Business & Economy

Outcry Leads to Closure of Abuja-Based Chinese Supermarket Following Discriminatory Policy

The Chinese supermarket located in Abuja, Nigeria, has shut its doors amidst growing outrage over its discriminatory practices.   Over the weekend, Nigerians took to social...

Forex Crisis: “We have transitioned from firefighting to strategic planning” – Cardoso

The Governor of the Central Bank, Olayemi Cardoso, has stated that the apex bank is no longer in “firefighting” mode and has now switched...

First Bank appoints Olusegun Alebiosu as acting CEO, effective immediately

First Bank of Nigeria Limited has announced the appointment of Mr. Olusegun Alebiosu as its Acting Chief Executive Officer, effective immediately. This development follows the...

Marketers are considering a potential reduction in diesel prices to N700/litre following Dangote’s price decrease

Nigeria oil Marketers are considering a potential reduction in diesel prices to N700/litre following Dangote's price decrease.   The Independent Petroleum Marketers Association of Nigeria anticipates...

FG expecting $2.2 billion loan from World Bank- Wale Edun

The Federal Government is looking forward to receiving around $2.2 billion single-digit interest loan from the World bank and another budget support facility from...

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