The Central Bank of Nigeria (CBN) has issued a directive to payment service providers, instructing them to initiate tracking of...

The Nigerian federal government recorded Value Added Tax (VAT) revenue of N1.56 trillion in the second quarter of 2024, marking...

Nigeria’s groundbreaking issuance of its first-ever foreign-currency domestic bond has achieved significant success, attracting a substantial $900 million in subscriptions....

The Nigeria Deposit Insurance Corporation (NDIC), in collaboration with the Central Bank of Nigeria (CBN) and several major financial institutions,...

Oil marketers in Nigeria may begin importing petrol as discussions between the Nigerian National Petroleum Company Limited (NNPCL) and Dangote...

The Federal Government of Nigeria has announced strict penalties for facilities violating battery control regulations, imposing a fine of N2...

Petrol prices at filling stations across Nigeria are expected to increase to over N1,000 per litre as the Nigerian National...

The Fast-Moving Consumer Goods (FMCG) sector in Nigeria witnessed a notable downsizing of its workforce in 2023, reflecting the ongoing...

The Nigerian Export Promotion Council (NEPC) has reported a significant increase in non-oil exports, generating $2.7 billion in the first...

In a significant move to address Nigeria's long-standing electricity metering gap, the Federal Government, in collaboration with state governments, has...