Latest Business News
FAAC Shares N1.969trn December Revenue Among FG, States, LGs
The Federation Account Allocation Committee (FAAC) has disbursed a total of ₦1.969…
Dollar Suffers Worst Session Since 2022
The U.S. dollar recorded a steep fall late in trading, slipping below…
Tinubu’s Govt Borrows N501bn Bond to Settle GenCos’ Arrears
The Federal Government has announced the successful issuance of a N501 billion…
Opay, Moniepoint, Palmpay, Kuda upgraded to national licenses by CBN
The Central Bank of Nigeria (CBN) has upgraded the licenses of major…
Otedola Hails Tinubu’s Reforms as First Bank Meets N500bn CBN Capital Requirement
Femi Otedola, chairman of First HoldCo, says First Bank has met the…
Naira to Dollar official & black market rates today, Wednesday, December 31, 2025
The naira closed 2025 steadily against the dollar, recording mild gains in…
CBN Reports $4.60B Balance of Payments Surplus for Q3 2025
The Central Bank of Nigeria (CBN) has reported that Nigeria achieved a…
Naira to Dollar official & black market rates today, Tuesday, December 30, 2025
The naira traded mostly stable against the US dollar as year-end demand…
Femi Otedola Sells 77% Stake in Geregu Power for $750M
Billionaire businessman Femi Otedola has sold his 77 per cent controlling stake…