Category: Local

Nigerian President Bola Tinubu has garnered pledges of nearly $14 billion from Indian investors, signaling a growing economic cooperation between…

The Nigerian Minister of Housing and Urban Development, Mr. Ahmed Musa Dangiwa, has affirmed his commitment to collaborating with stakeholders…

The Nigerian Postal Service (NIPOST) has introduced a commemorative stamp valued at N255 to mark the launch of the Pan…

The Federal Government of Nigeria has announced a rise in the prices of single-phase and three-phase pre-paid electricity meters, effective…

The Presidential Election Petition Tribunal has validated Bola Tinubu’s victory in Nigeria’s February election, dismissing the petitions filed by Atiku…

During the Africa Climate Summit held in Kenya, President Bola Tinubu emphasized the need for an annual investment of $10…

Confusion and panic gripped the international wing of Murtala Muhammed Airport following a fire outbreak in one of the airport’s…

PZ Cussons, the soap maker, has announced its intention to acquire the remaining 26.73% stake held by minority shareholders in…

Nigeria’s presidential election tribunal is set to announce its decision on Wednesday regarding Bola Tinubu’s continued presidency, which was challenged…

Nigeria currently holds approximately $8.25 billion in undisbursed loans from the World Bank as of July 2023, according to data…

According to the August edition of FMDQ Spotlight, the FMDQ (FMDQ Securities Exchange) reported an outstanding turnover of N22.98 trillion…

In August 2023, Nigeria’s external reserves saw a slight increase of $1.87 million, attributed to the Central Bank of Nigeria’s…

The Ministry of Budget and Economic Planning has revealed plans to present the 2024 budget to the House of Assembly…

Rising inflation and currency instability have led to a significant downturn in business activities in Nigeria, as reported in the…

Nigerian energy company Oando is set to acquire the Nigerian Agip Oil Company (NAOC), a subsidiary of Italian energy group…

Foreign firms repatriated $5.86 billion from the Nigerian economy between October 2022 and March 2023, with $5.13 billion repatriated as…

Nigerian oil marketers have received approval from both domestic and international financiers to establish approximately 30,000 gas stations across the…

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has refuted claims of petroleum product scarcity, stating that the Nigerian National…

OPEC has singled out Nigeria, one of Africa’s leading oil producers, as the least refining member within the organization, with…

The Nigerian Federal Government is preparing to review and reduce the tax waivers granted to companies operating within the country,…

In the second quarter of 2023, tax revenue from both companies and consumers in Nigeria witnessed a remarkable surge of…

Despite concerns regarding inflation, interest rate hikes, and weak macroeconomic indicators, the confidence of investors in Nigeria’s stock market remained…

In the trading week concluding on September 1, Nigeria’s stock market experienced significant growth, with an increase of 3 percent…

The Department of State Service (DSS) has reportedly apprehended Mr. Kingsley Obiora, the Central Bank of Nigeria’s (CBN) Deputy Governor…

Financial experts suggest that for the Nigerian government to reduce borrowing, it needs to address the issue of insecurity and…

The Economic Community of West African States (ECOWAS) has refuted reports suggesting that its leader, President Tinubu, proposed a transition…

A dire warning has been sounded regarding the growing skills gap in Nigeria’s telecommunications sector, which poses a significant threat…

MTN Nigeria has successfully raised a substantial sum of N125 billion through its Series 6 and 7 commercial paper notes.…

The Dangote Group has announced a merger of its subsidiaries, including Dangote Sugar, NASCON, and Dangote Rice, through a scheme…