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The naira on Monday remained under mild pressure against the dollar in the official foreign exchange (FX) market despite improving read more Naira cools further despite higher FX interbank liquidity, rising reserves
Prof. Uche Uwaleke advises the CBN to gradually ease interest rates and revive development finance to boost investment, business expansion, and job creatio
Senator Kashim Shettima praised President Bola Tinubu for making tough economic decisions. He emphasized that successful economies are built on foresight and the courage to implement necessary reforms.
BusinessDay held its monthly SME Clinic on June 25, 2026, and the event once again lived up to the reputation read more Budgeting, Investing and Funding: The lifeline of SME growth
President Bola Tinubu announced that road improvements in Karu are revitalizing the local economy. The construction aims to enhance infrastructure and stimulate economic activity in the Federal Capital Territory's satellite towns.
Floodwaters in Oshodi, Lagos, have receded following heavy rainfall, but many businesses remain closed. The situation highlights ongoing challenges for local commerce in the aftermath of the flooding.
…says deregulation must not become an avenue for profiteering As global energy markets breathe a sigh of relief following the read more Lokpobiri flags fuel price stickiness despite easing US-Iran tensions
…As MRTBN seeks rehabilitation funding, insurance coverage for physiotherapy technologies Nigeria’s rehabilitation sector is grappling with a severe workforce deficit, read more Nigeria has fewer than 10,000 rehabilitation professionals for 200m people
Nigeria has begun laying the groundwork for its return to the international debt market, seeking advisers for a planned Eurobond read more Nigeria seeks advisers for first Eurobond sale since November
The Onitsha Business Hangout highlights the importance of collaboration for economic growth in the South-East. A N20 million grant challenge for entrepreneurs was also unveiled to support the agricultural value chain.
Hangxiao Steel Structure Co., Ltd. (SSE: 600477), China’s first listed company in the steel structure industry and a leading global integrated service provider for green buildings, has built a solid track record across Africa and global markets through proven technical expertis...
Open Startup is changing course after helping more than 1,000 startups and over 3,000 entrepreneurs across Africa over the past read more Open Startup shifts focus to Africa’s science economy after backing 1,000 startups
Nigeria's economic challenges are forcing families to turn to waste collection as a means of survival. While this shift reduces plastic pollution, it highlights the dire circumstances many are facing.
Asian stocks and oil prices rose as the US and Iran reportedly agreed to halt attacks, easing tensions and boosting investor confidence in the fragile truc
The attack occurred on a busy market day, throwing the community into chaos as heavily armed insurgents, said to be dressed in military camouflage and riding motorcycles, reportedly swept through the town unchallenged.
The rising poverty and economic challenges in South-East and South-South Nigeria have sparked discussions on extravagant marriage practices. Governments and traditional councils are stepping in to address these concerns.
The Naira to Dollar exchange rate is subject to variations across different banks and markets. This reflects the ongoing fluctuations in demand and supply conditions.
Farmers in Ebonyi are urging for reduced input costs to boost agricultural investments. They believe that lower expenses on fertilizers and seedlings will enhance productivity in the region.
Stock prices are fluctuating as oil prices rise following a potential agreement between the US and Iran to cease hostilities. This development could impact global markets and trade dynamics significantly.
South Africa faces a rise in anti-foreigner sentiment, impacting its economy and society. Vigilante groups are contributing to the financial burden of xenophobia in the country.
South Korea has announced a $500 billion investment in the semiconductor industry to meet rising AI demand. This initiative is part of President Lee Jae Myung's plan to boost industrial development outside of Seoul.
As of June 29, 2026, the Nigerian naira is trading at an official exchange rate of ₦1,379.22 per US dollar. This reflects the ongoing fluctuations in Nigeria's foreign exchange market.
Nigeria's intra-African trade has increased by 21% to reach $9.02 billion by 2025. This growth is attributed to the ongoing implementation of the African Continental Free Trade Area (AfCFTA).
SMEDAN has launched a N500 million interest-free fund to support Micro, Small, and Medium Enterprises (MSMEs) in Nigeria. This initiative aims to boost small businesses and enhance economic growth.
The Federal Government is launching an initiative aimed at enhancing industrial development, trade, and investment by 2026. Minister Dr. Jumoke Oduwole emphasized the importance of this plan for economic diversification and boosting non-oil exports.
The Nigerian Economic Summit Group warns that export rerouting is harming Nigeria's trade competitiveness despite a reported trade surplus of N7.55 trillion. This situation is depriving the economy of significant domestic value.
Concerns have been raised about the credibility of Nigeria's $1 trillion economy projections. Critics argue that these optimistic forecasts may be misleading and not grounded in reality.
The Nigerian stock market has seen a continued profit-taking trend, resulting in a loss of over N2.4 trillion for investors. This follows a previous week where losses exceeded N5.6 trillion due to significant sell-offs.
The Malaysian Palm Oil Council is collaborating with Nigeria to address the country's palm oil supply shortage. They aim to provide technical expertise and investment opportunities to help close a one million metric-tonnes gap.
Experts emphasize the importance of macroeconomic stability for sustainable growth in Nigeria. They advocate for transforming economic reforms into collective wealth to benefit all citizens.