The federal government is banking on increased agricultural production, not price controls, to bring down rising food costs across Nigeria, Information Minister Mohammed Idris announced Tuesday in Abu...
The Africa Energy Bank aims to finance oil and gas projects while supporting Africa’s energy transition, with an ambitious target of reaching a $120 billion asset base. Initially expected to commence ...
Vice President Kashim Shettima on Monday inaugurated the Presidential Committee on Economic and Financial Inclusion (PreCEFI) as part of the Federal Government’s commitment to achieving a trillion-dol...
The United States is expected to boost coal exports to India after China imposed tariffs on energy imports from the U.S., five industry officials said, potentially eroding Australia and Russia’s...
The Central Bank of Nigeria (CBN) has announced a new date for the 299th meeting of its Monetary Policy Committee (MPC), shifting it from the initially scheduled February 17 and 18, 2025, to February ...
Financial experts have warned that implementing the four per cent Free-On-Board (FOB) levy on imports would exacerbate inflation in the country. The Nigeria Customs Service (NCS) on February 5 announc...
Stock futures rose early Monday, as investors braced for a data-packed week ahead and eyed news that President Donald Trump may announce a new round of tariffs. Futures tied to the Dow Jones Indu...
TINUBU ASKS N’ASSEMBLY TO INCREASE 2025 BUDGET FROM N49TRN to N54TRN President Bola Tinubu has asked the national assembly to increase the proposed 2025 budget to N54.2 trillion. Tinubu init...
Oando Plc, one of Africa’s leading indigenous energy provider’s has seen its finance costs become elevated due to the central bank’s rate-hike campaign amid a weak profit margin. And perhaps more worr...
The Nigerian Ports Authority (NPA) has announced a 15% upward review of its port charges, citing the need for competitiveness and infrastructural development. This marks the first tariff adjustment by...
