Business News

… CBN reserves N2.77Trn

The WGC survey, which gathered responses from 73 central banks between February 25 and May 20, reveals a strong global appetite for gold. A record of 95 percent of banks now expects to increase their gold reserves within next...

AGALLAS LOAD LOAD IN THE PORT OF ENLERMINAL, PUERTO APAPA

A cargo ship, Chang Min, loaded with loads that included CNG trucks, wood products, tires and other highly combustible products, on Saturday had some of its sections destroyed by fire while it was anchored at the List consortium terminal...

The intraregional trade of West Africa remains stuck at 10%-Inubu

The intraregional trade in Western Africa remains a 10%challenge, a figure that can no longer be ignored, according to President Bola Ahmed Tinubu. Speaking at the Economic Summit of Western Africa, Tinubu said: "Regional intra commerce continues in that 10%...

Western Africa Industries ready to climb global markets – Minister

The industries of Western Africa have demonstrated their strength in several sectors, and now it is time to safeguard the regional bloc and promote expansion through integration policies, according to the Minister of State for Foreign Affairs, Ambassador Bianca...

Dangote blames the shortage of national crude oil due to the dependence on the imports of the United States

The president of the Dangote group, Alhaji Aliko Dangote, blamed the scarcity of domestic crude oil for the main reason for the Dyngote refinery, it was increasingly based on imports from the United States to meet their needs in...

The sovereign offer of Bond Green closes with total n91.42 billion subscriptions – Dmo

The Debt Management Office (DMO) reported that investors once again demonstrated their confidence in the values ​​of the federal government of Nigeria (FGN) through the high level of subscription, ₦ 91.42 billion, remembered in the recent offer of sovereign...

Oydele advocates the lowest corporate tax rates to stimulate investment

The president of the Presidential Committee on Fiscal Policy and Fiscal Reforms, Taiwo Oyedele, has requested lower tax rates, addressing the regulatory excess and refining the rates systems to stimulate investment and economic growth. Oydele advocated this Wednesday during a...

UBA GMD, Kekere-Ekun, others seek collaboration to boost economic growth

Group's Managing/Executive Director, United Bank for Africa (UBA) PLC, Oliver Alawuba, together with the president of the Supreme Court of Nigeria, Hon. Judge Kuda Kekere-Ekun, and other key stakeholders in the financial and judicial sectors, have requested a stronger...

Complete list: Cac reviewed service rates from August 1

The Corporate Affairs Commission (CAC) has announced a new list of reviewed service rates scheduled to enter into force as of August 1, 2025. According to a public notice issued on Tuesday, the reviewed service rates are the result of...

SEC, developers to cook the frame for Stablecoins regulations

The general director of the Bag and Securities Commission (SEC), Dr. Emomotimi Agama, has revealed that the Commission is involved with developers to co-create a framework for the regulation of Stablcoins. Agama, who made this dissemination in an opening speech...
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Banks await CBN clearance as audit delays leave investors without key earnings data

Investors in some of Nigeria's largest listed banks are facing a growing information gap as delays in the completion...
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