Textile imports into Nigeria have doubled in two years as the industry remains in the doldrums despite the federal government’s...
The Central Bank of Nigeria (CBN) recently released the exposure draft of guidelines on the management of dormant accounts, unclaimed...
Nigeria’s insurance industry has earned a total of N615.8 billion on retiree annuity under the country’s Contributory Pension Scheme. Managed...
Nigerian firms recorded a 133 percent increase in corporate borrowings in 2022 as working capital needs soared amid an intense...
The federal government has held talks with the Multilateral Investment Guarantee Agency (MIGA) – an investment arm of the World...
Nigeria’s annual inflation rate rose for the third straight month to 22.04 percent in March from 21.91 percent in the...
The naira has appreciated against the dollar at the parallel market as some of the dollars said to have been...
The Nigerian Extractive Industries Transparency Initiative (NEITI) has revealed that Nigeria lost 619.7 million barrels of crude oil valued at...
The International Monetary Fund (IMF) has said Nigeria needs a medium-term plan to reduce its debt vulnerabilities. The IMF asked...
Commercial banks’ borrowing from the Central Bank of Nigeria (CBN) surged by 204.71 percent in four months, signalling that they...
Nigeria’s stubbornly high inflation has made street food stalls/kiosks a fast-growing choice for cash-strapped Nigerians, new data obtained by BusinessDay...
The worsening cost of living crisis in Africa’s most populous nation is putting a balanced diet out of reach for...
Nigeria can take lessons from other countries like Vietnam, Bangladesh and Ethiopia, whose industrial success has helped in bridging income...
Nigeria’s trade profile and relationship with other countries is expected to receive a boost following the appointment of Adamu Abdulhamid...
Despite the potential to take millions of people out of poverty through job and wealth creation, Nigeria’s manufacturing sector is...