Economy

The persistent scarcity of foreign exchange (FX) has compelled Nigerian manufacturers to increasingly source raw materials locally, according to a...

Nigeria's Vice President, Kashim Shettima, announced a significant boost in the country’s external trade balance, which reached N6.5 trillion in...

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has reached an agreement with the Dangote Petroleum Refinery to buy petrol...

Businesses across Nigeria are showing reduced confidence in the country's economic outlook, according to the latest Business Expectations Survey (BES)...

The Nigerian National Petroleum Company Limited (NNPC) has unveiled plans to establish 12 new Compressed Natural Gas (CNG) and mini-Liquefied...

Bilateral trade between Nigeria and China has surged to $15.1 billion from January to September 2024, marking a significant economic...

Nigeria has seen a significant surge in Foreign Portfolio Investment (FPI) inflows in the first nine months of 2024, driven...

The domestic debt of Nigeria's 36 states and the Federal Capital Territory (FCT) increased by N198.96 billion within the last...

The Nigerian naira has dropped to N1,740 per dollar in the parallel market, a decline from the rate of N1,725...

Nigeria’s fiscal deficit has soared to 7.6% of GDP as of August 2024, far surpassing the initially approved target of...