Business

The naira depreciated by 2.5 percent against the dollar in the official foreign exchange (FX) market in March 2025, as external reserves closed the month flat. According to data from …

The Naira appreciated on Friday in the official market, trading at N1,536.82 to a dollar. Data from the Central Bank of Nigeria (CBN) website showed that the Naira gained N1.84. This represents …

Nigeria’s equities market decreased by 1.99 percent in the month of March as Friday March 28 becomes the last trading session of the month ahead of public holidays. The market …

The Federal Government has granted  Value Added Tax (VAT) and import duty exemption to raw materials essential for the production of pharmaceutical products. National Public Relations Officer of the Nigerian …

The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has expressed confidence that the proposed tax reform bill will alleviate financial burdens and foster a business-friendly environment for small …

The management of Dangote Petroleum Refinery has announced a temporary suspension of the sale of petroleum products in Naira. The announcement was contained in a statement on Wednesday by the …

Africa’s foremost Industrialist and President of Dangote Industries Limited, Aliko Dangote, has disclosed his plan to build in Ogun State, a multi-billion-dollar Seaport, which will be the largest in Nigeria. …

Kwara State Government has revoked the year 2024 signage and billboard licenses across the state, even as it warns that identifications are ongoing and removal enforcement will commence, beginning next …

The Asset Management Corporation of Nigeria (AMCON) has announced the recovery of over N2.1 trillion in debts despite ongoing challenges since its inception.  However, the agency still faces over 2,000 …