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Business
NCDMB, BOI to invest $5M in oil firms
As part of the move to provide a new financing solution to the Nigerian oil and gas service sector, and accelerate local content…
“Profit from my mum’s Akara and Akamu brought me here,”…
Minister of Defence, Christopher Musa, has relived memories of his mother selling akara and akamu to support their family back in…
Dangote, Sinoma seal $800m Itori Cement expansion deal
Dangote Industries Limited and Sinoma International Engineering Co. Ltd. have signed a Memorandum of Understanding (MoU) worth…
NACCIMA opens applications for $150m expansion loan for manufacturers,…
The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) has launched applications for a $150…
South Korea’s stock market rebounds as AI chip stocks drive 18% surge
Share prices jumped in South Korea on Friday, partly reversing a three-day rout that wiped hundreds of billions of dollars off the…
Dollar to Naira exchange rate today, July 30, 2026
The United States dollar traded at an official exchange rate of approximately ₦1,358.63 per dollar in the Nigerian Foreign…
Nigeria’s consumer credit drops 20% to N3.8tn
Nigeria’s consumer credit recorded its first decline in six years, dropping by 19.89 per cent to N3.78tn in 2025 from N4.72tn in…
Dollar to Naira exchange rate today, July 29, 2026
The dollar-to-naira exchange rate remains a major focus for businesses, traders and individuals monitoring the foreign exchange…
Cash outside banking system drops by N485bn to N4.92trn – CBN
Cash held outside Nigeria’s banking system fell to a seven-month low of N4.92 trillion in June 2026, declining by N485.8 billion…
Nigeria ranks fourth on list of African countries with highest number of…
Nigeria has retained its position as Africa’s fourth-wealthiest country by number of dollar millionaires, despite recording one of…