Despite a steep decline in the U.S. dollar index, the Nigerian naira has failed to strengthen, continuing to trade at around N1,625 per dollar in the...
Nigeria’s total debt to the World Bank rose by $2.36 billion in 2024, reaching $17.81 billion by year-end — a 15.3% increase from $15.45...
Seven of Nigeria’s top commercial banks paid a combined N819.95 billion in income tax expenses in 2024, marking a 94.96 per cent increase from the N413.73...
The Nigerian naira continued its downward trajectory in the parallel foreign exchange (FX) market on Thursday, closing at N1,621 to the dollar, a sharp decline from...
Senate President, Godswill Akpabio, has officially petitioned the Inspector General of Police (IGP), Kayode Egbetokun, requesting a thorough investigation and prosecution of suspended Kogi Central Senator,...
Founder and Chairman of Zenith Bank Plc, Jim Ovia, CFR, has been conferred with the Freedom of the City of London, one of the...
In a significant development for Nigeria’s downstream petroleum sector, the Dangote Refinery has reduced the ex-depot price of petrol to ₦865 per litre, effective Thursday morning....
Presidential candidate of the Labour Party (LP) in the 2023 elections, Peter Obi, has raised the alarm over what he described as the “alarming level of...
The Presidency has released a comprehensive list of appointments made so far by President Bola Ahmed Tinubu in response to growing criticisms over allegations of regional...
The Nigerian naira suffered a sharp depreciation against major foreign currencies in the parallel market on Wednesday, April 9, 2025, as uncertainty loomed over the absence...