The naira has shown resilience in the unofficial market, appreciating against the dollar as the dollar index saw some losses...

In the first quarter (Q1) of 2024, Nigeria's gross domestic product (GDP) increased by 2.98%, up from 2.31% in Q1...

During its Annual General Meeting, Tony Elumelu, chairman of UBA, encouraged shareholders to reinvest their dividends in the bank's forthcoming...

The recent 150 basis points hike in the Central Bank of Nigeria's (CBN) Monetary Policy Rate (MPR) to 26.25% will...

The African Development Bank (AfDB) has announced a substantial investment of $1.44 billion to bolster Nigeria's infrastructure in the energy...

On May 24, 2024, Nigeria's foreign exchange market experienced a dramatic increase in turnover on the Nigerian Autonomous Foreign Exchange...

The Federal Government, through the Ministry of Industry, Trade, and Investment, has initiated the implementation of Nigeria’s National e-Commerce Strategy...

The Federal Government, in collaboration with the Bank of Industry (BOI), has finalized plans to launch the "NextGen" bank, which...

Amidst economic challenges in Nigeria, former Akwa Ibom State Governor Udom Emmanuel has urged the federal government to provide concessions...

Nigeria's first Compressed Natural Gas (CNG) vehicle manufacturer, Innoson Vehicles Manufacturing Company Ltd (IVM), based in Nnewi, Anambra State, has...