Naira Holds Position as External Reserves Rise
Naira, the Nigerian local currency, regained balance in what appears like a recovery from a downturn in the foreign exchange (FX) markets due to...
Investors in Nigeria’s Tier-1 Banks Record N88bn Gain
The market capitalization of Nigeria’s tier-1 banks, otherwise known as FUGAZ, appreciated by 3.57% to close at N2.55 trillion on Friday, January 13 2023,...
NASD Securities Exchange Rises to N961bn
As prices of unlisted companies’ stocks inched upward, the NASD Securities Exchange over-the-counter (OTC) rises to about N961 billion, according to trading data. Market...
Twitter user raises alarm over fake Gtbank account
A Twitter user, identified as Yewande (Sobamowo) Thorpe, says she has been scammed by an imposter posing as a Guaranty Trust Bank (GTB) customer...
Cancers eating up the Naira
In the face of declining foreign exchange inflows and declining oil production, the naira fell to a record low against the dollar. BUSINESS EDITOR NIYI...
Flour Mills Plc Achieves N3trn growth in 5years
….Declares dividend payment of N2.15 kobo to shareholders
by NIYI JACOBS
Flour Mills of Nigeria Plc has announced a dividend payment of N2.15 kobo per...
Wheat Importation: Food crisis to deepen with Unofficial port charges
By Niyi Jacobs
Millions of Nigerians, already harried by the worst inflation in history, could be further threatened by starvation from food shortage in the...
Customers stranded over FCMB Network failure.
Many banks' customers have expressed their dissatisfaction over the banking operational failure of FCMB, across their all branches on Friday
Businessnewsng.com gathered that customers were...
FX scarcity bites harder in Nigeria
By NIYI JACOBS
The recent shortage in Dollar supply amidst increased demand has worsened the pressure on the Naira. Though the exchange rate at the...
9mobile Empowers Entrepreneurs, SMEs with The Hack
Innovative and youth-centric telecommunications company 9mobile, has further demonstrated its commitment to the growth and development of Nigerian Small and Medium Enterprises (SMEs) with...
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Bankers to host Afreximbank Boss at CIBN Annual Lecture in Lagos
His Excellency, Professor Benedict Okey Oramah, CON, FCIB, President and Chairman Board of Directors, African Export-Import Bank (Afreximbank) will be discussing critical issues that...
LAWMA Celebrates Female Staff on International Women’s Day
The Lagos Waste Management Authority (LAWMA), with Godrej, May & Baker,has marked the International Women's Day by celebrating the femalestaff, as the real faces...
INEC Shifts Governorship, State Assembly Elections to March 18
The Independent National Electoral Commission has postponed the governorship and state assembly elections till March 18.
The exercise was previously scheduled to hold on March...