Business
Stay informed with Nigerian business news, economy updates, markets, startups, and global financial headlines.
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CBN unveils new FX guidelines, approves cash movement of $50,000
Central Bank of Nigeria Issues New Foreign Exchange Guidelines By Emma Ujah, Abuja Bureau Chief The Central Bank of Nigeria…
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Nigeria’s economic recalibration good for business — Jumia CEO
Nigeria Positioned for Economic Growth, Jumia CEO Says By Etop Ekanem NEW YORK — Francis Dufay, CEO of Jumia Group,…
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Food Crisis: Cost of healthy diet rises further — NBS Report
Cost of Healthy Diet Rises Amid Inflation Fluctuations By Elizabeth Adegbesan The National Bureau of Statistics (NBS) reported an increase…
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NGX Group advocates stronger capital market integration into monetary policy framework
NGX Group Urges Central Bank to Focus on Capital Market Development By Peter Egwuatu The Group Managing Director and CEO…
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ECONOMIC REFORMS: Manufacturers’ alternative energy expenditure surges 71.4% to N1.34trn in two years
Manufacturers’ Alternative Energy Expenditure Surges in Nigeria By Yinka Kolawole Manufacturers in Nigeria allocated an estimated N1.34 trillion to alternative…
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Nigeria spends $2.34bn on food imports in 2025, down 7.4%
Nigeria’s Food Import Spending Declines to $2.34 Billion in 2025 By Babajide Komolafe Nigeria’s expenditure on food imports fell by…
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Cardoso re-assigns deputy govs, Ikeazor now in charge of policy
Central Bank of Nigeria Governor Reassigns Deputy Governors By Emma Ujah, Abuja Bureau Chief ABUJA — Olayemi Cardoso, Governor of…
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NSIB probes Bonny Anchorage vessel collision
Nigerian Safety Investigation Bureau Launches Probe into Bonny Anchorage Collision By Efe Onodjae The Nigerian Safety Investigation Bureau (NSIB) has…
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CBN extends PoS geo-fencing deadline to July 31
CBN Extends Deadline for PoS Terminal Geo-Fencing Compliance to July 31 By Emma Ujah, Abuja Bureau Chief The Central Bank…
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Education, medical tourism drive foreign travel spending to $6bn
Nigerians Spend Nearly $6 Billion on International Travel in 2025 By Babajide Komolafe, Economy Editor, and Dickson Omobola Nigerians spent…
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