Naira Slides for Four Straight Days Against the US Dollar
The Naira on Thursday recorded four straight depreciation against the United States Dollar at the official foreign exchange market. The Central Bank of Nigeria’...
Business & Money · Page 40
"Nigerians Cut Daily Dangote Petrol Consumption Amid Rising Imports, Says NMDPRA"
Nigerians consumed less of Dangote Refinery’s petrol daily, according to November 2025 industrial data recently released by the Nigerian Midstream and Downstrea...
"FIRS and Security Agencies Strengthen Partnership Ahead of January 1 Deadline"
The Federal Inland Revenue Service, FIRS, has intensified partnership with key security agencies as Nigeria prepares to implement the National Revenue Service,...
Nigerian Government and CBM Launch Nationwide Campaign to Promote CNG Awareness and Grassroots Adoption
The Presidential Initiative on Compressed Natural Gas, PiCNG, has initiated moves to strengthen public awareness, grassroots mobilisation, and nationwide educat...
Naira Weakens Against US Dollar Even as Foreign Reserves Climb
The naira on Tuesday continued depreciation against the United States dollar at the official foreign exchange market. The Central Bank of Nigeria’s data showed...
Naira Falls Against US Dollar in Both Official and Black Markets
The naira on Monday began the week with depreciation against the United States dollar across official and parallel foreign exchange markets. The Central Bank of...
Nigerian Government Lowers Oil Block Entry Fees Ahead of 2025 Licensing Round
The Federal Government has further reduced the signature bonus for oil block bidders to between $3 million and $7 million as part of efforts to attract more inv...
FIRS Responds as Arewa Group Urges Adedeji to Step Down
Arabinrin Aderonke Atoyebi, Technical Assistant on Broadcast Media to the Executive Chairman of the Federal Inland Revenue Service, FIRS, has kicked against the...
PEBEC Unveils Underperforming MDAs and States Across Nigeria
The Presidential Enabling Business Environment Council (PEBEC) has released fresh assessments exposing several federal Ministries, Departments, and Agencies (MD...
CAC Puts Opay and Moniepoint on Watchlist, Alerts CBN About Fintechs
The Corporate Affairs Commission, CAC, has warned that it may place leading fintech companies, including Opay and Moniepoint, on its regulatory watchlist for al...
Naira Hits Two-Month Low Against the US Dollar
The naira slid to its weakest level in two months on Friday, closing the week on a downward trajectory against the US dollar. Data from the Central Bank of Nige...
FIRS Sets the Record Straight on the 4% Development Levy: It’s Not New!
The Federal Inland Revenue Service (FIRS) has assured Nigerians that the widely discussed 4 percent development levy on imported goods will not bring an additio...