Economy

Nigeria’s crude oil production, including condensates, recorded a 4% month-on-month increase, reaching 1.737 million barrels per day (bpd) in January...

The National Assembly on Thursday passed the 2025 Appropriation Bill, approving a record N54.99 trillion budget. The budget allocates N14.32...

The Nigerian Senate has officially passed the 2025 Appropriation Bill, approving a record-breaking budget of N54.99 trillion on Thursday. This...

In a significant development, Nigerian banks’ borrowing from the Central Bank of Nigeria (CBN) surged by 395.2% week-on-week (WoW) to...

The Nigerian naira extended its decline midweek, weakening further against the US dollar in both the parallel and official foreign...

The Nigeria Customs Service (NCS) has announced the suspension of the planned 4% Free-on-Board (FOB) charge on imports, as stipulated...

Zenith Bank Plc has successfully listed an additional 9.67 billion ordinary shares on the Nigerian Exchange Limited (NGX), following the...

Nigeria’s non-oil export sector recorded significant growth in 2024, reaching a total value of $5.45 billion, representing a 20.7% increase...

The total personnel costs allocated for salaries and allowances by state governments in Nigeria have seen a dramatic increase, rising...

The Central Bank of Nigeria (CBN) has announced the postponement of its first Monetary Policy Committee (MPC) meeting for 2025,...