Naira Slides to Two-Month Low Despite Rising Foreign Reserves
|By Babatunji Wusu The Naira fell to a two-month low on Wednesday, weakening further against the United States Dollar at the official foreign exchange market. Fresh data from the Central…
CAC Enforces New Mandatory Data Rules for Business Name Online Updates
|By Babatunji Wusu The Corporate Affairs Commission (CAC) has imposed new compulsory information requirements for all Business Name Online Update applications, directing proprietors to submit full personal and contact details…
NNPC E&P Smashes 36-Year Record, Ramps Output to 355,000 bpd in Bold Push for National Oil Revival
|By Babatunji Wusu Nigeria’s crude production drive gained fresh momentum as NNPC Exploration & Production Limited (NEPL) surged to a record 355,000 barrels per day—its highest output since 1989. The…
Naira Slides Further at Official Window Despite Rising Foreign Reserves
|By Babatunji Wusu Nigeria’s currency extended its slump on Tuesday, weakening against the United States dollar for the second straight day at the official foreign exchange market. Fresh figures from…
CPPE Backs FG’s Realistic 2026–2028 Fiscal Framework, Warns Against Optimistic Oil and Debt Assumptions
|By Babatunji Wusu The Centre for the Promotion of Private Enterprise (CPPE) has endorsed the Federal Government’s more cautious fiscal projections in the newly released 2026–2028 Medium-Term Expenditure Framework (MTEF),…
Lagos, NCDMB Lead New Ease of Doing Business Ranking as PEBEC Unveils 2025 Report
|By Babatunji Wusu The Presidential Enabling Business Environment Council (PEBEC) has declared Lagos State and the Nigerian Content Development and Monitoring Board (NCDMB) as 2025’s top-performing subnational entity and federal…
FPEDL Schedules Three-Hour Power Shutdown in Anambra to Install New Transformer
|By Babatunji Wusu Nigeria’s FirstPower Electricity Distribution Limited (FPEDL) will cut power supply across parts of Anambra State on Sunday to allow the Transmission Company of Nigeria (TCN) install its…
Naira Slips Further Despite Surge in Nigeria’s Foreign Reserves
|By Babatunji Wusu The naira lost momentum against the United States dollar on Wednesday, reversing Tuesday’s brief stability at the official foreign exchange window. Data from the Central Bank of…
FEC Sets N1,512/$ Benchmark, Projects N34.33tr Revenue for 2026 Budget
|By Babatunji Wusu The Federal Executive Council (FEC) has approved an exchange rate of N1,512 to the US dollar as the benchmark for the preparation of Nigeria’s 2026 national budget.…
PEBEC Strengthens Push to Make Nigeria a Top Global Business Destination
|By Babatunji Wusu The Presidential Enabling Business Environment Council (PEBEC) has renewed its drive to position Nigeria among the world’s most competitive investment hubs. PEBEC Director-General, Princess Zahrah Mustapha Audu,…
