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Nigeria Expects “Immediate” Multi-Billion-Dollar Investments from…
Nigeria anticipates "immediate" multi-billion-dollar investment flows from Saudi Arabia after signing an agreement…
Nigeria’s Communications Commission Stresses Internet Connectivity for SMEs,…
The Nigerian Communications Commission (NCC) emphasizes the crucial role of internet connectivity in fostering…
Nigeria Manufacturing Expo Aims to Boost Local Raw Material Sourcing
The Nigeria Manufacturing and Equipment Expo (NME) and Nigerian Raw Materials Expo (NIRAM), organized by the…
NNPC Brokers Peace Deal Between TotalEnergies and Oil Unions, Resumes 275,000 BPD…
The Nigerian National Petroleum Company Limited (NNPC) announced on Sunday that it mediated a peace deal to…
Dangote Refinery Secures License to Process 300,000 Barrels of Nigerian Crude…
Aliko Dangote, Africa's richest person, announced that the Dangote refinery has obtained a license to refine more…
KPMG Forecasts Nigeria’s Headline Inflation to Reach 30% by December 2023…
KPMG predicts that Nigeria's headline inflation will escalate to 30% by December 2023, citing recent reforms such…
Central Bank of Nigeria Affirms Legal Tender Status of All Banknotes Amidst…
The Central Bank of Nigeria (CBN) has issued a statement reiterating that all banknotes, both old and redesigned,…
China-Nigeria Bilateral Trade Volume Reaches $17.25 Billion in First Three…
The Consul General of China in Lagos, Yan Yuging, has revealed that the bilateral trade volume between China and…
Spanish Navy Renews Commitment to Collaborate with Nigerian Navy in Gulf of Guinea
The Spanish Navy has expressed its dedication to working in partnership with the Nigerian Navy to address maritime…
Nigeria’s Top Banks Experience Surge in Customer Deposits Amidst Increased…
Nigeria's five largest banks have witnessed a notable surge in customer deposits this year, outpacing the growth…
Central Bank of Nigeria Reassures Availability of Cash, Affirms Legal Tender of…
The Central Bank of Nigeria (CBN) has issued a statement assuring the public of the continued availability of…
MTN Expects Nigeria’s Economic Reforms to Yield Growth by Mid-2024
MTN Group Ltd., Africa's largest wireless company, anticipates that Nigeria's economic reforms, spearheaded by…
Nigeria Considers Using NLNG Dividends to Bolster Economy and Naira Value
The Bola Ahmed Tinubu-led federal government in Nigeria is exploring the possibility of utilizing dividends…
Nigeria’s Maritime Security Crucial for Tapping into $2.5 Trillion Blue…
Bashir Jamoh, Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), emphasized the…
Revitalizing Nigeria’s Oil and Gas Sector: Challenges and Imperatives
The Nigerian government is pinning hopes on the oil and gas sector to stabilize the devalued naira, but the…
Revitalizing Nigeria’s Oil and Gas Sector: Challenges and Imperatives
The Nigerian government is pinning hopes on the oil and gas sector to stabilize the devalued naira, but the…
Nigeria’s High Drug Import Tariffs: A Barrier to Essential Medicines for…
Steep tariffs on imported drugs in Nigeria are driving up prices, making essential medicines for non-communicable…
African Startup Funding Sees Decline in October, Nigeria Lags Behind Peers
Funding activity for startups in Africa, particularly Nigeria, witnessed a decline in October. While there was a…
Atedo Peterside Criticizes Nigerian Government’s Lavish Spending Amid…
Atedo Peterside, in an exclusive interview with BusinessDay, has voiced his criticism of the Nigerian government's…
MeCure Industries Set to List 4 Billion Shares on NGX, Boosting Market…
Leading pharmaceuticals and nutraceuticals manufacturing company, MeCure Industries Limited, is gearing up for a…
Berger Paints Nigeria PLC Demonstrates Resilience Amid Challenges, Promises…
Berger Paints Nigeria PLC (BPN) Plc, a prominent manufacturer of paints and allied products, has reassured the…
Nigeria’s Equities Market Commences the Week on a Positive Note, Gaining…
On Monday, November 6, Nigeria's equities market started the week on a positive trajectory, surging by 0.40…
Peter Obi Expresses Disappointment in Supreme Court’s Ruling on Presidential…
Peter Obi, the presidential candidate of the Labour Party (LP) in the 2023 election, has voiced his disappointment…
Mobile Money Agents Surge in Nigeria, Boosting Financial Inclusion
A recent report by the International Monetary Fund (IMF) reveals a substantial increase in registered mobile…
Nigeria’s Federal Government Borrowing from Central Bank Hits ₦4.36 Trillion
Data shows that Nigeria's federal government borrowed ₦4.36 trillion from the Central Bank of Nigeria (CBN) as of…
Naira Loses 4.24% Against the Dollar Due to Declining Dollar Supply
The Nigerian Naira has experienced a 4.24% loss in value against the US Dollar at the official market due to a…
Banks’ Borrowings from Central Bank of Nigeria Surge 466% YoY Due to…
Banks' borrowings from the Central Bank of Nigeria (CBN) through the Standing Lending Facility (SLF) have seen a…
Over N4.3tn Worth of Crude Oil Stolen in 7,143 Pipeline Vandalism Cases in 5 Years
The Nigerian government has revealed that more than N4.3 trillion worth of crude oil was stolen in 7,143 pipeline…
Unveiling Equipment Leasing Registration Authority: A Boost to Revenue Generation
The Nigerian government is set to introduce the Equipment Leasing Registration Authority (ELRA) with the aim of…
Challenges Persist in Nigerian Power Sector Despite Multi-Trillion Naira…
Despite the federal government's substantial investments exceeding N3 trillion in the power sector between 2015…