FG suspends planned subsidy removal indefinitely

The Federal Government of Nigeria has suspended the planned removal of subsidy on petroleum products till…

Economy: Nigeria’s forex inflow increases

Foreign exchange inflow to the Nigerian economy improved in the third quarter of 2021, with a…

Foodies Lekki to open branches in Ikoyi, Ikeja, other locations

Foodies Lekki has said it plans to expand operations by opening more branches in prime locations…

Just In: President Buhari appoints Doyin Salami chief economic adviser

President Muhammadu Buhari has appointed Dr Doyin Salami, his Chief Economic Adviser. Salami, 59, has been…

FCCPC committee to shut down illegal money lending businesses

The joint committee tackling violation of consumer rights in the money lending industry will shut down…

Nigeria’s green bond market exceeds N55bn mark in 4 yrs

The Nigerian Exchange (NGX) says the value of the country’s green bonds market has grown to…

N4.4trn debt: Prominent Nigerians delaying AMCON’s recovery effort – Senate

Sen. Uba Sani, Chairman, Senate Committee on Banking, Insurance and other Financial Institutions has decried that…

Wema Bank Signs Davido as Brand Ambassador

Nigeria‘s leading digitally-driven financial institution, Wema Bank today announced the signing of Davido as Brand Ambassador for its digital bank, ALAT By Wema. The…

CBN to check possible e-Naira hackers

The Central Bank of Nigeria (CBN) has assured that it has put in place effective mechanisms…

Nigerian economic diversification on course – VP Osinbajo

Nigeria’s Vice President, Yemi Osinbajo has said focusing on non-oil exports, with the Zero-Oil Plan actively…

Nigerian Stock Market extends losing streak by N71bn

The Nigerian stock market extended its losing streak on Thursday by 0.32 per cent due to…

Nigeria’s non-oil revenue grew by 15.7% — Finance Minister

Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, has said that Nigeria’s non-oil revenue grew…

Economic Growth: CBN tells FG to boost infrastructure investment

The Central Bank of Nigeria (CBN) has urged the Federal Government to prioritise investment in infrastructure…

Counterfeit Naira notes drop to 13 pieces per one million

The Central Bank of Nigeria (CBN) said counterfeit Naira notes in Nigeria dropped 20.80 per cent…

VAT falls, statutory revenue up as FG, States, councils share N739.9B

The Federation Accounts Allocation Committee (FAAC) has shared to the three tiers of government, N739.965 billion…

E-Naira, Here Are Six Things You Should Know

In June 2021, the Central Bank of Nigeria (CBN) announced plans to launch a digital currency…

Investment Conference: Dangote, Tinubu, Leo-Stan Ekeh in Buhari’s team to Riyadh

Nigeria’s businessmen such as Aliko Dangote, Wale Tinubu, Leo Stan-Ekeh, Alhaji Abdulsamad Rabiu are on President…

CBN supports healthcare sector with N200bn to drive economic recovery

Mr. Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), said on Friday that the…

FDI: Bello attracts foreign investors to Niger at Africa forum

As part of its aggressive foreign direct investment (FDI) campaign, the administration of Governor Abubakar Bello…

Fuel scarcity looms as NUPENG announces date for nationwide strike

The National Union of Petroleum and Natural Gas Workers (NUPENG) has said its Petroleum Tanker Drivers…

Oil will still be in high demand till 2045: Sylva

The Minister of State for Petroleum Resources, Chief Timipre Sylva, said Nigeria is focused on developing…

Dangote Cement, MTN, GTBank, Pay Highest Income Tax

Dangote Cement Plc has emerged as the highest corporate income taxpayer and the biggest employer of…

Oil prices surpass $83 on, its highest since 2018

Oil prices hit a multi-year high on Wednesday above $83 a barrel, its highest level since…

Incentives: FG approves zero import duty for vessels

Nigeria’s Federal Government has approved zero import duty for ship owners to acquire vessels, Dr Bashir…

Nigeria battles to revive ailing oil palm sector

Standing beside the piles of dark red palm fruits ready for crushing for their essence, Nigerian…

Why CBN postponed eNaira launch on October 1

The Central Bank of Nigeria (CBN), announced the postponement of its Central Bank Digital Currency (CBDC),…

Foreign investors rush Nigeria’s Eurobond, oversubscribe four times

In a clear vote of confidence in Nigeria’s economy, the country raised $4 billion via a…

FG’s mass metering programme targets 500,000 jobs

A power expert, Mr Kola Balogun, said the Phase One of the National Mass Metering Programme…

Why Nigeria’s Foreign Exchange will continue to decline – Edo Governor

Edo State Governor, Mr. Godwin Obaseki, has explained why Nigeria’s dwindling foreign exchange will continue to…

IMF allocates $650B SDRs, biggest in history

The International Monetary Fund (IMF) announced on Monday that its new allocation of Special Drawing Rights…