The Nigerian currency, the naira, recorded a slight depreciation in both the parallel and official foreign exchange markets. In the parallel market, the naira weakened […]
Category: Business
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AFC Mining Indaba: BUA Chairman, Abdul Samad Rabiu, Calls for Shift from Extraction to Value Addition
Founder and Executive Chairman of BUA Group, Abdul Samad Rabiu CFR CON, has called for a decisive shift in Africa’s development strategy, urging governments, financiers, […]
Why Price Volatility Differs Between Commodity and Stock Markets
Volatility becomes confusing when it refuses to behave the way traders expect. A sharp move in one market can resolve quickly and fade into the […]
BUA Foods’ 2025 After Tax Profit Soars 91% To ₦508 Billion From Previous Year
BUA Foods Plc wrapped up the 2025 financial year with results that clearly set it apart in Nigeria’s consumer goods space, especially at a time […]
Nigerian stock market gains N141bn, extends rally by 0.11%
The Nigerian stock market extended its bullish rally on Wednesday, rising by 0.11 per cent as investors gained N141 billion. Sustained investor interest in stocks […]
NIBSS and the Architecture of Trust in Nigeria’s Digital Banking By Felix Ifijeh
Nigeria’s digital banking success story is often told through the lens of apps, fintech innovation, and transaction volumes. But beneath the technology lies a less […]
Fidelity Bank to Proffer Solutions to Public Sector Revenue Challenges at highlevel Stakeholders’ Webinar
Leading financial institution, Fidelity Bank Plc, is set to host a high-level virtual webinar focused on helping public institutions to strengthen […]
ATM withdrawals by Nigerians hit ₦36.34trn in six months despite higher charges
Nigerians withdrew a total of ₦36.34 trillion through automated teller machines between January and June 2025 despite higher transaction charges introduced by the Central Bank […]
JUST IN: IMF raises Nigeria’s 2026 growth forecast to 4.4%
The International Monetary Fund (IMF) has raised Nigeria’s economic growth forecast for 2026 to 4.4 percent from its earlier projection of 4.2 percent. The revised outlook […]
Nigeria’s inflation eases to 15.15% after review by National Bureau of Statistics
Nigeria’s headline inflation rate eased to 15.15 percent in December 2025 following a methodological review by the National Bureau of Statistics (NBS). Data from the […]