Economy

The Central Bank of Nigeria (CBN) has mandated commercial banks, including Access Bank, Zenith, UBA, and others, to take charge...

Nigeria's crude oil production witnessed a decline to 1.4 million barrels per day in November 2023, according to data released...

Recent data from the Central Bank of Nigeria (CBN) has revealed a significant drop of $520.22 million in the country's...

In a stark illustration of the economic challenges facing Nigeria, the Federal Government's budget has seen a significant surge in...

In response to the growing concerns over reported shortages of naira notes in the country, the Central Bank of Nigeria...

In a groundbreaking development, the Dangote Refinery, poised to become Africa's largest oil processing facility, is projected to generate an...

Embarking on a feature journey through Nigeria's economic landscape, we unravel the highs, lows, and the intriguing twists that defined...

In a groundbreaking development, Ecobank Transnational Incorporated (ETI), the Lomé-based parent company of the Ecobank Group, has successfully secured a...

Lawmakers in the House of Representatives made a bold move on Friday by rejecting the representatives of key government agencies—...

In a significant development, the first crude feedstock for Dangote's monumental 650,000 barrels per day (b/d) refinery has arrived in...