President Bola Tinubu has unveiled an ambitious revenue target of N34.8 trillion for 2025, alongside a projected economic growth rate of 4.6%. The announcement was made...
The Central Bank of Nigeria (CBN) has introduced new restrictions on Point of Sale (POS) transactions, setting a daily cash-out limit of N100,000 per customer. This...
The President of the Senate, Godswill Akpabio, has announced that the lifespan of Nigeria’s 2024 budget will be extended to June 30, 2025, to ensure full...
The Lagos Chamber of Commerce and Industry (LCCI) has issued a cautionary statement urging Nigerian businesses to prepare for heightened interest rate challenges in 2025 as...
African countries will need $74 billion to service their debt obligations in 2024, marking a sharp increase from $17 billion in 2010, according to Prof. Kevin...
The naira kicked off the week with a marginal appreciation against the dollar at the official foreign exchange market, offering a positive note despite inflation pressures...
The inflation rate for Nigeria’s communication sector dropped to 2.3 per cent year-on-year in November 2024, down from 2.5 per cent in October, according...
The United Bank for Africa (UBA), through its corporate social responsibility arm, UBA Foundation, has donated N500 million to the Lagos State Security Trust Fund (LSSTF)...
The Dangote Refinery has begun reshaping the global oil trade landscape by expanding its refined product exports to Africa and Europe, marking a major shift in...
Nigeria’s automotive industry is facing mounting uncertainty and stagnation due to prolonged delays in enacting a comprehensive auto policy framework, according to Mr. Kunle Jaiyesinmi, Head...