VP Osinbajo, Okonkwo at the commissioning of the Techno Oil LPG Cylinder Manufacturing Plant

Naira Appreciates to N1,514/$1 at Parallel Market, Gains N11 in One Day

The Nigerian naira continued its strong performance, appreciating by N11 or 0.72%...

Nigeria’s Inflation Rate Drops to 24.48% in January 2025

Nigeria’s National Bureau of Statistics (NBS) has reported a significant drop in...

CBN Gov. Cardoso Reaffirms Commitment to Digitalization, Financial Inclusion

The Governor of the Central Bank of Nigeria (CBN), Dr. Olayemi Cardoso,...

FBN Holdings Transitions to First HoldCo Plc, Unveils New Identity

FBN Holdings Plc has officially announced its transition to First HoldCo Plc,...

Nigeria Partners Google to Harness AI for Digital Economic Growth

Nigeria is exploring a strategic partnership with Google to advance artificial intelligence...

Nigeria Sees Significant Growth in Non-Oil Exports, Reaching $5.45 Billion in 2024

Nigeria’s non-oil exports have seen a significant boost, reaching $5.45 billion in...

Naira Firms Up at N1,520/$ on Parallel Market Amidst Strengthening Fundamentals

The Nigerian naira has reached its strongest level in the unofficial market...

Nigeria’s business sector sees uptick in January, indicating economic recovery

Nigerian businesses kicked off in the new year on a positive note,...

CBN Reschedules Monetary Policy Committee Meeting for February 18-19

The Central Bank of Nigeria (CBN) has announced a new date for...

Nigeria’s Average Income Plummets to $835.49, Exacerbating Cost-of-Living Crisis – IMF

Nigeria’s economic problems have deepened, with the average income per person dropping...

Nigeria’s Treasury Bills Auction Sees Strong Demand for 364-Day Tenor

The Central Bank of Nigeria (CBN) has released the results of its...

Tony Elumelu at Florida conference: Africa will not rise by chance but by deliberate action, challenging the status quo, creating the future it deserves

“In 2015, we committed that USD100million to identify, train and fund the...

Naira Strengthens to 8-Month High, Gains N20.67 Against Dollar

The Nigerian naira continued its stability on Monday, fueled by reduced demand...

CBN Extends Deadline for BDCs to Access Forex Market Until May 30

The Central Bank of Nigeria (CBN) has granted eligible Bureau de Change...

Nigeria’s Electronic Payment Transactions Hit Unprecedented N1.07 Quadrillion in 2024

Nigeria’s electronic payment transactions have reached an all-time high, hitting N1.07 quadrillion...

The Day in Pictures: Highlights from the Chinese Lunar New Year Celebration in Abuja with the Chinese Ambassador to Nigeria and Permanent Secretary, Federal Ministry of Arts, Culture, Tourism and Creative Economy, amongst other dignitaries in attendance

Just in: Nigerian Telecom Users to Pay More as NCC Approves 50% Tariff Hike

The Nigerian Communications Commission (NCC) has granted telecom operators’ request to adjust...

Nigeria’s inflation rate rises to 34.80% in December 2024 up from 33.60%

Nigeria’s inflation rate rose to 34.80 percent in December 2024, up from...

Transactions with GHL: FirstBank dispels misleading reports, reaffirms commitment to excellent, standard banking services

First Bank of Nigeria Limited (FirstBank) has distanced itself from a recent...

Nigeria’s Economy Soars as Customs Records N196.94trn Trade Value in 2024

The Nigeria Customs Service (NCS) has achieved a remarkable milestone, recording a...