Economy

Nigerian blue-chip companies experienced a dramatic rise in interest costs in 2024, with ten major firms collectively spending over N1.42...

The President of the African Development Bank (AfDB), Dr. Akinwumi Adesina, has expressed strong disapproval over the minimal share Africa...

Despite significant efforts by the Central Bank of Nigeria (CBN) to defend the naira, the local currency weakened further in...

The Nigerian Exchange (NGX) ended the week on a bearish note, with investors recording a combined loss of ₦370 billion...

Nigeria’s total public debt has climbed to ₦144.67 trillion ($94.23 billion) as of December 31, 2024, marking a steep 48.58%...

In a strategic effort to support Nigeria’s foreign exchange (FX) market, the Central Bank of Nigeria (CBN) has disbursed $197.71...

The World Bank has approved a significant $1.08 billion in concessional financing to support Nigeria’s education, nutrition, and economic resilience...

In a major shift in U.S. trade policy, President Donald Trump has introduced a 14% tariff on Nigerian exports to...

The Central Bank of Nigeria (CBN) has revealed a significant rise in the nation’s Net Foreign Exchange Reserves (NFER), reaching...

The Central Bank of Nigeria (CBN) has announced a significant rise in Nigeria’s Net Foreign Exchange Reserves (NFER), which reached...