Economy

Nigeria's expenditure on foreign debt servicing has skyrocketed by 107.7% within the first eight months of 2024, reaching N3.8 trillion,...

Foreign investments in the Nigerian Exchange Limited (NGX) hit a record low of ₦11.26 billion in September 2024, marking the...

The Nigerian naira has hit a multi-week low, failing to sustain its ₦1,650/$ support level in the official market. At...

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...