Economy

The House of Representatives has formed a special committee to examine complaints about heavy tax withholdings from the pay of...

The Central Bank of Nigeria (CBN) has strongly rejected claims that it released $1.269 billion in foreign currency to oil...

Nigeria’s Federal Inland Revenue Service (FIRS) has rolled out a new mandate requiring financial intermediaries—including banks and brokerage firms—to withhold...

Nigeria’s crude oil output fell short by approximately 93.74 million barrels from January to August 2025, resulting in a revenue...

Foreign capital entering Nigeria’s equity market through portfolio investments jumped 845.9% over two years, reaching N1.03 trillion as of September...

The Central Bank of Nigeria (CBN) allocated $1.26 billion to facilitate the importation of petroleum products and related goods in...

The Central Bank of Nigeria (CBN) has committed to building on its recent financial reforms to ensure sustained compliance, innovation,...

The Nigerian naira has experienced a notable rally, bolstered by a surge in foreign exchange reserves to $43.05 billion and...

Nigeria, Africa’s largest oil producer, imported approximately 15 billion litres of Premium Motor Spirit (PMS), commonly known as petrol, between...

The Nigerian Exchange Limited (NGX) continued its positive run on Wednesday, with investors seeing a substantial gain of N1.45 trillion,...