Economy

Nigeria’s leading listed companies are facing a financial bind, with sharply rising interest expenses despite efforts to reduce debt, driven...

Nigeria’s Federal Government has imposed a fivefold hike in minimum capital requirements for insurance companies, setting a 12-month deadline for...

The Central Bank of Nigeria (CBN) hosted its inaugural financial services fair in Lagos, emphasizing the adoption of alternative payment...

The World Bank has greenlit a $300 million loan to bolster resilience and improve access to essential services for approximately...

Nigeria’s leading indigenous oil and gas companies—Seplat Energy Plc, Oando Plc, and Aradel Holdings Plc—achieved a combined crude oil output...

The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has accused Nigerian National Petroleum Company Limited (NNPC) Group Chief...

The Nigerian Exchange Limited (NGX) kicked off the week with a bullish performance, driven by robust gains in the banking...

Nigeria’s non-oil exports reached $3.225 billion in the first half of 2025, marking a 19.59% increase from $2.696 billion in...

The Nigerian insurance sector has emerged as a standout performer in 2025, with the NGX Insurance Index soaring 74.18% year-to-date,...

Nigerian crude prices remained nearly flat, with Bonny Light ending a six-day decline at $68.85 per barrel, as oil traders...