Economy

In a significant move, the Nigerian Senate has passed an amendment to the 2023 Finance Act, increasing the windfall levy...

Tesla Inc. reported a significant decline in automotive revenue and earnings for the second quarter of 2024, falling short of...

The Central Bank of Nigeria (CBN) has introduced new regulations to facilitate the recovery of funds from dormant accounts. These...

Nigeria's external reserves have reached $37.05 billion as of July 18, 2024, according to the Governor of the Central Bank...

The Central Bank of Nigeria (CBN) has raised the interest rate by 50 basis points, bringing it to 26.75%. This...

The Nigerian currency, the naira, experienced mixed performance against various foreign currencies in the parallel and official markets recently. On...

The Central Bank of Nigeria (CBN) has reported a significant increase in foreign exchange inflows through International Money Transfer Operators...

Yobe State is arguably the most arid state in Nigeria as its northern tip is in the Sahel savannah, which...

In a surprising move, the People's Bank of China (PBOC) has slashed its key short-term policy rate and benchmark lending...

Ogun is one state in Nigeria that is capitalizing on its strategic location. Currently, about 90% of the foreign direct...