Economy

The European Commission has announced a forthcoming increase in Schengen visa fees for non-EU countries, effective June 11. The standard...

The Federal Government of Nigeria is preparing to implement a temporary suspension of import duties on essential goods such as...

The Nigerian naira demonstrated stability across various foreign exchange (FX) markets on Tuesday, despite a significant surge in dollar sales...

Nigeria may have lost approximately N148.8 billion in oil revenue on Monday due to an industrial action by the Organised...

The Nigerian government announced plans to significantly reduce the importation of Premium Motor Spirit (PMS), commonly known as petrol, by...

In a significant development, the National Labour Congress (NLC) and the Trade Union Congress (TUC) have suspended their nationwide strike...

The Nigeria Deposit Insurance Corporation (NDIC) has taken decisive action by initiating the liquidation process for Heritage Bank Plc. This...

Alphabet, the parent company of Google, has initiated layoffs affecting its cloud unit, a segment that has been experiencing rapid...

The Nigerian Exchange (NGX) witnessed a tumultuous trading day on Monday, as investors grappled with losses amounting to N102 billion....

Nigeria’s foreign exchange reserves have been caught in a downward spiral, raising alarm bells among economists and policymakers. The Central...