The World Bank has revealed that the Nigerian naira is one of the worst-performing currencies in sub-Saharan Africa for 2024. In its latest regional economic report,...
The Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, on Tuesday expressed confidence in realising a $1 trillion economy by 2030. This, Cardoso said,...
Nigeria’s headline inflation increased to 32.70 percent in September, data from the National Bureau of Statistics (NBS) has shown. According to the NBS, the headline inflation...
The Naira on Wednesday depreciated at the official market, trading at N1, 669.15 to the dollar. Data from the official trading platform of the FMDQ Exchange,...
The founder of Dangote Petroleum Refinery, Aliko Dangote, has said it’s time for the federal government to end the fuel subsidy regime. In an interview with...
The Monetary Policy Committee of the Central Bank of Nigeria has voted to increase the monetary policy rate, which measures the benchmark interest rate, to 27.25...
The presidency has clarified the reasons behind Coca-Cola’s withdrawal of its 5-year, $1 billion investment pledge to Nigeria, which was made in 2021. The Special Adviser...
More Nigerians are beginning to embrace the rail transportation system as revenue rose to ₦1.69bn in the second quarter of 2024, reflecting a 53.14 per cent...
The Nigerian National Petroleum Company Limited has said that it will sell the petrol lifted from the Dangote Refinery at a price above N1,000 per litre...
The Nigerian government on Friday announced that the loading of the first batch of petrol from the Dangote refinery will commence on Sunday, 15 September. The...
