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Sanwo-Olu meets CCECC, says Lagos red line rail ready for commissioning
Lagos State Governor, Babajide Sanwo-Olu, says the Red Line Rail project covering Agbado to Otto is ready for commissioning. The...
CBN orders banks to sell excess dollars in 24 hours
In a bid to stabilize the nation’s volatile exchange rate, the Central Bank of Nigeria (CBN) has directed Deposit Money...
Chinese car brand, Hongqi, achieves record sales in January
Hongqi, a renowned car brand under China's leading automaker FAW Group Co., Ltd., has reported a remarkable sales performance for...
CBN Removes Cap on Exchange Rates for International Money Transfers
In a significant move towards a more liberalized foreign exchange regime, the Central Bank of Nigeria (CBN) has issued a...
Abuja BDC Operators Shut Down Indefinitely Over Dollar Scarcity
The Abuja chapter of the Association of Bureau De Change (BDC) Operators has announced the indefinite closure of their business...
BusinessDay Solid Minerals Conference Sets Agenda for Nigeria’s Economic Diversification
The inaugural edition of the annual BusinessDay Solid Minerals Conference took place at Hawthorn Suites, FCT-Abuja on Tuesday, January 30,...
JUST IN: Gov Sanwo-Olu visits China to boost Lagos transport sector
In a determined effort to fulfil his commitment to providing an effective transportation system for the people of Lagos, Governor...
BREAKING: CBN injects another $500m to tackle forex backlog
The Central Bank of Nigeria (CBN) has injected another $500 million into the market to address the persistent backlog of...
Bullet trains ready for China’s Spring Festival travel rush
China officially began its largest annual population migration on Friday, 15 days before the Spring Festival, also known as the...
Chinese Banks provide 10 trillion yuan in loans to Property Sector in 2023
China's banking industry extended loans worth nearly 10 trillion yuan (1.41 trillion U.S. dollars) to the property sector in 2023,...
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