No fewer than 86 ministries, agencies, and departments of the Nigerian government are collectively indebted to the Abuja Electricity Distribution...

Nigeria witnessed a significant influx of foreign loans in 2023, comprising 59.1% of the total capital importation into the country,...

A combination of economic and political factors has contributed to the weakening of several African currencies, including the naira in...

Singapore-based Olam Group has announced that its Nigeria unit has been cleared of any wrongdoing in an alleged multi-billion-dollar foreign...

The Nigerian Electricity Regulatory Commission (NERC) is mulling over the possibility of another price increase for prepaid meters, responding to...

Nigeria's food inflation has surged to a staggering 35.4%, marking a dire situation that has triggered protests across several cities...

Nigeria's crude oil production experienced a minor decline to 1.42 million barrels per day (mbpd) in January 2024, as revealed...

Edo State Governor, Mr. Godwin Obaseki, is leading efforts to diversify the state's economy by tapping into its solid minerals...

Despite reassurances from the Nigerian National Petroleum Company (NNPC) Limited, petrol prices have soared in several parts of Nigeria, with...

Governor Yemi Cardoso of the Central Bank of Nigeria has revealed that the foreign exchange market has experienced a surge...