The steady appreciation of the naira was as a result of about $8 billion the federal government spent to keep it up to its current levels, Bismarck Rewane, the MD/CEO of Lagos-based Financial Derivati...
Nigeria’s broad money supply (M3) rose to N110.98tn in January 2025, representing a 17.3 per cent year-on-year increase from N94.61tn recorded in January 2024. The latest figures, sourced from the Cen...
The Nigerian Export Promotion Council (NEPC) recently reported that the nation earned N9.65 trillion from non-oil exports in 2024, representing a rise from N3.14 trillion recorded in 2023. In naira te...
With zero foreign investment in early 2023, to billions pledged by year’s end – what lies behind the country’s dramatic offshore turnaround, and what are the challenges? The languishing oil sector in&...
Mohammed Idris, the minister of information and national orientation, has advocated for a more relaxed visa policy to facilitate Nigerian companies in setting up factories and businesses overseas. Thi...
China will marginally remain the largest source of growth, even as the pace of its expansion is a fraction of recent trends. Global oil demand growth is projected to average 1.1 million barrels per da...
Nigeria’s 2025 budget both federal and state governments combined when analysed based on budget per capita amounts to $0.63, way lower than the average $2.15 per day marked by the World Bank for peopl...
The European Union (EU) and the University of Agriculture and Environmental Sciences (UAES) Umuagwo, have expressed commitment to food sustainability and digitalization of agriculture in Nigeria and o...
A report from the Central Bank of Nigeria (CBN) has indicated that Nigeria’s economic activities expanded for the second consecutive month. The composite Purchasing Managers’ Index (PMI) for January 2...
The President of Dangote Group, Aliko Dangote, has reaffirmed the conglomerate’s commitment to ending raw sugar importation in Nigeria with an investment exceeding $700 million in sugar production. Da...
