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Naira Faces Decline, Closes Above N1,000/$: World Bank Urges Increased FX Supply…
The naira, Nigeria's currency, closed trading at N1035.12/$ on the official Investor and Exporter foreign exchange!-->…
Obasanjo Warns of Debt Trap for Africa as Nigeria’s Public Debt Hits…
Former President Olusegun Obasanjo has expressed concern that Nigeria and other African countries may face!-->…
DVCF Oil & Gas Plc Sells TIP Shares Worth N10.131m
DVCF Oil & Gas Plc, a significant shareholder in waste management and industrial cleaning company has sold!-->…
“Nigerdock Partners with UNIDO, Boost Green Energy Adoption and Foreign…
Nigerdock, the promoters of Snake Island Integrated Free Zone, have highlighted that their partnership with the!-->…
Nigeria Stocks Hit Record High, Rising 1.68% in First Trading Session of 2024
In a bullish start to 2024, Nigerian stocks surged by 1.68% during the first trading session, setting a new!-->…
Manufacturers Lament over FGN’s 7BN Debt
The Manufacturers Association of Nigeria (MAN) predicted a tough start for manufacturers in 2024, especially in!-->…
Nigerians Express Disappointment on Transportation Cost Despite FGN’s…
Despite the Federal Government's initiative to provide a 50% fare rebate from December 21 to January 4, 2024,!-->…
NNPC and Marketers Clash Over Petrol Subsidy, PMA Proposes N1,200/Litre
Tensions have risen between the Nigerian National Petroleum Company Limited (NNPC) and fuel marketers, represented!-->…
Nigeria’s External Reserve Declines by $77m- CBN
In December 2023, Africa's largest economy, Nigeria, witnessed a decline in its external reserves, dropping by!-->…
Nigeria Borrows $1.71 Billion: Impact on Exchange Rates
In the first nine months of 2023, Nigeria secured $1.71 billion in foreign loans to enhance the country's foreign!-->…
NAFDAC Reduces Licencing Fees to N44, 200
The National Agency for Food and Drug Administration and Control (NAFDAC) has announced a significant reduction in!-->…
SON Intensifies Fight Against Substandard Goods: A Commitment to Quality
The Standards Organisation of Nigeria (SON) is ramping up efforts in the battle against fake and substandard goods!-->…
Pledge to Boost Agriculture and Trade for Economic Growth- Ekiti State’s…
In a New Year statewide broadcast, Ekiti State Governor, Mr. Biodun Oyebanji, affirmed his administration's!-->…
Niger State Governor Seals TGI’s Partnership Over Food Security
In a significant move to bolster food security and stimulate economic growth, Governor Mohammed Umaru Bago of!-->…
Assessing Nigeria’s Economic Performance in 2023: A Year of Challenges and…
The Nigerian economy faced a challenging year in 2023, marked by a notable decline compared to the previous year.!-->…
Bitcoin Surges Above $45,000 in New Year Rally
Bitcoin made a strong start to the New Year by surpassing $45,000 on Tuesday, marking its highest point since!-->…
BYD Produced 3 Million New Energy Vehicles in 2023, Challenging Tesla’s…
Chinese electric car giant BYD announced on Monday that it produced over 3 million new energy vehicles in 2023,!-->…
Tensions in Red Sea Elevate Oil Prices in Iran
Oil prices surged on Tuesday as Iran deployed a warship to the Red Sea amidst ongoing tensions in this crucial!-->…
Global Regulatory Landscape for Cryptocurrencies in 2023
In 2023, regulators worldwide, including those in Europe and Asia, intensified their efforts to establish formal!-->…
“Tough Time Never Last”- Tinubu Addresses Nigeria’s…
During the New Year address delivered by the president, Bola Ahmed Tinubu, he identified six socio-economic!-->…
Dangote Refinery Recieves Fourth Supply of Crude Oil
To enhance the commencement of Dangote Petroleum Refinery and petrochemicals, NNPC supplied one million barrels of!-->…
President Tinubu Signs N28.78 Trillion Budget: Charting Priorities for 2024
On January 1, 2024, President Bola Tinubu signed the N28.78 trillion budget for the year, marking a pivotal!-->…
Nigerian Stock Market Projections for 2024: A Gradual Yet Promising Rally
The Nigerian stock market, which experienced a remarkable 45.90% return in 2023, is poised for continued growth!-->…
Nigeria’s Finance Minister, Wale Edun, Outlines Strategy to Reduce Reliance…
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has unveiled the government's!-->…
Naira Remains Near Lows on P2P Market as Dollar Inflows Remain Weak
The Nigerian Naira is struggling to gain strength against the US Dollar, particularly on the Peer-to-Peer (P2P)!-->…
Nigeria to Launch Passport Application Automation, Review Immigration Policy
The Minister of Interior, Olubunmi Tunji-Ojo, has announced the commencement of the passport application!-->…
IFC Invests $50 Million in EMIF II Fund to Address Infrastructure Gaps in Asia and…
The International Finance Corporation (IFC), a member of the World Bank Group, has committed a $50 million equity!-->…
2023, A Challenging Year for Businesses- Expert
During an interview with Daily Trust, Adewale-Smatt Oyerinde, the Director General of the Nigeria Employers’!-->…
NIMASA Urges Shipowners to Unite for Accessing $360 Million Fund
The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Bashir Jamoh, has!-->…
Cement Prices to Drop at N3500 in 2024- BUA Chairman
BUA Chairman Abdul-Samad Rabiu recently reaffirmed his commitment to selling a bag of cement at N3500 in 2024, as!-->…