Business Daily NG: Breaking Business News Everyday https://validator.w3.org/feed/docs/rss2.html NITDA to license software testing firms as Nigeria introduces mandatory quality assurance framework Quidax expands stablecoin infrastructure to 21 countries, targets faster and cheaper cross-border payments Nigeria’s $1 trillion economy ambition: Why the numbers matter Royal Exchange reports 94.2% plunge in H1 2026 pre-tax profit Flutterwave secures Circle Ventures investment to expand USDC-powered cross-border payments Home Nigeria’s digital financial ecosystem processes over ₦1.07 quadrillion annually, but trust remains weak – Report Patrice Motsepe loses $800 million in 2026 as mining wealth comes under pressure Nigeria’s FX market records first $4 billion weekly turnover of 2026 as trading activity surges Femi Otedola deepens First HoldCo stake with ₦77.6 billion share acquisition Former NSIPA CEO Halima Shehu alleges ₦3 billion COVID-19 funds were paid into 11 accounts without her approval Pressure mounts on CBN to cut interest rates as borrowing costs remain above 30% Nigeria’s external reserves climb to 17-year high, surpass CBN’s 2026 target 31 companies win 37 oil and gas blocks in Nigeria’s 2025 Licensing Round PenCom plans to increase mandatory pension contribution rates under PRA review Dangote Refinery completes $2.5 billion private placement in landmark fundraising deal OPay targets one billion users as fintech unveils ambitious long-term growth strategy Nigerian equities market rebounds as investors gain ₦1.58 trillion in a single session Global oil prices surge toward $100 per barrel amid renewed US-Iran tensions Nigeria’s money supply rises to ₦133.25 trillion despite CBN’s tight monetary policy Nigerian equities market enters August with banks, oil stocks and undervalued companies in focus CBN launches FX Purchase Tracker, tightens rules for Bureau De Change operators NGX Group declares ₦1.30 interim dividend after record first-half earnings First HoldCo hits record high as market value surpasses ₦3.8 trillion SEC launches nationwide campaign to help investors recover unclaimed dividends CBN targets $1 billion monthly diaspora remittances by end-2026 Coronation Insurance MD, Olamide Olajolo, Elected into CIIN Governing Council Nigerian banks navigate tougher 2025 as recapitalisation, tighter regulations reshape industry rankings Compulsory Insurance for Landlords and Tenants: Protecting Lives and Property Oil marketers accuse major importers of fixing petrol prices above Dangote Refinery rates CBN targets $1 billion monthly diaspora remittances by end-2026 Federal High Court orders final forfeiture of ₦942 million linked to suspected IPPIS ghost worker fraud FG to adopt new framework for measuring Nigeria’s economic performance 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 First HoldCo becomes Nigeria’s most valuable banking stock EFCC arraigns former Warri Refinery MD over alleged ₦1.339 billion money laundering Nigerian business confidence eases in June as rising costs weigh on firms Nigerian equities market adds N1.86 trillion as broad-based rally strengthens recovery 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 Federal Government inaugurates 15-member advisory committee to strengthen economic reforms Coronation Insurance Presents Brand New Kia Rio to Insure & Win 2.0 Grand Prize Winner Entry-level commercial pilots in Nigeria can earn between ₦800,000 and ₦9 million monthly Nigeria’s overnight funding market nears ₦100 trillion as trading activity rises while funding costs remain stable 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