Pan-African multilateral trade finance institution, the African Export-Import Bank (Afreximbank), has signed a Memorandum of Understanding (MoU) with
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The Consumer Price Index rose to 16.82 percent in April from 15.92 percent in March, the latest figures from the National Bureau of Statistics (NBS) h
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The dollar exchanged at N600 on Monday at the parallel market, heightening fears of a further devaluation of the nation’s currency. However, the
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The Lagos Free Zone has signed a gas contract worth over N10bn with Falcon Corporation, ND Western, and the FHN consortium. The gas infrastructure dev
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The Economic and Financial Crimes Commission (EFCC), on Monday, May 16, 2022, arrested Ahmed Idris, the Accountant-General of the Federation. In a sta
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Renowned economy and management expert, Pat Utomi has expressed an opinion that the inability of the government to diversity Nigeria’s economy c
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In a move to raise local funds to finance the N6.26 trillion 2022 budget debt, the federal government has borrowed N984.28 billion through FGN bonds b
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TotalEnergies EP Nigeria Limited has invested almost $30 billion in Nigeria’s oil and gas sector within eight years. The company has m
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Nigerian car owners and automobile technicians are now experiencing an increment in the prices of spare parts in the country – no thanks to the
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In spite of the ban on cryptocurrency exchanges in Nigeria, the Securities and Exchange Commission (SEC) has released a set of new guidelines that giv
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The Development Bank of Nigeria (DBN) has approved the disbursement of N1.6bn to LivingTrust Mortgage Bank Plc for on-lending to Micro Small and Mediu
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According to the World Bank, the conflict in Ukraine has thrown a big wrench into commodities markets, causing global patterns of trade, production, a
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Nigerian medical and tech professionals, who have relocated abroad for greener pastures, have revealed that unfavourable working environments, alarmin
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Emirates Airlines has joined a growing list of companies set to accept Bitcoin as a payment option. The company’s Chief Operating Officer, Adel Al-Red
Read MoreAs dollar to naira continues to be unstable, the Association of Bureaux De Change Operators of Nigeria (ABCON) has demanded from the Central Bank of N
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In response to economic challenges created by the global pandemic and the Russia-Ukraine conflict, Africa Finance Corporation (AFC) is launching a US$
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MARA, a Pan-African crypto exchange, launched yesterday and announced $23 million in funding from Coinbase Ventures, Alameda Research (FTX), Distribut
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President Muhammadu Buhari, on Friday, May 13, 2022, met with Rotimi Amaechi, the Minister of Transportation, and other outgoing members of his cabine
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MTN Nigeria set aside N174.53 billion as dividend to its shareholders whose names appeared in the Company’s Register of Members on Wednesday, April 6,
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The Federal Government has launched the Nigeria Internal Security and Public Safety Alerts System (NISPSAS) mobile application for sending alerts to s
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