Business News

As more states prepare to join others in managing their various power markets under their own laws, state governments are preparing to remove electricity subsidies within their borders. The states...

By the end of May, the value of the currency in circulation had reached an all-time high of N3.97 trillion, up 1.07 percent from the previous month. The money in...

The operators of modular refineries claimed on Sunday that when the Dangote Petroleum Refinery and other indigenous producers begin huge output, the pump price of Premium Motor Spirit, also known...

The devaluation of the Naira has positively impacted the exportation of local Nigerian products to neighbouring West African countries. Comptroller Timi Bomodi, the Customs Area Controller of the Seme Command,...

Gbenga Ibrahim, a public affairs writer and analyst based in Lagos, has praised President Bola Tinubu and CBN President Yemi Cardoso for bringing about change in the nation's top bank...

As part of efforts to support Nigeria's power output, the Federal Government granted 95 licences, permits, and registration certificates for the production of 989.42 megawatts of electricity in 2023. The...

Nigeria's foreign exchange reserve has steadily increased over the last six days, following a 10-week decline of $1.8 billion, suggesting that the country's external reserve is beginning to recover. Data...

By 2029, Nigeria's Gross Domestic Product per person should have increased to $1,120.67, according to the International Monetary Fund. Nigeria's GDP per capita has been trending downward since 2014, with...

Friday night brought a wave of distress for crypto traders as the entire crypto market turned red, signalling a significant drop in prices across major crypto assets. This resulted in...

The Federal Government established four technical working groups on food safety and released the updated National Policy on Food Safety and Quality on Friday. This was done in Abuja as...