Business

Naira Declines At Parallel Market, Appreciates At Official Window As Rates Converge 

The Naira declined from N1,600/$1 to N1,605/$1 at the parallel market, appreciated to N1,608.98 from N1, 615.94 at the official…

7 months ago

Delta Air to Resume Flights to Israel From June 7

Delta is the second major US carrier to reinstate flights to Israel.

7 months ago

OPEC Data Shows Nigeria Upped Oil Production By 57,000bpd In February

Nigeria has - for about four years - been unable to meet its OPEC production quota due mainly to oil…

7 months ago

New Era For Heirs Technologies As Obong Idiong Assumes CEO Role

“We are proud to bring Heirs Holdings’ core values and business approach to the tech sector," said Obong Idiong.

7 months ago

Report: Nigeria Eyes $1bn External Borrowing, Plans To Issue Eurobonds By June

Nigeria has hired Citibank, JPMorgan Chase and Goldman Sachs to seek advice on its first Eurobond issue since 2022.

7 months ago

Naira Gains In Parallel Market To N1,600/$1, Slightly Weakens In Official Exchange

The naira appreciated at the parallel market for the first time in two weeks but depreciated to N1,615.94 officially.

7 months ago

Aig-Imoukhuede Returns As Access Holdings Chairman After 10 Years

Pioneer Access Bank MD Aig-Imoukhuede has been invited to guide the group into a new era following Wigwe's death.

7 months ago

About 50 Taxes Will Be Taken Down to Single Digits This Year, Says LIRS Chairman Subair

The LIRS is urging Lagos residents to file their taxes before the March 31st deadline.

7 months ago

Nigerian Lawmakers Urge CBN To Direct Banks On Prompt Reversal Of Failed Transactions

Nigeria's House of Representatives says the increase in failed bank transactions has reached an unprecedented level.

7 months ago

Nigeria Presses Binance To Divulge Top 100 Users Amid Naira Speculation Probe

Binance, at the centre of investigations into attacks against the Naira, has been told to reveal transaction history.

7 months ago