Economy

In a significant development aimed at bolstering the Nigerian naira, the Nigerian National Petroleum Company (NNPC) Limited and the African...

In a significant turn of events, the Nigerian naira experienced a notable appreciation in the Peer-to-Peer (P2P) market as it...

In a recent development, Seplat Energy disclosed that a tragic incident involving its drilling rig in Delta State resulted in...

In a concerning economic development, Nigeria's headline inflation rate surged to 24.08% in July 2023, up from 22.79% in June...

The month of July 2023 marked a significant uptick in the headline inflation rate, as the figure surged to 24.08%,...

In response to the recent decline of the naira on the black market, the Central Bank of Nigeria (CBN) has...

The foreign exchange crisis in Nigeria, coupled with the recent enforcement of a 7.5 percent Value Added Tax (VAT) on...

The struggling oil and gas sector in Nigeria has encountered another blow as the country's crude oil production dipped to...

In the ongoing efforts to address the financial obligations of the Nigerian government, the administration led by President Bola Tinubu...

The Central Bank of Nigeria (CBN) has issued a stern warning to commercial banks involved in unauthorized foreign exchange (forex)...