The Nigerian naira came under renewed pressure in the parallel foreign exchange market, fluctuating around the N1,620.25/$1 support level amid a global rebound of...
In a stark reminder of the persistent threat of terrorism in Nigeria’s northeast, suspected Boko Haram insurgents have successfully overrun a Nigerian Army base in what...
The Federal Government of Nigeria has kickstarted a bold reform initiative aimed at revamping the country’s electricity distribution sector, beginning with a pilot overhaul of two...
In a surprising but welcome development, the United States and China have agreed to temporarily reduce tariffs on a range of goods in a move aimed...
Petroleum marketers and retailers across Nigeria are bracing for a nationwide drop in the retail price of petrol, following the latest downward review of the ex-depot...
Nigeria’s inflation rate is projected to average 22.1 per cent in 2025, according to the World Bank’s latest Nigeria Development Update (NDU), as the Central...
Nigeria’s currency, the naira, recorded a notable appreciation against the US dollar at the official foreign exchange window on Monday, May 12, 2025,...
“I have done this for a long time but have never seen people feeling quite so positive about Nigeria,” said the Standard Chartered bank executive who...
A proposed 15-year revenue-sharing agreement between the Nigerian Maritime Administration and Safety Agency (NIMASA) and a private firm, Royal Diadem Consults Ltd, has triggered sharp internal...
”As it is now, we are supposed to be winding down on all diesel-powered engines in the country based on the GHG emissions statement."