Bilateral trade between Nigeria and China rose by 34.7% to $15.48 billion between January and July 2025, compared with the same period in 2024. Ms. Yan...
Federal Government has commenced the verification of disputed and newly drilled crude oil and gas fields across the Niger Delta to resolve ownership claims and ensure...
First Bank of Nigeria Limited is partnering the organizers of the first of its kind E1 Lagos GP an all-electric powerboat racing championship, set to hold...
Africa’s economic ambitions make waves as heads of state, business leaders, investors, and policymakers gathered for Unstoppable Africa 2025, the flagship forum of the Global Africa...
Nigeria’s economy expanded 4.23% year on year in the second quarter, its quickest pace in about four years, helped by higher oil output and a stronger...
President Bola Tinubu’s administration has revived the cassava flour policy, which mandates the inclusion of 20 per cent cassava flour in all wheat-based products. The Minister...
Oil posted a weekly surge in prices as markets reacted to supply risks in Russia and declining US crude inventories. The international benchmark Brent crude traded...
Central Bank of Nigeria (CBN) injected $150 million into the foreign exchange (FX) market to help the naira exchange rate redirection. The Apex Bank sold U.S...
By Dr Muda Yusuf The Central Bank of Nigeria (CBN) plays a pivotal role in shaping Nigeria’s macroeconomic trajectory. Over the past two years, under the...
Nigeria’s gross external reserves hit $42 billion this week, the highest level seen since September 2019, boosted by additional inflows across sources. In Sept., total inflows...