Analysts at Comercio Partners has projected that Nigeria’s currently competitive foreign exchange (FX) market that encourages export and discourages import would enable the country to record 70 per ce...
President Bola Tinubu has sought the approval of the Senate for the Federal Capital Territory Administration’s 2025Appropriation Bill. Mr Tinubu’s request is contained in a letter addressed to the Sen...
After shopping at a nearby grocery store, a mother of three was shocked when an attendant shoved her items to a corner to attend to another customer. The rude attendant returned the woman’s ATM card, ...
The Nigerian pension industry has committed a total sum of ₦5.51 trillion to asset classes that support long-term financing for real sector growth. These investments span infrastructure, private equit...
In a bold step to integrate sustainability into Nigeria’s economic framework, the Federal Government has committed to fully operationalising the Climate Change Fund—a pivotal financial vehicle aimed a...
The naira depreciated by 2.4 per cent and 2.6 per cent in March at both the Nigerian Autonomous Foreign Exchange Market window and the parallel market compared to the previous month. According to the ...
This comes almost a week after President Donald Trump announced sweeping tariffs on goods entering the US, with Nigeria getting 14 percent. In a post on X on Monday, the USTR highlighted what it descr...
The Presidential Compressed Natural Gas Initiative (PCNGi) said it has secured over $491 million in private sector investment to boost the country’s Compressed Natural Gas (CNG) initiative t...
Six major Nigerian banks spent ₦268.7 billion ($171.5 million) on IT infrastructure and tech-related services in 2024, owing largely to core banking system upgrades, underscoring how growing competiti...
Nigeria spent a total of N13.12tn on debt servicing in 2024, representing a 68 per cent increase from the N7.8tn recorded in the previous year, according to an analysis of fresh data from the Debt Man...
