Nigeria’s urgent need of cash was evident Thursday as Africa’s top oil producer sidestepped rising global interest rates to sell...
The disposition of Nigerians towards wine consumption is growing as consumption in 2021 was 33.1 million litres, the highest since...
As Nigerians felicitated with one another on January 1, 2022, and celebrated the new year, each person owed N191,889.55 as...
There are more woes ahead for the Nigerian economy as manufacturers say surging diesel prices will force them to cut...
The Debt Management Office DMO indicated on Thursday that Nigeria may not need to worry over China’s decision to cut...
Many Nigerians who could make international payments from the comfort of their homes would now have to get a dollar...
Former President Goodluck Jonathan and Timipre Sylva, minister of state for petroleum resources, have broken ground on a lubricant and...
The Debt Management Office (DMO) says Nigeria’s public debt as of December, 2021 is N39.55 trillion. Patience Oniha, the director-general...
Nigeria’s economy has continued to struggle to keep up to its title ‘Africa’s largest economy’ with its dwindling oil production,...
The economic misery of Nigerian households and businesses have been compounded in recent weeks by the rising cost of food...
Ahead of the next meeting of the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN), analysts have...
Aliko Dangote, chairman and chief executive of Dangote Group, Nigeria’s largest company, warned last week of an impending food scarcity...
Nigeria’s foreign trade deficit widened to a record N1.94 trillion in 2021 as the cost of importing commodities exceeded the...
Analysts at the Economist Intelligence Unit (EIU) have said Nigeria’s fiscal situation will worsen considerably this year under the weight...
As companies in Nigeria’s fast-moving consumer goods (FCMG) sector are facing up to rising costs, experts have highlighted the need...