Economy

The naira rebounded yesterday to N742/$ in the Investors and Exporters (I&E) Window- official market. The rate represents N53/$ gain...

A group of Point of Sales operators in Nigeria have protested against the increased service charges in the country which...

Nigeria’s grave fiscal position for the 2022 financial year became clearer yesterday, as latest data showed that of N4.26 trillion...

Despite a decline in capital inflows into the country in the first quarter of 2023 compared to the figure recorded...

Amid recent bullish sentiments in Nigeria’s stock market, the Board and Management of Nigerian Exchange Group Plc (NGX Group) have...

The banking index led the loser’s chart at the end of last week’s transactions on the equities sector of the...

HE Federal Government, on Thursday, announced that the 11 power distribution companies in Nigeria have applied for the review of their...

The naira depreciated to N800 per dollar, the lowest in nine months, following increased demand for the greenback at the...

The Chief Commercial Officer of Vertex group, Shitij Taneja, has said Nigeria will be one of the leading technology hubs...

The Federal Government, on Tuesday, raised concern over the performance of the Value Added Tax in Nigeria as the lowest...

Many clearing agents that were operating at the borders have dumped land borders after former President, Muhammadu Buhari ordered the...

Nigeria’s equities market witnessed one of the highest one-day gains in 2023 as investors consolidated on the recent market rally...

Nigeria currently accounts for 33 per cent of the total gas reserves in Africa, the Federal Government said on Monday....

The volume of Premium Motor Spirit, popularly called petrol, that was consumed across the country in the first half of...

The Bank of America has said the Monetary Policy Committee of the Central Bank may need to increase interest rates...

As apprehension over the anticipated 40 percent increase in electricity tariff persists, the Chief Executive Officer of PowerCap Limited, Mr....

Purchasing power of Nigerians dropped in June 2023, as the effects of the fuel subsidy removal and rising inflation continue...

Nigeria’s external reserves fell by $2.85bn in the first half of 2023 due to external debt finance among other challenges,...

The Federal Government has saved about N400bn due to the removal of subsidy on Premium Motor Spirit, popularly called petrol,...

The Debt Management Office (DMO) has said the total public debt stock of Nigeria as of March was N49.95 trillion...

European stock markets fell at the start of trading on Monday following a drop in Tokyo, as traders tracked the...

Following political uncertainty, low return on investment amid double-digit inflation among, other factors, domestic and foreign investors' portfolio transactions on...

Following losses in Okomuoil and 30 stocks, the equities market reversed three sessions of gains to close on a downturn...