- Friday, June 12, 2026
BusinessDay
The economy of Africa’s most populous nation is dysfunctional, and it cannot deliver for its more than 220 million people,...
Nigeria hopes to attract as much as $10 billion of new investments in deep-water gas exploration through tax breaks and...
Rail transport accounts for less than half a percent of the transport sector’s contribution to Nigeria’s gross domestic product, according...
Nigeria has accumulated a large stock of dead assets estimated at N180 trillion, yet the nation is foot-dragging to unlock...
Nigeria’s naira struck a fresh low against the dollar as businesses in the West African nation sought to reduce their...
The dollar’s share of global foreign exchange (FX) reserves declined by 1.46 percent in the second quarter of 2024 compared...
Central banks are diversifying their FX reserves to hedge against economic instability. This means reducing the share of the dollar...
For 64 years, Nigeria has awarded ghost contracts to several non-existing companies or even existing firms with little or no...
The number of approved digital lenders in the country has surged by 79.77 percent since April 2023, reflecting the rising...
Amid efforts to boost dollar inflows, Nigeria has failed to increase its FX non-oil exports significantly in five years. Data...
Every October 1st, Nigerians gather to celebrate independence with parades, speeches, and songs of freedom. But behind the fanfare, a...
President Bola Tinubu says the ExxonMobil-Seplat divestment will receive ministerial approval in a matter of days, having been concluded by...
President Bola Ahmed Tinubu has told Nigerians to be patient with him, saying that his reforms have driven $30 billion...
Sixty-four years after Independence, Nigerians are perplexed by the lavish lifestyles of the political elite in contrast to the daily...
Marketers in Nigeria will purchase premium motor spirit (PMS), also known as petrol, directly from Dangote Petroleum Refinery, but they...
