Economy

The exchange rate between the Nigerian naira and the US dollar fell to a four-month low of N1,611 on the...

WhatsApp and Meta Platforms Inc. have formally appealed a $220 million fine imposed by Nigeria's Federal Competition and Consumer Protection...

The Central Bank of Nigeria (CBN) has announced a new policy clarifying that only accounts inactive for over ten years...

Nicknamed the Pearl of Tourism because of its natural beauty and the cleanliness of its cities, Bauchi State was created...

Nigeria's imported food inflation rate surged to 36.38% in June 2024, marking a 1.55 percentage point increase from May's 34.83%,...

In a recent development, the federal government has firmly denied claims that it is subsidizing the landing cost of refined...

In response to growing calls for anti-hunger protests, President Bola Tinubu held a series of emergency meetings with All Progressives...

The federal government of Nigeria has unveiled plans to issue $500 million in domestic dollar-denominated bonds within the next three...

The Nigerian naira has experienced further depreciation, closing at N1,603.80/$1 on the Nigerian Autonomous Foreign Exchange Market (NAFEM) window on...

In the first quarter of 2024, Nigerians spent $38.17 million on foreign education, representing an 83% decrease from the $218.87...