Economy

The country’s total direct remittances dropped by $119.4m to $130.12m as of January 2022 from $249.52m as of December 2021,...

The World Bank has said that Nigeria and nine other countries account for 75 per cent of global gas flaring....

The trade volume between the European Union and Nigeria has increased by 25.8 per cent to peak at €28.7bn in...

There are indications Nigerians will be able to leverage eNaira for investment purposes in the near future even though the...

The Euro 4 Premium Motor Spirit (PMS) will continue to be the benchmarked Nigerian standard for PMS, the Nigerian Midstream...

…says oil producers lack the capacity to replace Russian supply The Organisation of Petroleum Exporting Countries has revised the demand...

Parthian Securities’ analysts have predicted that the Nigerian equities market will remain positive due to the increased participation of domestic...

THE cost of powering telecommunication services with diesel has jumped by at least 233.33 per cent in recent months to...

The revenue to come to the Federal Government and Lagos State Government from the Lekki Deep Seaport located at the...

As deposit money banks (DMBs) in Nigeria strive to boost their Non-Interest Income, a total of 10 banks in the first...

The United Nations Economic Commission for Africa (UNECA) has emphasized the need for trade data to incorporate informal trade in...

THE Nigerian Export Promotion Council is targeting Ivory Coast to expand the country’s non-oil exports and boost foreign exchange earnings....

THE National Pension Commission is investigating the nation’s Pension Fund Administrators' evidence of meeting its new capital requirements ahead of...

The International Monetary Fund has said Nigeria may not benefit from rising oil prices if the government doesn’t restrain the...

Insists FX reform is a necessary route to achieving stability ‘Africa faces new shock, lack sufficient space for maneuvering’ The...

Stakeholders in the financial and agricultural value chain, yesterday in Abuja, disclosed a fresh move aimed at addressing the growing...

•Partner PAU to roll out on media innovation programme MTN has revealed its readiness to roll out the fifth-generation (5G)...

Nigeria and the United Kingdom (UK) have restated commitment to removing bilateral trade barriers between the two countries. They also...

Rentit, a digital technology company that enables seamless peer-to-peer (P2P) rental services has reaffirmed its commitment to reducing carbon footprint...

• Contribution to GDP shrinks by 3.5% The Development Bank of Nigeria (DBN) has granted N482 billion in facilities to micro,...

Vice President Yemi Osinbajo has said that the non-oil sector growth recorded recently indicates the country’s growing resilience as well...