The Naira closed the week on a winning note appreciating further against the dollar on Friday,…
Category: Business/Economy
Lagos Assembly okays Sanwo-Olu’s N2.267tr budget for 2024
The Lagos State House of Assembly has passed the N2.267 trillion budget for 2024 presented last…
Target of $1tr economy doubtful if insecurity persists, Tinubu laments to security chiefs
President Bola Tinubu has asked the nation’s security chiefs to ensure that there is a conclusive…
EFCC summons Dangote officials to Abuja amid forex scandal probe
The Economic and Financial Crimes Commission (EFCC) has reportedly summoned some officials of the Dangote Group…
Naira reverses losing streak, appreciates to N895.23/$1
The Naira has reversed its two-day losing streak in the New Year by gaining against the…
KPMG confirms negative impact of GSK, P&G’s exit from Nigeria on country’s economy
Global audit, tax and advisory services firm, KPMG, has said the exit of major companies that…
Emefiele: EFCC probes 72 companies over forex transactions with CBN
The Economic and Financial Crimes Commission (EFCC) is probing 52 companies over forex transactions. The commission…
Tinubu appoints 6 new executive directors for NPA, NIMASA
President Bola Tinubu has approved the appointment of six new executive directors for two agencies under the Ministry…
UBA in N3.9bn fraudulent cash diversion scandal
The United Bank For Africa (UBA) fraudulently diverted a princely sum of N3.9 billion NSEI funds,…
Investors in Nigeria’s stock market reap N264bn
*As Wema Bank, Learn Africa lead gainers Investors in the Nigerian capital market pocketed N264 billion…