Business News

Nigeria’s external reserves have surpassed $35 billion, reaching $35.05 billion as of July 8, 2024. This is the highest level since May 30, 2023, and the first time this milestone...

The Nigerian Senate is considering a bill to increase the proportion of gold in the country's foreign reserve assets from 4% to 30%. This initiative is part of a broader...

Backbone Infrastructure Nigeria Limited, a multinational corporation, declared its plan to invest $172 billion to support the growth of the nation's infrastructure. According to a business statement on Saturday, this...

Data on demand deposits from the Central Bank of Nigeria's website shows that they increased by 206.83 percent from N9.67 trillion in May 2019 to N29.67 trillion in May of...

The Eko Electricity Distribution Company has launched a network-wide awareness campaign against energy theft in an effort to put a stop to the problem in all of its manifestations. According...

The track from Ujevwu in Delta State to Itakpe in Kogi State is in bad condition, which is why the Nigerian Railway Corporation has suspended Warri-Itakpe train services. Customers received...

New lines for Premium Motor Spirit, often known as fuel, appeared on Friday in Abuja, as well as in other regions of Niger and Nasarawa State. These lines formed as...

According to Chief Uche Nnaji, Minister of Innovation, Science, and Technology, Nigeria stands to save $30 million a year by turning cassava into ethanol. As reported by Channels TV, this...

The rapid stabilisation and advancement plan, which aims to inject N2tn into the economy over the course of the next six months, has been reviewed by the Federal Government, and...

As the Nigerian National Petroleum Company Limited struggles to close the gap between fixed pump prices and international fuel costs, Nigeria's debt to suppliers of Premium Motor Spirit, also known...