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.

Hundreds of Shops Destroyed as Fire Ravages Oranyan Market in Ibadan

By Elizabeth Ugbo Hundreds of shops were destroyed in an early Monday fire at Oranyan Market, Ibadan North-East, Oyo State.…

Canada Announces Retaliatory Tariffs Against US After Trump’s 50% Levy

By Elizabeth Ugbo Canada’s Prime Minister Mark Carney announced retaliatory tariffs on Saturday, August 23, 2026, targeting US goods worth…

Nigeria-UAE Bilateral Trade Rises 66.7% to $5bn as CEPA Talks Advance

By Elizabeth Ugbo Bilateral trade between Nigeria and the United Arab Emirates (UAE) rose by 66.7% to $5 billion in…

NFIU Receives 42,082 Suspicious Transaction Reports in 2025

By Elizabeth Ugbo The Nigerian Financial Intelligence Unit (NFIU) received 42,082 Suspicious Transaction Reports (STRs) from banks, fintechs and other…

Naira Holds Firm at N1,350 as Parallel Market Sells Dollar at N1,415

By Elizabeth Ugbo The Nigerian naira remained relatively firm against the US dollar on Wednesday, August 19, 2026. The currency…

Dangote Refinery Secures $1bn Backing Ahead of Planned IPO

By Elizabeth Ugbo Dangote Petroleum Refinery & Petrochemicals FZE (DPRP) has secured $1 billion in underwriting backing from Marob Strategies…

FCCPC Probes Possible Cement Price Manipulation in Nigeria

By Elizabeth Ugbo The Federal Competition and Consumer Protection Commission (FCCPC) has opened an investigation into possible cement price manipulation…

CBN Reopens OMO Market to Local Investors After Seven-Year Restriction

By Elizabeth Ugbo The Central Bank of Nigeria (CBN) has lifted its seven-year restriction on local investors’ access to Open…

Free Business Registration: SMEDAN, CAC Partner to Register 250,000 MSMEs

By Elizabeth Ugbo The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) and the Corporate Affairs Commission (CAC) have…

Apply for FG’s YOUTHCRED Loan for Caterers, Fashion Designers, Others

By Elizabeth Ugbo The Federal Government launched the YOUTHCRED for Entrepreneurs programme in Abuja on Wednesday to help young business…