Business

Naira strengthens against British Pound to N1,806/£1 

Naira strengthens against British Pound to N1,806/£1 

Latest price action showed the Nigerian naira strengthened against the British pound amid rising interest in naira-denominated assets and weak…
FG approves N5 billion relief for Kano Singer Market fire victims 

FG approves N5 billion relief for Kano Singer Market fire victims 

The Federal Government has approved N5 billion as an intervention fund for traders affected by the fire outbreak that devastated…
AI Ventures Accelerator offers $10,000 for women-led African startups 

AI Ventures Accelerator offers $10,000 for women-led African startups 

African startups led by young women have been invited to apply for the AI Ventures Accelerator, a programme where selected…
Electric vehicles gain traction in Nigeria despite limited charging infrastructure

Electric vehicles gain traction in Nigeria despite limited charging infrastructure

Electric vehicles are proving dependable for Nigerian city drivers, delivering predictable range and lower maintenance needs even as public charging…
Oando seeks NGX approval to list 4.4 billion Rights Issue shares 

Oando seeks NGX approval to list 4.4 billion Rights Issue shares 

Oando Plc has applied to the Nigerian Exchange for approval to list a rights issue of 4,415,867,342 ordinary shares of…
Nigeria Customs clarifies CBN sets rates for cargo clearance 

Nigeria Customs clarifies CBN sets rates for cargo clearance 

The Nigeria Customs Service has clarified that it does not set cargo clearance rates, saying the Central Bank of Nigeria…
Federal Mortgage Bank targets N750bn recapitalisation to boost housing finance

Federal Mortgage Bank targets N750bn recapitalisation to boost housing finance

The Federal Mortgage Bank of Nigeria (FMBN) is aiming to strengthen its capital base to N750 billion as part of…
Lagos Food Market Update: February 2026 sees price increases and modest declines

Lagos Food Market Update: February 2026 sees price increases and modest declines

Food prices across major Lagos markets — Mushin, Daleko, Mile 12 and Oyingbo — recorded a mixed pattern in February 2026, with more items…
Naira strengthens to N1,337/$ amid global peace talks  

Naira strengthens to N1,337/$ amid global peace talks  

The Naira appreciated to N1,337 per dollar at the official foreign exchange market on Tuesday, up from N1,344 recorded on…
EFCC arraigns Osabohein Ologbose, wife, for alleged N740 million investment fraud 

EFCC arraigns Osabohein Ologbose, wife, for alleged N740 million investment fraud 

The Economic and Financial Crimes Commission on Monday arraigned the Chief Executive Officer of Onome Global Market Resources Limited, Osabohein Ologbose…
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