Letters of credit impasse fades as dollar shortage eases
Foreign suppliers are no longer rejecting letters of credit from Nigerian businesses, in a boost for manufacturers who had struggled...
- Friday, June 05, 2026
BusinessDay
Foreign suppliers are no longer rejecting letters of credit from Nigerian businesses, in a boost for manufacturers who had struggled...
Some of Nigeria’s biggest manufacturers incurred losses in the first three months of 2024 as their borrowing costs swelled on...
Shareholders of Access Holdings Plc, Fidelity Bank Plc and FBN Holding Plc smiled to the bank like never before in...
…Dangote bucks trend The combined profit of cement manufacturers in Nigeria fell in the first three months of 2024 as...
Business activity in Nigeria rose to the highest in three months in April 2024 as a result of the improvement in the strength of its currency....
The rising cost of living in Nigeria is making a bad situation worse as it is negatively impacting the workers’...
Several nano businesses are yet to receive cash from a N50 billion grant set aside for them by the Federal...
The average cost of preparing a pot of jollof rice for a Nigerian family of five rose more than four-fold...
Nigeria, Russia, and Malaysia recorded the biggest decline in the value of banking brands among 50 countries within a year,...
The big banks may have stolen the headlines for foreign exchange gains made last year but it was the tier-two...