Economy

The Federal Government has defended its £746 million port modernisation agreement with the United Kingdom, maintaining that the deal is...

The Nigerian naira maintained relative stability against the United States dollar on Monday, March 23, 2026, across key segments of...

The Dangote Refinery has increased its ex-depot price of petrol to ₦1,175 per litre, reversing an earlier ₦100 reduction announced...

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has suspended the issuance of new petrol import licences, citing improved...

Nigeria’s successful bid to host the Intra-African Trade Fair 2027 in Lagos is being seen as a major opportunity for...

The Nigerian naira traded between ₦1,400 and ₦1,410 per dollar in the parallel market on Sunday across major commercial centres...

The total market value of Nigerian banks has risen above N30 trillion following fresh capital injections by both existing and...

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has disclosed that Nigeria’s net foreign exchange reserves rose...

The naira depreciated to N1,359 per dollar at the official foreign exchange market on Tuesday following the Central Bank of...

Nigeria is intensifying efforts to attract major foreign investment, with the Minister of Finance and Coordinating Minister of the Economy,...