Economy

Following the approval of the Federal Government's proposed budget estimates totaling N19.76tn, Nigeria raised its domestic and foreign borrowing requirement...

The world is unlikely to meet the goal of ending extreme poverty by 2030 as COVID-19 and the war in...

The Nigeria National Petroleum Commission (NNPC) has discovered an illegal connection line from one of its major oil export terminals;...

The Central Bank of Nigeria (CBN), following its 5 percent increase in the Cash Reserve Ratio (CRR) to 32.5 percent,...

Staple food prices have spiked by 23.9 percent between 2020-2022 in sub-Saharan Africa, as dependence on food imports, consumption, and...

Nigeria, Africa’s giant is set to commence full participation in the Africa Continental Free Trade Area (AFCFTA) in the fourth...

Nigeria has placed hopes on the Lekki deep sea port--West Africa’s biggest port (after completion)--to end cargo waiting times offshore...

Akinwumi Adesina, President of the African Development Bank (ADB) has said Nigeria needs help from the international community in tackling...

The International Monetary Fund (IMF) has stated that despite rapid economic growth in sub-Sahara Africa, regional income gaps haven’t fully...

Nigerian exporters may have discovered a way of evading the CBN’s RT 200 directive to sell forex in the official...