Economy

Investors at the Nigerian stock market continued to tread cautiously by taking further sell positions on Tuesday as weaker naira pains. The sell-side pressure seen at the Nigerian stock market…

By Musa Na Allah Sokoto Sokoto State Commissioner for Solid Minerals Development, Alhaji Isah Tambagarka has reiterated his desire to collaborate with local and foreign investors to tap the state…

The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), has urged Nigerians to endeavour to pay their taxes to boost government revenue and improve service delivery. The Chairman of RMAFC, Alhaji…

The dollar was broadly steady ahead of a key U.S. inflation report later on Wednesday, though it rose on the yen as traders further digested comments from Japan’s top central…

The Basic Metal, Iron and Steel Products Manufacturers, a sectoral arm of the Manufacturer Association of Nigeria, (MAN) has commended President Ahmed Bola Tinubu for his overwhelming performances and efforts…

Group chairman, Heirs Holdings, Tony Elumelu has urged the Indian private sector to seize the opportunity to invest in Nigeria. He stated this, during the Nigeria-India Presidential Roundtable and Conference…

The Central Bank of Nigeria (CBN) has launched an inquiry into an alleged $1 billion currency counterfeit deal, involving a Nigerian and other nationals. A memo, dated August 23, 2023,…

Flour Mills of Nigeria Plc (FMN) recorded N31 billion as Operating Profit before adjustment for foreign exchange losses  in its unaudited financial performance for the period Q1 2023/2024. This is…

Chinese President Xi Jinping is likely to skip a summit of G20 leaders in India next week, sources familiar with the matter siad. Two Indian officials, one diplomat based in…

Wale Edun, minister of finance and coordinating minister of the economy, said the President Bola Tinubu-led administration inherited a “bad” economy with an unacceptable high rate of unemployment and inflation.…