Browsing Category
Business
DMO pegs minimum subscription for N1.75trn bonds auction at N50m
The Debt Management Office (DMO) has offered N1.75 trillion bonds for subscription at an auction scheduled for October 19, with…
AFC appoints CBN’s Cardoso board chairman
The Africa Finance Corporation (AFC) has appointed Olayemi Cardoso, governor of the Central Bank of Nigeria (CBN), as chairman of…
Ogun pig farmers lose N5bn to swine fever outbreak
Pig farmers in the Ikangba/Agoro axis of Odogbolu Local Government Area of Ogun State have appealed to the Federal and state…
Dollar to Naira exchange rate today, October 14, 2026
The US dollar is trading at different rates across Nigeria’s official and parallel foreign exchange markets on Wednesday, October…
Shell announces plans to exit Nigeria’s gas distribution business, sells…
Shell Petroleum B.V. says it has signed an agreement to sell its full interest in the Shell Nigeria Gas Group to Vaaris Energy…
Dangote refinery reports 776% rise in EBITDA to $5.5bn in nine months
The Dangote Petroleum Refinery (DPR) says its earnings before interest, taxes, depreciation and amortisation (EBITDA) climbed by…
Bank of America hit with $1.2bn fine for money laundering failings
Bank of America has been fined $1.2bn (£910m) for failing to detect potential money laundering and other illegal activity, the US…
Dangote Refinery extends IPO application closure by two weeks
The Securities and Exchange Commission (SEC) has approved an extension of the application period for Dangote Petroleum Refinery…
Naira to Dollar exchange rate today, Monday, October 12, 2026
The naira is trading at different rates across Nigeria’s official and parallel foreign exchange markets, with the dollar quoted at…
Customs seizes N3.67bn illicit drugs at Tin Can Port
The Nigeria Customs Service (NCS), Tin Can Island Port Command, has intercepted 1,201.83 kilogrammes of suspected illicit drugs…