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...
Nigeria’s foreign trade deficit widened to N1.94 trillion in 2021 compared to a deficit of N178.3 billion recorded in 2020...
Nigeria’s headline inflation rate witnessed a significant uptick as it increased by 15.70 percent in the month of February. The...
The inflationary pressures brought on by the Russia-Ukraine war is expected to dominate the personal statements of members of the...
Adeniyi Adebayo, Minister of Industry, Trade and Investment, says the total investments in Nigeria’s Free Trade Zones in the 30...
The Nigeria Extractive Industries Transparency Initiative (NEITI) has announced that the total debt owed to the federal government by mining...