Economy

Mastercard Foundation and Nourishing Africa, Entrepreneur Support Programme (ESP) have partnered to train over 1,000 young Nigerian agri-food entrepreneurs to...

Banks borrowing from the Central Bank of Nigeria (CBN) dropped marginally by 0.45 per cent to N1.35 trillion in the...

The total assets of Nigeria’s microfinance banks increased to N1.35tn by the end of September 2021, from N856.3bn recorded in...

Between 2016 and 2021 Nigeria’s import bill rose from N8.73tn to N20.84tn, according to the Central Bank of Nigeria and...

The Nigeria Economic Zones Association has expressed concern over the increased movement of oil tankers in the Lekki axis of...

With limited capacity to build reserves via deadweight tonnage of tanker fleets through Very Large Crude Carriers (VLCC), the Federal...

Worsening insecurity in the country may aggravate Nigeria’s capacity to attract and retain new investments, as investors evaluate their risks,...

The Bank of Industry has said it plans to raise $10bn from foreign investors to improve the nation’s real sector....

A global forex trading platform, TradelandFX, which recently entered the Nigerian finance space, has disclosed plans to create at least...

Economic experts and financial analysts have predicted a further depreciation of the naira, while also forecasting that the country’s Gross...

Visa, a global leader in digital payments, is collaborating with the Bantu Blockchain Foundation (Bantu), custodians of the Bantu Blockchain...

The Federal Government has ordered telecoms operators to bar outgoing calls on all unlinked Subscriber Identification Modules (SIM) cards in...

A London-based petroleum and energy market information provider, Argus, has said Nigeria must improve its refining capacity by having at...

Managing Director of Pinnacle Oil and Gas Limited, Dr. Peter Ndubuisi Mbah, has enjoined Nigerians to cease panic buying of...

Mobile Money operators in Nigeria and other parts of the globe processed $1 trillion worth of transactions last year. The...

The Managing Director of the Asset Management Corporation of Nigeria (AMCON), Ahmed Lawal Kuru, has said that the organisation has...

Brent, the crude against which Nigeria’s oil is priced, moved up in price to $114/barrel as at 4.34 pm Nigerian...

KLM, the flag carrier airline of the Netherlands, says it lost over 70 per cent of its annual revenue in...

Thirty-one million, one hundred and sixty thousand Nigerians live in areas without telecommunication coverage, according to the Federal Ministry of...

The federal government generated a total of N563.72 billion from Value Added Tax (VAT) in the fourth quarter of last...

As part of an effort to help redefine vehicle leasing in Nigeria, Comfort Ride has debuted to help luxury car...

Interswitch Group, Africa’s integrated digital payment and commerce solutions, has rolled out new solutions aimed at boosting the payment ecosystems...

The Group Managing Director/Chief Executive Officer, Access Holdings Plc, Dr. Herbert Wigwe, has said that the bank, in its move...

The President of, the African Development Bank (AfDB), Dr. Akinwumi Adesina, has said that the bank will commit $2.8 billion...