Economy

The Dangote Petroleum Refinery has attributed recent reductions in petrol prices to the Federal Government’s naira-for-crude initiative, stating that the...

The Central Bank of Nigeria (CBN) has reaffirmed the strength and safety of the nation’s banking sector, dispelling concerns sparked...

Nigeria’s downstream oil sector is facing renewed tension as independent fuel marketers ramp up petrol imports worth over ₦436 billion...

The Central Bank of Nigeria (CBN) has significantly scaled back its lending to the Federal Government, slashing net loans and...

Nigeria’s inflation rate eased slightly in April 2025, with the National Bureau of Statistics (NBS) reporting a year-on-year rate of...

The Central Bank of Nigeria (CBN), in partnership with the Nigeria Inter-Bank Settlement System (NIBSS), has unveiled a new digital...

The World Bank has projected that Nigeria’s inflation rate will average 22.1% in 2025, as the Central Bank of Nigeria...

The Nigerian naira remained under pressure in the parallel market, trading around N1,620.25/$ as demand for the U.S. dollar continued...

The World Bank has expressed doubts about Nigeria’s N54.99 trillion federal budget for 2025, calling it highly ambitious and warning...

The World Bank has projected that Nigeria’s inflation rate will average 22.1% in 2025, as recent monetary policy measures begin...