Business Daily NG: Breaking Business News Everyday https://validator.w3.org/feed/docs/rss2.html Nigerian equities market loses ₦1.32 trillion as broad-based selloff drags NGX lower CBN injects nearly ₦3 trillion into banking system through OMO maturities despite aggressive auction BOI unveils €85 million facility to boost cocoa processing and reduce raw bean exports Nigerian banks navigate tougher 2025 as recapitalisation, tighter regulations reshape industry rankings Nigerian business confidence eases in June as rising costs weigh on firms The Nigerian naira weakened slightly against the British pound in both the official Nigerian Foreign Exchange Market (NFEM) and the parallel market as the pound strengthened globally against the US dollar. NGX records ₦32.73 billion in block trades as institutional investors step up market activity Coronation Insurance Presents Brand New Kia Rio to Insure & Win 2.0 Grand Prize Winner Federal Government inaugurates 15-member advisory committee to strengthen economic reforms Credit to Nigerian Government Rises by N17.39 Trillion to N40.38 Trillion in May 2026 Home Nigerian equities market adds N1.86 trillion as broad-based rally strengthens recovery Flutterwave secures Circle Ventures investment to expand USDC-powered cross-border payments Premium Pension, Trustfund Pensions propose merger to create Nigeria’s third-largest PFA Lekki Phase 1 leads Lagos Island rental growth with 35.9% five-year CAGR Coronation Insurance MD, Olamide Olajolo, Elected into CIIN Governing Council Citi forecasts $60 oil price: What it could mean for Nigeria’s economy Nigeria’s FX market records sharpest weekly turnover decline of 2026 as trading falls 46.6% Nigeria’s crude oil production hits highest level in over six years, surpasses OPEC quota Nigeria’s financial system set for ₦3.12 trillion liquidity boost as OMO maturities dominate inflows HBM Nigeria completes rebranding as NGX changes trading symbol from WAPCO to HBMNG FCMB shareholders approve ₦23.08 billion dividend as 2025 profit surges Federal Workers Forum demands N300,000 minimum wage, payment of outstanding worker entitlements CBN plans N2 trillion Treasury Bills issuance in July as liquidity tightening gathers pace Protecting Your Family Beyond Today: Planning for Life’s Uncertainties Nigerian equities market extends losing streak as investors lose N877.9 billion Dangote Refinery cuts petrol ex-depot price by N50 to N1,075 per litre Honeywell Group acquires 14.12% stake in Ikeja Hotel Plc PZ Cussons appoints Oghenekevwe Ogefere as Company Secretary Federal Government inaugurates Nigeria’s largest lithium processing plant in Nasarawa Access Holdings, Coronation Group celebrate Nigerian Modernism at Tate Modern Nigeria’s overnight funding market nears ₦100 trillion as trading activity rises while funding costs remain stable Tinubu urges ECOWAS to build production-driven economy at new headquarters inauguration CBN Data Localisation Directive Set to Boost Nigeria’s Digital Infrastructure Industry Nigerian Equities Market Records Biggest Single-Day Loss of 2026 as N3.64 Trillion Is Wiped Out CBN Orders Immediate Freeze of Accounts Linked to Terrorism Financing Naira Suffers Sharpest Daily Decline Since April, Closes at N1,389/$ Access Holdings Announces Retirement of Former Acting Group CEO Bolaji Agbede Apex African Gas Commissions N10 Billion Industrial Gas Plant in Lagos NITDA says digital trust will define the future of Nigeria’s banking industry Nigerian SMEs embrace digital payments as growth ambitions gather pace – Mastercard Dangote Refinery Listing and 2027 Election Spending Seen as Key Drivers of NGX Outlook Nigerian SMEs embrace digital payments as growth ambitions gather pace – Mastercard Nigerian equities market loses N2.35 trillion as NGX extends correction FG directs petroleum marketers to reduce fuel prices following decline in global oil prices Nigeria’s pension fund assets hit record N31.32 trillion in May NELFUND faults institutions over delayed tuition refunds, arbitrary fee increases Nigeria’s FX market turnover rises 22% to $2.84 billion The Impact of Homeowner and Householder Insurance on Financial Stability Trust Is the New Currency: Rebuilding Confidence in Life Insurance and Nigeria’s Insurance Industry