Naira Depreciates To N1,380/$1 At parallel Market
The Naira and the Dollar exchange rate has risen to N1,380/$1 at the parallel market, from N1,280/$1 recorded over the...
Sunday, August 16, 2026
Business
NB Shareholders Approve N600bn Capital Raising Plan
Shareholders of Nigerian Breweries Plc, have approved capital raising of N600 billion by way of rights issue. The shareholders gave...
Tinubu Secures $600m Maersk Investment For Nigerian Ports In Saudi
President Bola Tinubu has secured an investment of $600 million from Danish shipping and logistics company, A.P Moller-Maersk, to expand...
CIBN Lauds Keystone Bank CEO’s Bold Steps To Strengthen Lender’s Operations
The Chartered Institute of Bankers of Nigeria (CIBN) has lauded the managing director and chief executive officer of Keystone Bank...
Calabar Port Faces 25-year Container Vessel Drought
The manager of Calabar Ports, Olumati Festus, has revealed that the port has not received a single container vessel in...
CBN Raises Customs Duty Rate By 11.1% As Naira Loses 12%
The Central Bank of Nigeria (CBN) has raised the exchange rate for paying Customs duties at the nation’s seaports by...
4 Months After, FG Yet To Disburse Funds For 2024 Capital Projects
Four months into the 2024 fiscal year, the federal government is yet to begin implementation of the capital component of...
Fifth Edition Of LinkedInLocal To Hold In Abuja
A management, consulting, and advisory service firm, BraveICONS Global, is set to hold the 5th edition of LinkedInLocal Abuja on...
CBN Boosts Forex Market With Sale Of $10,000 To BDCs
The Central Bank of Nigeria (CBN) has initiated the sale of $10,000 to Bureau De Change (BDC) operators, offering them...
Federal Gov’t Should Expedite Action In Revitalising Refineries – Gov Oborevwori
Delta State Governor, Hon Sheriff Oborevwori has urged the federal government to expedite action in revitalizing the nation's refineries. Governor...
