Economy

A recent Court of Appeal ruling in Lagos has disclosed that Godwin Emefiele, former Governor of the Central Bank of...

The Central Bank of Nigeria (CBN) has initiated a gradual rollback of forbearance measures introduced during the COVID-19 pandemic, signaling...

Nigeria recorded a significant trade surplus of N5.17 trillion in the first quarter of 2025 (Q1’25), marking a 52% increase...

The Organised Private Sector (OPS) and oil marketers have called for the immediate privatization of Nigeria’s state-owned refineries following the...

The Federal Ministry of Finance has dismissed reports claiming the collapse of a proposed $5 billion crude oil-backed loan involving...

Three promoters of the collapsed Crypto Bridge Exchange (CBEX), implicated in an alleged $1 billion fraudulent cryptocurrency scheme, have requested...

The Central Bank of Nigeria (CBN) has categorically dismissed reports suggesting an extension of the recapitalisation deadline for Bureau De...

The global economy is on course for its slowest growth since the 2008 financial crisis—excluding recession years—due to intensifying trade...

The Nigeria Deposit Insurance Commission (NDIC) has started distributing liquidation dividends to creditors of Premier Commercial Bank, which was closed...

Negotiations between Nigeria and Saudi oil giant Aramco over a $5 billion oil-backed loan have stalled, as falling global crude...