuance for 75 Countries

Nigeria is among 75 countries impacted by a decision of the United States Department of State to pause immigrant visa…
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