The Central Bank of Nigeria (CBN) recorded a sharp decline in its foreign exchange sales in the first half of 2026, as increased dollar inflows from private sources continued to …
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When Nigerians make phone calls, buy fuel or use mobile internet, they interact with industries that have helped shape the country’s economy. Behind some of these businesses is Mike Adenuga, …
By Radarr Africa Business Desk LAGOS, October 29 (Radarr Africa) – United Bank for Africa (UBA) has asked a court to jail nine individuals linked to Western Metal Products Company …
- BusinessBusiness & MarketsBusiness and EconomyNews
Commercial Paper Market Tops N1.9trn as SEC Pitches It as Route to IPOs
By Radarr Africa Business Desk LAGOS, October 29 (Radarr Africa) – Nigeria’s commercial paper market has grown beyond N1.9 trillion, the Director-General of the Securities and Exchange Commission (SEC), Emomotimi …
By Radarr Africa Business Desk LAGOS, October 29 (Radarr Africa) – Fidson Healthcare Plc has reported a 49.5% rise in pre-tax profit to N17.79 billion for the nine months to …
- GOVERNMENTNewsUncategorized
FG Approves N70,000 Monthly Transport Support for Public Workers After Talks With NLC
By Radarr Africa Business Desk LAGOS, October 28 (Radarr Africa) – The Federal Government has approved a monthly transport support of N70,000 for public service workers at all levels for …
By Radarr Africa Business Desk LAGOS, October 28 (Radarr Africa) – Nigeria climbed seven places to 11th in Rand Merchant Bank’s (RMB) 2026/27 ranking of Africa’s most attractive investment destinations, …
- GovernanceGOVERNMENTNewsPolicy & Governance
Tinubu Asks National Assembly to Approve $20.5bn, €1bn in Fresh Foreign Loans
By Radarr Africa Business Desk LAGOS, October 28 (Radarr Africa) – President Bola Tinubu has asked the National Assembly to approve fresh external borrowing of about $20.52 billion and €1.045 …
By Radarr Africa Business Desk LAGOS, October 27 (Radarr Africa) – South African grocer Pick n Pay narrowed its first-half headline loss by 32 per cent to R299 million (about …
- NewsOil & GasUncategorized
NUPRC Weighs Domestic Crude Swap Plan That Could Cut $3 to $4 From Cost of Each Barrel
By Radarr Africa Business Desk LAGOS, October 27 (Radarr Africa) – Nigeria’s upstream regulator is weighing a crude swap framework that could cut about $3 to $4 from the cost …