Economic News

The Central Bank of Nigeria (CBN) has issued a stern warning that it will suspend the licenses of any Bureau de Change (BDC) operators or Authorised Dealer Banks found violating...

The Federal Government of Nigeria is strengthening its economic ties with Germany to attract foreign direct investment and foster economic growth. This was disclosed by the Minister of Industry, Trade,...

Nigeria's trade relationship with China has been steadily growing, with China becoming a key supplier of many of Nigeria’s imported goods. From machinery to chemicals, China plays a crucial role...

The Central Bank of Nigeria (CBN) has reaffirmed its dedication to empowering young Nigerians by rolling out targeted credit policies and skill-enhancement programs designed to drive economic progress and innovation....

The Presidency has indicated that the recent remarks made by UK Conservative Party leader Kemi Badenoch will have no influence on Nigeria. In her most recent criticism of the country,...

The Nigeria Employers' Consultative Association (NECA) has raised worry over rising living costs, stating that "the minimum wage of N70,000 has actually been eroded by the current realities." Adewale-Smatt Oyerinde,...

Africa is one of the richest continents in terms of unrealised economic potential because of its abundance of natural resources in some African countries. The top ten African nations with...

Governor Babagana Umara Zulum of Borno State has rejected the tax reform bills backed by President Bola Tinubu's administration, claiming they will devastate the north. The laws, which attempt to...

President Bola Tinubu has expressed excitement over the latest report from the National Bureau of Statistics (NBS) that the nation's economy grew in the third quarter more than last quarter...

President Bola Tinubu assured on Thursday that his administration's renewed focus on driving international and local investments into the livestock sector of the agricultural value chain will end the recurring...