Economy

The Nigerian House of Representatives has launched an inquiry into what it calls “arbitrary, excessive, and unjustified” deductions from customers’...

The Nigerian Naira experienced a marginal weakening this week, settling at N1,467.01 per US dollar on Tuesday, a slight drop...

Commercial banks’ deposits with the Central Bank of Nigeria (CBN) skyrocketed by 568.7% year-on-year, climbing to N146.13 trillion in the...

Nigerian Bonny Light crude steadied at approximately $67 per barrel as global oil markets rebounded from significant losses, driven by...

In a remarkable display of sector strength, Nigerian banking powerhouses have spearheaded the Nigerian Exchange (NGX) equity market's explosive growth,...

Nigeria's overall public debt has reached a new high of N152.4 trillion as of the end of June 2025, marking...

The Nigerian federal government has pushed back against a recent World Bank assessment claiming that 139 million people in the...

In a major step to revive Nigeria's beleaguered power industry, President Bola Tinubu has authorized a N4 trillion bond aimed...

Sahara Group, a prominent African energy and infrastructure company, has unveiled ambitious plans to increase its crude oil production to...

Recent data from the National Bureau of Statistics reveals that Nigeria’s trade with other African countries increased by N610 billion...