Economy

In a startling development, Benjamin Fakunle, the outgoing Finance Director at the Central Bank of Nigeria (CBN), has been apprehended...

In the wake of Nigeria's landmark decision to remove fuel subsidies, the country's petrol imports have seen a significant decline...

In a shocking turn of events, Nigeria was plunged into darkness as the national power grid experienced a complete collapse...

The International Monetary Fund (IMF) has revealed that the world's two largest economies, the United States and China, collectively account...

In a significant development that is poised to have far-reaching economic consequences, the Acting Comptroller-General of the Nigeria Customs Service,...

Just one week after orchestrating a nationwide two-day warning strike, the organized labor, represented by the Nigeria Labour Congress (NLC),...

Rice prices have surged to a 15-year high, sounding an alarm on the vulnerability of food supplies to climate change,...

After a 12-day assessment of Nigeria's aviation sector, the International Civil Aviation Organization (ICAO) has released its initial report on...

Nigeria's complex tax landscape, burdened by over 60 different forms of taxes and levies, is set for a major overhaul,...

Central Bank of Nigeria (CBN) issued a directive on Monday, instructing commercial banks to refrain from utilizing their foreign exchange...