Economy

The Nigerian National Petroleum Company Limited (NNPC) has disclosed the repercussions of the ongoing Russia-Ukraine conflict on Nigerian crude oil...

Surge in Domiciliary Account Balances as Naira Declines: A Boost in Forex Deposits The total balance in domiciliary accounts across...

Nigeria's federal government has faced a significant revenue challenge, experiencing a shortfall of N15.7 trillion over the past eight years,...

In a recent development, the Federal Government of Nigeria has earmarked a substantial sum of N7.76tn for salaries to federal...

German Chancellor Olaf Scholz has raised concerns about the Nigerian government's reluctance in admiting individuals without the necessary identity documents,...

In response to recent reports of cash shortages in major cities and concerns about the legality of old Naira banknotes,...

The Bola Ahmed Tinubu-led federal government is exploring a novel approach to bolster the value of the naira, leveraging dividends...

The International Monetary Fund (IMF) has revised China's growth forecast for 2023, projecting a promising 5.4% expansion. The optimistic outlook...

In a remarkable development, Nigeria's oil industry has witnessed the discovery of 'Nembe' crude oil in the resource-rich region of...

In a significant fiscal development, the Federal Government of Nigeria has successfully saved approximately N1.45 trillion from the removal of...