Business

The Central Bank of Nigeria has said the nation’s economy grew by $6.83biilon through payments on transactions with other countries in 2024. According to the apex bank, the positive outlook …

President of the African Development Bank Group, Dr. Akinwumi Adesina, has cautioned against engaging in a tariff war with the United States, urging African nations to prioritise strategic trade and …

The federal government says the naira-for-crude oil deal will continue after the first phase ended on March 31. The Ministry of Finance announced on Monday, after a meeting between the …

The Federal Government of Nigeria has reacted to the recent imposition of a 14% tariff on Nigerian exports by the United States. President Donald Trump imposed a 14% tariff against …

In the holiday-shortened week, the domestic stock market closed on a bearish note, as the market capitalisation lost N110 billion. The weekly loss was recorded despite the release of impressive …

Nigeria’s total public debt rose to N144.67 trillion ($94.23 billion) as of December 31, 2024, reflecting a significant increase of 48.58% compared to N97.34 trillion ($108.23 billion) recorded at the end of December 2023. …

In a significant step, Dangote Packaging Limited (DPL) has commissioned some state-of-the-art machinery to enhance its production capabilities.  At the commissioning of the machinery on Wednesday, the Managing Director/Chief Executive …

Governor Ahmed Aliyu of Sokoto State says his administration is working hard to ensure that all the moribund industries in the state are revived. He made this known when he …

The Central Bank of Nigeria (CBN) has reported a substantial improvement in its net foreign exchange reserve (NFER) position as of the end of 2024, reflecting a substantial improvement in …

The naira depreciated by 2.5 percent against the dollar in the official foreign exchange (FX) market in March 2025, as external reserves closed the month flat. According to data from …