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.

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…

CBN Lending Rates Hit 60% as Banks Tighten Credit to Key Sectors

By Elizabeth Ugbo Manufacturers and agricultural operators in Nigeria are now paying lending rates of up to 60 per cent,…

No Power, No Growth: Dangote Urges Urgent Action on Nigeria’s Electricity Crisis

By Elizabeth Ugbo The President of Dangote Industries Limited, Aliko Dangote, on Tuesday called on the Federal Government of Nigeria…

MTN Group Acquires IHS Towers in $6.2 Billion Deal

By Elizabeth Ugbo MTN Group Ltd., Africa’s largest mobile operator, has agreed to acquire IHS Holding Ltd., a leading telecommunications…

Naira Holds Steady at 1,354/$ in Official Market as CBN Sustains Liquidity Control

By Elizabeth Ugbo The Nigerian Naira traded steadily against the United States Dollar on Tuesday morning, February 17, 2026, in…

Dangote Signs $400m Equipment Deal to Fast-Track Refinery Expansion

By Elizabeth Ugbo Dangote Group has signed a $400 million construction equipment agreement with XCMG Construction Machinery Co., Ltd. in…

NNPC Reports N60.5 Trillion Revenue, N5.76 Trillion Profit in 2025

By Elizabeth Ugbo The Nigerian National Petroleum Company Limited (NNPC) disclosed on Thursday, February 13, 2026, that it generated N60.5…

Canadian Dollar Shows Stability Against Naira in February 2026

By Elizabeth Ugbo The Canadian Dollar (CAD) maintained stability against the Nigerian Naira (NGN) on Monday, February 16, 2026, in…

President Bola Ahmed Tinubu Sends Shettima to Kano Over Singer Market Fire Disaster

By Elizabeth Ugbo President Bola Ahmed Tinubu has directed Vice President Kashim Shettima to lead a Federal Government delegation to…