The Ojora family of Lagos has announced the passing of its patriarch, Otunba Adekunle Ojora, the Olori Omo Oba of Lagos, who died in the […]
Category: Business
Business
Dollar to Naira exchange rate today, October 17, 2025
Naira Holds Steady in Mid-₦1,400s on Official Market, Trades Higher on Parallel Market The naira traded in the mid-₦1,400 range on the official Nigerian […]
Inflation drops to 18.02% in six-month streak
Nigeria’s headline inflation rate eased to 18.02% in September 2025, down from 20.12% in August, marking the sixth straight month of decline and the first […]
Global markets surge on US rate hopes
Stocks went up on Thursday after new U.S. jobs data showed private companies actually cut 32,000 jobs last month instead of adding more. Weirdly, that’s […]
Nigeria Risks Nationwide Blackouts as Power Sector Debt Hits N5.6tn
Nigeria faces the threat of widespread blackouts as gas suppliers cut deliveries to power plants over an outstanding N5.6 trillion debt owed to electricity generation […]
FG Makes Tax ID Mandatory for Banking, Business Transactions from 2026
New Tax Administration Act requires all taxable persons, MDAs, and foreign suppliers to register The Federal Government has made it compulsory for all taxable Nigerians […]
US Pledges $32.5m to Feed Conflict-Hit Nigerians
The United States Government has donated $32.5 million to the World Food Programme (WFP) to boost food and nutrition support for communities affected by conflict […]
Oil Prices Climb on Russia-Ukraine Conflict Escalation, U.S. Data in Focus
Oil prices rose on Tuesday as concerns over supply disruptions mounted amid escalating tensions between Russia and Ukraine, while investors also weighed the impact of […]
Stocks Flat, Dollar Steadies as Gold Hits Record Highs Ahead of U.S. Data
Global markets were subdued on Tuesday, with stocks muted, the dollar steadying near five-week lows, and gold climbing to fresh record highs, as investors awaited […]
NNPC Declares N905bn Profit in June, Remits N6.96tn to FG in Five Months
The Nigerian National Petroleum Company Limited (NNPC Ltd.) has reported a profit after tax of N905 billion for the month of June 2025, alongside a […]