Peionews

Business

refers to activities involving the production, sale, or exchange of goods and services to generate profit. It includes entrepreneurship, management, marketing, finance, and operations. Successful businesses drive economic growth, create jobs, and innovate solutions, while adapting to market trends and consumer needs.

FG Unveils NEXTGEN Innovation Challenge 2026 to Drive Investment and Tech Growth

By Elizabeth Ugbo The Federal Government has unveiled the NEXTGEN Innovation Challenge 2026 in Abuja, with boot camps starting immediately…

Nigeria’s IDA Loan Exposure Rises to $18.7bn in 2025

By Elizabeth Ugbo Nigeria’s debt to the International Development Association (IDA) rose to $18.7bn as of December 31, 2025, according…

Dangote Petroleum Expands Refinery to Reduce Africa’s Import Dependence

By Elizabeth ugbo Dangote Petroleum, led by Managing Director David Bird, announced a $400,000-tonne Linear Alkaline Benzene (LAB) plant expansion…

Open Budgeting and Climate Finance: Budget Urges Federal Reforms

By Elizabeth Ugbo BudgIT Foundation on Wednesday called on the Federal Government to strengthen climate finance reporting and budget transparency…

Naira Exchange Rate: Steady Performance Amid Strong Reserves and Inflationary Support

By Elizabeth Ugbo The Nigerian Naira maintained a steady performance against the US Dollar on Wednesday, February 25, 2026, in…

Nigeria’s External Reserves Hit $50.45bn, Highest in 13 Years – CBN

By Elizabeth Ugbo Nigeria’s gross external reserves climbed to $50.45 billion on February 16, 2026, according to the Governor of…

Naira Holds Firm at 1,344/$ as External Reserves Hit $47.81bn

By Elizabeth Ugbo The Nigerian Naira traded steadily against the US Dollar on Tuesday, February 24, 2026, in the Nigerian…

Nigeria Launches Largest Agricultural Mechanisation Programme for Smallholder Farmers

By Elizabeth Ugbo The Bank of Agriculture (BOA) recently launched 2,000 tractors under the Pay-As-You-Service (PAYS) scheme in Kwali Area…

Naira to Dollar Exchange Rate February 18 2026: Official and Parallel Market Updates

By Elizabeth ugbo Official Market Performance (NAFEM) On Wednesday, February 18, 2026, in Nigeria, the Naira traded against the United…