The foreign exchange (FX) pressure continued on Friday as naira depreciated to an all-time low of N881.25 (average) per dollar...
The Nigerian central bank’s surprise decision to redesign the nation’s banknotes sparked a currency mess this week, igniting a rush...
AP Møller-Maersk, the Danish shipping giant, has raised a red flag on the looming global recession as trade continues to...
The rising cost of living and stagnant incomes has reduced the saving culture of cash-strapped Nigerians, especially women. According to...
Cheaper substitutes such as eggs and offals (organ meats) used by most households to supplement their protein needs are going...
In a bid to avert food crises in Nigeria, the International Fund for Agricultural Development( IFAD) has approved a grant...
Akinwunmi Adesina, president of the African Development Bank Group (AfDB), has said that the bank secured $15.6 billion in investment...
Foreign exchange sales to authorised dealers by the Central Bank of Nigeria (CBN) have declined in recent months, fuelling dollar...
Attacks on trains conveying passengers and rail infrastructure is taking a toll on Nigeria’s rail sector, which has recorded a...
Within a period of four months (June-September), the average cost of preparing a pot of Jollof rice; a popular Nigerian...
Uber and Bolt- Nigeria’s top ride-hailing services have increased the service charge on their trips owing to the high costs...
The prices of common breakfast meals such as bread, egg and milk have skyrocketed over the past year, a BusinessDay...
Nigeria’s beleaguered currency, the Naira has slumped to a record low against the dollar on the widely used parallel market...
President Muhammadu Buhari’s recent comment on nepotism and corruption has put a spotlight on a spate of appointments he made...
Some craft chocolate makers in Nigeria are raring to have a share of the $100 billion global market as they...