Members of the Senate Committee on Appropriations have called for the full removal of electricity subsidy as part of efforts...
The gap between Nigeria’s official and parallel exchange rates has widened to more than N90, marking the widest divergence since...
Olayemi Cardoso, the Governor of the Central Bank of Nigeria (CBN), has declared that the Naira is reclaiming its status...
A massive liquidity glut has sparked a frenzy in the Nigerian Treasury Bill market, prompting investors to aggressively front-load their...
Bayo Ojulari, chief executive officer of Nigerian National Petroleum Company Limited (NNPC), says Nigeria’s state-owned refineries collapsed because successive managers...
“On your mandate we shall stand,” resounds as the president presents yet another Federal Government budget larger than that of...
The Nigerian naira and Zambian kwacha are expected to strengthen further against the US dollar in the coming days, while...
The Nigerian debt capital market witnessed a surge in investor appetite on February 4, 2026, as the Primary Market Auction...
Nigeria’s economic activities expanded for the 14th consecutive month in January 2026, buoyed largely by sustained growth in the industrial...
Nigeria’s central bank said it will fast-track the implementation of open banking rules and pursue regulatory passporting agreements with other...
Naira-denominated mutual funds surged by about 140 percent in one year as investor appetite shifted away from dollar assets, signalling...
The naira rallied to its strongest level in two years last week, buoyed by a weakening US dollar, rising oil...
Nearly all federally funded projects in Nigeria that were abandoned despite full payment to contractors are concentrated in just five...
After multiple budget extensions, Nigeria’s Budget Office published a provisional full-year 2024 Budget Performance Report by the end of September,...
More than 91 percent of manufacturing firms in Nigeria operate as micro outfits for survival rather than growth, leading to...