IBN Business News

Okpebholo Accepts Silverbird’s 2026 Governor of the Year Award as Organisers Praise Edo Security Drive

Edo State Governor, Senator Monday Okpebholo, has accepted his selection as a recipient of the 2026 Silverbird Governors of the Year Award, with the...

Sola Sobowale Launches Elderly Care Home in Ibadan as Makinde, Nollywood Stars Honour Veteran Actress

Veteran Nollywood actress Sola Sobowale has launched a residential care facility for older adults in Ibadan, Oyo State, attracting Governor Seyi Makinde, prominent entertainment...

Oyedele admits average Nigerian income can no longer feed families as food costs consume 120% of earnings

Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has acknowledged the severity of the country’s...

CBN Grants JPMorgan Approval to Establish Merchant Bank in Nigeria

ABUJA, Nigeria — The Central Bank of Nigeria (CBN) has granted American financial services giant JPMorgan approval-in-principle to establish...

IRANIAN RIAL CRASHES TO RECORD LOW OF 2.2 MILLION PER US DOLLAR

Currency loses further ground as economic pressure and regional tensions deepen Iran’s rial has fallen to a new record low...

AFRICA MUST STOP EXPORTING RAW MATERIALS, ADD VALUE LOCALLY — AfCFTA

Nigeria’s AfCFTA coordinator calls for industrialisation, value addition and stronger intra-African trade Africa must urgently move away from exporting raw...

PRESCO POSTS ₦122.2BN PROFIT BEFORE TAX IN H1 2026, PROPOSES ₦10 INTERIM DIVIDEND

Presco Plc has reported a 9.3 per cent increase in profit before tax (PBT) to ₦122.2 billion for the...

SAPELE SET TO GET FIRST UNIVERSITY AS GODDAY EREWA UNIVERSITY NEARS TAKE-OFF

New private university to offer programmes in computing, health sciences, management and social sciences Sapele in Delta State is set...