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Category: Business

Josh Oyebisi Hails NGX and BOI SME Financing Partnership
BusinessEconomyNews

Josh Oyebisi Hails NGX and BOI SME Financing Partnership

David BenjaminApril 17, 2026April 17, 2026

The NGX and BOI SME financing partnership has now received commendation from financial sector stakeholders, including the Managing Director of…

CBN Launches New Benchmark Rate To Strengthen Nigeria’s Money Market
Business

CBN Launches New Benchmark Rate To Strengthen Nigeria’s Money Market

David BenjaminApril 17, 2026

  The Central Bank of Nigeria (CBN) has announced the introduction of the Nigerian Overnight Financing Rate (NOFR). This new rate,…

Oil Plunges, Stocks Jump As Iran Declares Hormuz Open
Business

Oil Plunges, Stocks Jump As Iran Declares Hormuz Open

hopticsApril 17, 2026

Oil prices plunged more than 10 per cent on Friday after Iran said the Strait of Hormuz would be “completely…

[VIDEO] Jet A1 Price Hike: Airline Operators Warn Effect Of Aviation Shutdown Will ‘Be Huge’
Business

[VIDEO] Jet A1 Price Hike: Airline Operators Warn Effect Of Aviation Shutdown Will ‘Be Huge’

David BenjaminApril 16, 2026

  Airline operators in Nigeria have raised an alarm over rising Jet A1 fuel prices, warning that the impact of…

IMF Projects Rise In Nigeria’s Debt-To-GDP Ratio To 33.1% In 2027
Business

IMF Projects Rise In Nigeria’s Debt-To-GDP Ratio To 33.1% In 2027

David BenjaminApril 16, 2026

  The International Monetary Fund (IMF) has projected a rise in Nigeria’s debt-to- debt-to-gross domestic product (GDP) ratio to 33.1…

Repsol Taking Back Control Of Venezuelan Oil Assets
Business

Repsol Taking Back Control Of Venezuelan Oil Assets

David BenjaminApril 16, 2026

  Spanish energy group Repsol said on Thursday it has reached an agreement with the Venezuelan government to regain control…

Eurozone March Inflation Revised Up To 2.6%
Business

Eurozone March Inflation Revised Up To 2.6%

hopticsApril 16, 2026

  Eurozone inflation leapt to 2.6 per cent in March on the back of surging energy prices caused by the…

FG Set For Revenue Boost As Nigerian Crude Surges To $113/b, Above Brent’s $96/b
Business

FG Set For Revenue Boost As Nigerian Crude Surges To $113/b, Above Brent’s $96/b

David BenjaminApril 16, 2026

  Nigeria’s revenue from crude oil is set to get a major boost, as its crude grades hit $113 per…

FG, Morocco Sign Revised BASA To Boost Tourism, Flights
Business

FG, Morocco Sign Revised BASA To Boost Tourism, Flights

hopticsApril 16, 2026

  Nigeria has signed a revised Bilateral Air Services Agreement (BASA) with Morocco to strengthen tourism ties and boost flight…

Dollar To Naira Exchange Rate Today, April 16, 2026
Business

Dollar To Naira Exchange Rate Today, April 16, 2026

hopticsApril 16, 2026

  The Naira appreciated on Thursday’s opening session in the Nigerian Foreign Exchange Market (NFEM), trading at approximately N1,344.20 per…

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