Tag: Nigeria

Nigeria's GDP increased by 3.4 percent in 2024, a 0.66 percentage point year-on-year (YoY) increase over the 2.74 percent recorded in 2023. GDP growth in 2024 improved on the 3.84 ...

Nigeria's debt to the World Bank is expected to reach $9.2 billion, as the Federal Government plans to secure six new loans totalling $2.23 billion within the year. These loans ...

The Nigerian government has filed a lawsuit against Binance, the world's largest cryptocurrency exchange, seeking $81.5 billion in damages. The lawsuit comprises $79.5 billion for alleged economic losses and an ...

The Federal Government has announced that Nigeria's petrol consumption has dropped to 50 million litres per day with half of this demand being met by local refineries. As a result, Nigeria ...

The Federal Government announced on Wednesday that Nigeria's petrol consumption has decreased to 50 million litres per day, with local refineries providing half of the daily requirements. The government stated ...

China has reaffirmed its commitment to working with Nigeria to improve food security through mechanised agriculture. This was underlined at the 2025 Zoomlion Agriculture Machinery Exhibition and New Distributor Channel ...

Nigeria has achieved its first successful meeting of the 1.5 million barrels per day (bpd) crude oil production quota set by the Organisation of the Petroleum Exporting Countries (OPEC) in ...

Nigeria's Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, has indicated its ambition to increase its crude oil production to 3 million barrels per day (bpd) by 2025. This ...

In Nigeria, telecommuting, or remote work, has gained popularity due to the COVID-19 pandemic, increasing internet usage, and technological advancements. Although Nigeria is still in the early stages of embracing ...

Exporters in Nigeria have reported financial losses of more than $10 million during a five-day period as a result of difficulties caused by the integration of the Central Bank of ...