Business

By Victor Osula, Abuja The Central Bank of Nigeria (CBN) has announced a significant review of the documentation requirements for transactions conducted through the Panofricano payment system and regulation (Paps) in Nigeria. The director of the acting of the CBN, Corporate Communications, Hakama Sidi Ali (Mrs), said that the initiative is part of the constant commitment of the bank to …

The equity market began this week with a positive record on Monday, April 28, 2025, when investors received ₦ 229 billion at the end of the trade session. This follows the surge in stock prices from Stocks International Brewers (Intbrew); Legend Internet (Legendint) and Cadbury Nigeria (Cadbury), among others, on the trading floor. After five hours of trading in the …

5 days from the end: the government of the state of Enugu promises world class experience at the Enugu City International Marathon The wait is almost over for the largest road race in the history of South Nigeria -Eastern as all eyes will be present All the streets lead to Enugu this weekend as the ENUGU CITY international marathon, the …

In an effort to foster a smooth intra-African trade, financial inclusion, and operational efficiency for Nigerians involved in cross-border payments in Africa, the Nigerian central bank (CBN) has announced a significant review of the documentation requirements for transactions through the Pan-African Payment & Settlement System (PAPSS) in Nigeria. This was announced in a circular dated April 28, 2025 by Bank …

The Nigerian stock market opened the week with a bullish note on Monday, earning N228 billion on Nigerian Exchange Ltd. Market capitalization has increased by N228 billion or 0.34 percent and closed to N66,693 trillion compared to the Friday figure of N66,465 trillion. Likewise, the All-Share index (ASI) rose by 363.57 points or 0.34 percent, reaching 106,116.18 from 105,752.61 recorded …

The Balogun of Iddo, the head Ayodele Koleade, assured that the vacant agura of the Gbagura stool will be filled within a following month, putting an end to almost two years of vacant places following the disappearance of the late monarch. The chief Koleade held his certainty on Sunday during a meeting of the Gydc (Gydc) meeting of Gbagura Youth …

By Victor Osula, Abuja The United States Office (Ustr) has identified corruption and lack of transparency in Nigeria’s tender processes as important obstacles to exchanges and investments in the country. According to the Usr, Nigeria has not yet acted on various suspended requests regarding food and agricultural imports from the United States despite repeated efforts to guarantee market access. “US …

The United States government once again raised a serious concern over constant obstacles for trade and investment in Nigeria. The agency identifies corruption, lack of transparency, and regulations that limit as the main obstacles to investment in the most populous countries in Africa. In 2025 National Trade Estimation Report on Foreign Trade Barriers, released on March 1, the United States …

Center for Teaching and Learning Academy hosts an electrifying one day sports program Abuja (Reporter Core) The Center for Teaching and Learning Academy in Nigeria celebrated the power of sport and education with a lively one -day sporting event on its permanent site, with a FIFA soccer field and a cutting -edge field. The founder and owner, Mrs. Agodi Alagbe, …

The Nigerian Economic Summit group (NESG) has led to concerns that the 2025 budget failed to meet Nigerian social demands and critical infrastructure. In the latest publication, “2025 Budget Analysis FGN: Can the budget provide a major economic improvement?,” Think Tank Policy highlighting persistent structural problems in the country’s fiscal planning, a warning that without significant changes, the objectives of …