The Federal Government has announced its intention to review electricity tariffs to address pricing imbalances and foster greater investment in the energy sector. Minister of Power,...
Nigeria’s foreign exchange reserves have dropped by $2.2 billion as the Central Bank of Nigeria (CBN) continues its efforts to support the Naira and settle a...
The National Agency for Science and Engineering Infrastructure (NASENI) has announced that Nigeria’s first indigenously manufactured helicopter is almost ready for its maiden test flight. Kareem...
Dangote Petroleum Refinery has lowered the ex-depot price of Premium Motor Spirit (PMS), commonly known as petrol, by N65, bringing the cost down from N890 to...
Nigeria’s Gross Domestic Product (GDP) grew by 3.84% (year-on-year) in real terms during the fourth quarter of 2024, according to the latest report from the National...
The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has reiterated the Bank’s dedication to enhancing economic cooperation between Nigeria and the Kingdom...
President Bola Tinubu has reaffirmed his administration’s commitment to supporting financial technology companies that provide essential payment infrastructure for Nigerians and the broader African market. The...
The Nigerian naira has continued its upward trajectory over the past three weeks, reflecting growing stability in the country’s foreign exchange market. On Friday, currency traders...
The Naira appreciated to N1,530 per dollar in the parallel market today, strengthening from N1,540 per dollar recorded on Thursday. However, in the Nigerian Foreign Exchange...
The Governor of the Central Bank of Nigeria, Mr. Olayemi Cardoso, has canvassed stronger economic ties with the Middle East and the Nigerian diaspora community in...