Business News

The growing amount of debt in Nigeria and the associated expenses of servicing it have alarmed analysts and observers of the economy. Nigeria's total public debt, as reported by the...

The Nigerian Upstream Petroleum Regulatory Commission has eliminated five oil blocks from the current licencing round because of legal disputes, just as investors are starting to register for the 2024...

The difficulty of enforcing the minimum wage could bankrupt numerous states while the country waits for the new rate that President Bola Tinubu has promised to send to the National...

Further documents from the Office of the Accountant General have been sent to the Senate panel investigating the N30 trillion Ways and Means loans that the Federal Government obtained from...

Together with DKK Nigeria, the Lagos State Internal Revenue Services is holding a debating tournament to teach kids the value of filing taxes. Speaking on the fringes of the recent...

According to the Ministry of Aviation and Aerospace Development, in order for Nigerian airlines to operate on US and other foreign routes, they must exhibit increased capacity and consistency as...

Nigeria's reserves have increased steadily, reaching $34.14 billion on Friday after increasing by 4.06 percent from $32.74 billion on June 3, 2024, according to figures released by the Central Bank...

Nigeria recently surpassed a significant economic milestone, as its debt-to-GDP ratio crossed 50% for the first time. This announcement followed the Debt Management Office's publication of the latest public debt...

Nigeria’s exchange rate concluded June 2024 at N1,503.3 per dollar, showing a slight 1.3% monthly depreciation. Despite surpassing the psychological threshold of N1,500 per dollar, the exchange rate remained relatively...

According to the National Bureau of Statistics, in May 2024, the average cost of a healthy diet for an adult was N1,041. This was disclosed in the NBS's CoHD report...