Browsing Category
Business
Read Business Newspaper Online Today on OduNews.com
Learn more about business news today on this page
Also, view all the latest business news updates in Nigeria today
Read World Business News on this page
Learn more about Latest Business News In Nigeria Today on this page
Nigeria’s Foreign Reserve Drops To $39.16bn In H1’22
Nigeria's external reserve fell by $1.37billion or 3.37 per cent in the first quarter of 2022 to $39.16billion as of June 30 from $40.52 billion it closed in 2021.
Read More...
Read More...
CBN’s Policies Damaging Nigeria’s Economy, Global Credit Ratings Firm, Fitch, Says
A global credit rating firm Fitch has knocked Nigeria's Central Bank over its policies which it claimed are the cause of the country's economic woes.
Read More...
Read More...
Stock Market Gains N5.64trn In H1 2022
The Stock Market segment of the Nigerian Stock Exchange Group has gained N5.64 trillion in the first half of 2022.
Read More...
Read More...
FG Takes Step To Speed Up 5G Deployment
The Federal Government has taken a further step to fastrack the deployment of 5G services across the country.
Read More...
Read More...
CBN’s Loan To Farmers Hits N131bn
The Central Bank of Nigeria has doled out N131 billion as loans to farmers under the Agricultural Credit Guarantee Scheme Fund (ACGSF) between its inception in 1977 and May, this year.
Read More...
Read More...
Nigeria Exchange Fines Honeywell, Flour Mills, Two Others N10m Over Default Filing Of Financial…
The Nigeria Exchange Limited (NGX) has placed a N10m fine on four quoted firms over their failure to submit their financial statements in due time.
Read More...
Read More...
CBN Orders OFIs To Comply With Cybersecurity Guidelines
The Central Bank of Nigeria has ordered Other Financial Institutions (OFIs) to fully comply with its cybersecurity guidelines.
Read More...
Read More...
Stanbic IBTC Celebrates Women In Tech
Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings PLC, on Thursday, celebrated women in the tech industry.
Read More...
Read More...
E-Transaction: FBNH, Stanbic IBTC, FCMB, Others Spend N81.8bn On Customers’ Fees, Commission…
First Bank Nigeria Holdings PLC, Stanbic IBTC, FCMB and a host of other banks spent N81.8bn on customers' fees and commission on electronic transactions in the first quarter of 2022.
Read More...
Read More...
Nigeria’s FX Trade Hit N24.93trn In 5 Months
Investors have traded foreign exchange worth N24.9 trillion in five months, OduNews reports. This is against the N21.36 trillion traded in the same period of 2021 through the…
Read More...
Read More...
Lagos Records 24.2M As Active Internet Subscribers Hit 145.8M In Q1’22
The Nigerian Bureau of Statistics says active internet subscriptions in Nigeria rose quarter-on-quarter (QoQ) by 2.7 per cent to 145.8 million in the first quarter of 2022 (Q1’22), from…
Read More...
Read More...
Petrol Subsidy Rises To N2.84trn In 17 Months
The total amount paid for fuel subsidy has risen to N2.84 trillion in 17 months, OduNews reports.
Read More...
Read More...
FG Borrows N4.2trn From Local Investors In H1’22
The Federal Government of Nigeria borrowed N4.2 trillion from local investors within the first half of 2022, OduNews reports. This represents a 21 per cent, year-on-year YoY,…
Read More...
Read More...
FG’s IPPIS Uncovers 70,000 Ghost Workers, Saves N10.2trn
The Director-General, Bureau of Public Service Reforms, Dr Dasuki Arabi, says the federal government has uncovered 70,000 ghost workers through the deployment of the Integration…
Read More...
Read More...
IATA To Nigeria: 5G Networks May Interfere With Aircraft Landing
The International Air Transport Association has warned the Nigerian government and other countries that the deployment of 5G networks could affect the safe landing of aircraft.
Read More...
Read More...
Kerosene, Cooking Gas Prices Increase By 88% In One Year – NBS
The Nigerian Bureau of Statistics says the prices of kerosene and liquefied petroleum gas have increased by 88% within a year.
Read More...
Read More...
Railway Corporation Generates N5.07bn In 2021
The Nigerian Railway Corporation recorded a 226.44% Revenue Increase In 2021
Read More...
Read More...
Nigerian States To Lose N18.8bn In Oil, Gas Revenues In 2022 – World Bank
The World Bank has projected that Nigerian states will record an N18.8bn loss in oil and gas revenues in 2022.
Read More...
Read More...
Past Governments Neglect Of TinCan Port Responsible For Poor State – FG
Nigeria's Minister of State for Transportation, Gbemisola Saraki, says the state of the TinCan port is a result of neglect by past governments. Saraki who said this during a…
Read More...
Read More...
IATA Projects $700m Loss For Nigerian Airlines, Others In 2022
The International Air Transport Association says Nigerian airlines and others across Africa will lose $700 million in 2022.
Read More...
Read More...