Economy

Nigeria’s foreign exchange reserves recorded a notable increase of $4.39 billion over a one-year period, reflecting gradual strengthening despite early-year...

Nigeria’s decision to reintroduce capital gains tax on equity investments is reshaping conversations across the capital market, exposing deeper concerns...

President Bola Tinubu has approved the write-off of a significant portion of outstanding debts owed by the Nigerian National Petroleum...

Fresh data from the Nigerian Exchange (NGX) reveal that trading activity in the equities market remains heavily concentrated, with just...

Dangote Petroleum Refinery has begun the nationwide sale of Premium Motor Spirit (PMS) at a pump price of ₦739 per...

Trading activity on the Nigerian Exchange (NGX) became increasingly concentrated in mid-December, with just ten stockbroking firms accounting for about...

Nigeria’s electricity sector is facing deepening financial strain as the Federal Government’s outstanding obligations to power generation companies (GENCOs) are...

The Nigeria Customs Service (NCS) has begun enforcement actions against banks accused of failing to promptly remit customs revenues, signaling...

Nigerian workers are experiencing what labor leaders describe as the most severe financial pressure in the nation’s history, even as...

Gold prices moved higher on Wednesday as investors reacted to a U.S. employment report that suggested cooling conditions in the...