Economy

Global crude oil prices have surged close to $110 per barrel, raising fresh concerns that Nigerians could face higher costs...

The value of dollars traded in Nigeria’s foreign-exchange market dropped 22.23 per cent to $2.62 billion in the week ended...

The naira is expected to trade in a range of roughly N1,290 to N1,370 against the US dollar through the...

The Federal Government is setting a markedly higher growth target than external forecasters, aiming for 7 per cent expansion on...

The Nigerian National Petroleum Company Limited is progressing toward an initial public offering after completing a baseline readiness assessment and...

The International Monetary Fund has cautioned Nigeria against restoring across-the-board petrol subsidies in the face of growing political pressure ahead...

Financial services absorbed $9.64 billion, or 52.58 per cent, of Nigeria’s total foreign-exchange utilisation of $18.34 billion in the second...

Dangote Petroleum Refinery and Petrochemicals reported net income of N6.29 trillion for the nine months ended 30 September 2026, as...

Nigeria produced an average of 1.53 million barrels per day of crude oil in September 2026, exceeding its OPEC allocation...

Nigeria’s 36 states and the Federal Capital Territory generated N2.64 trillion in Pay-As-You-Earn tax in 2025, a rise of about...