Economic News

The execution of foreign exchange reforms to regain the confidence of investors in the economy is a prerequisite for Nigeria's...

Nigeria's foreign reserves fell by $2.202 billion to $38.318 billion on September 29, 2022, from $40.520 billion on December 31,...

The Nigerian National Petroleum Company Limited (NNPC) announced yesterday in Abuja the acquisition of Oando's OVH Energy, a move aimed...

Dangote Industries Limited, Africa's largest business conglomerate, has been named the Outstanding Indigenous Conglomerate of the Decade, taking home eight...

Tony Elumelu, chairman of Heirs Holdings, has stated that retail insurance is the way of the future in Nigeria. On...

According to Ms. Patience Oniha, director-general of the Debt Management Office, DMO, the government's need to borrow N1 trillion to...

According to Mr. Ekerete Gam-Ikon, an insurance expert and organizer of the annual insurance for September conference, this year's gathering...

In a bold step to combat inflation in the nation, the Central Bank of Nigeria (CBN) increased the Monetary Policy...

The Nigerian Electricity Regulatory Commission, on Thursday, said power consumers paid a total of N210.17bn to distribution companies in the...

Nigeria and other developing nations have been cautioned by the World Bank Group that raising interest rates simultaneously in response...