Nigeria’s foreign exchange traders are reeling after the Central Bank of Nigeria (CBN) stopped selling U.S.…
Category: Business
SEC Reports $50 Billion Crypto Transactions in Nigeria Amid Low Market Participation
Nigeria recorded more than $50 billion in cryptocurrency transactions between July 2023 and June 2024, according…
Femi Otedola Hails Aliko Dangote for Legacy Investments Driving Nigeria’s Growth
What does it take to build investments that shape generations? Billionaire businessman Femi Otedola, Chairman of…
Nigeria Woos Global Investors as Dele Alake Showcases $1.3 Billion Mining Reforms at China Conference
Could Nigeria be the next global destination for solid minerals investment? The Minister of Solid Minerals…
Dangote Refinery Expands Capacity to 1.4 Million Barrels Per Day, Becomes World’s Largest Refinery
The Dangote Petroleum Refinery has announced a major expansion of its production capacity from 650,000 barrels…
LivingTrust Mortgage Bank Grows Pre-Tax Profit by 7% to ₦255.6 Million in Q3 2025
LivingTrust Mortgage Bank Plc has reported a ₦255.6 million pre-tax profit for the third quarter of…
All Aboard Again: Warri–Itakpe Train Service Set to Resume October 29 After Safety Upgrade
When was the last time you took a smooth train ride across southern Nigeria? After weeks…
Naira Gains Ground as Nigeria’s Foreign Reserves Climb to $42.8 Billion
The naira appreciated to ₦1,455.5 per dollar at the official market, its strongest level in months,…
Access Holdings Reports ₦320.57 Billion Pre-Tax Profit in First Half of 2025
Access Holdings Plc, the parent company of Access Bank, has reportedly recorded a pre-tax profit of…
Nigeria’s Stock Market Adds ₦479bn as Reforms Bolster Investor Confidence
The Nigerian equities market sustained its bullish momentum with investors recording a remarkable ₦479 billion gain…