Economy

A report by Agusto & Co, has predicted growth in Nigerian Electricity Supply Industry in the short term. It attributed...

Rising oil thefts and workers’ strikes have led to a huge drop in Nigeria’s oil production output, culminating in the...

The hike in the Monetary Policy Rate (MPR) by the Central Bank of Nigeria (CBN) in an effort to tackle...

Nigeria’s oil and condensate reserves fell by 0.22 percent in January 2022 to 36.966 billion barrels in January 2023. Chief...

The Federal Government spent $112.35m servicing external debt in January 2023, according to findings by The PUNCH. Data from the...

The Central Bank of Nigeria (CBN) yesterday released a new guideline for exporters repatriating export proceeds under a rebate scheme....

Nigerian banks are expanding their reach across the continent through a series of acquisitions of smaller banks, in a drive...

The World Bank has disclosed that Nigeria and other metals and mineral resource-rich countries in Sub-Saharan Africa can double revenues...

Nigeria has long-standing trade relations with the United States. Numerous factors have affected these relations, including political instability, currency fluctuations,...

Nigeria’s oil production is currently lower than its technical allowable capacity by about one million barrels per day, the Federal...

The Central Bank of Nigeria(CBN) said, $1.7 billion had been repatriated into the Nigerian economy in the first three months...

With the Monetary Policy Rate (MPR) currently at 18 percent, a total of 10 banks spent N542.8billion on customers’ deposits...

Agusto's report compares Nigeria, SA, US, UK 17 of 25 firms have male-dominated boards Only 32% of firms with 30%...

Nigerian firms scored 25% on average diversity  The Gender Diversity in Corporate Leadership report released by Agusto Consulting yesterday has...

Nigeria’s crude oil output dropped by 38,102 barrels per day in March, translating to a cumulative loss of about 1,181,162...

The new tax law captured in the 2023 Fiscal Policy measures and was recently introduced by the federal government, has...

Following the hike in the Monetary Policy Rate (MPR) to 18 percent by the Central Bank of Nigeria (CBN), the...

The securitization of the Federal Government’s N23.7 trillion Ways and Means may trigger stronger macroeconomic headwinds, with extensive repercussions on...

Petrol consumers may pay about N8.4tn for Premium Motor Spirit, popularly called petrol, between July and December 2023 once the...

The foreign exchange (FX) market closed on Thursday with naira reporting a marginal gain of 0.03 percent over the United...

The top ten commercial banks listed on the Nigerian Exchange Limited (NGX) paid N260.3 billion as Company income tax (CIT) in 2022,...

The cash crunch experienced in the country in the wake of the Central Bank of Nigeria’s naira redesign policy induce...