Economy

Nigeria’s Gross Domestic Product (GDP) increased by 3.19% in the second quarter of 2024, driven primarily by growth in the...

The Africa Finance Corporation (AFC) is spearheading a groundbreaking initiative to establish Africa's largest gas-to-methanol plant in Akwa Ibom, Nigeria....

The Federal Government has revealed that the Nigerian National Petroleum Company Limited (NNPC) lacks the financial resources necessary to rebuild...

In a positive development for Nigeria’s economy, job opportunities are expected to increase across multiple sectors as businesses express optimism...

Julius Berger Nigeria Plc reported a significant 72% rise in earnings for the first half of 2024, with its after-tax...

Nigeria's Dangote mega-refinery has significantly increased its use of domestic oil, cutting back on imports from the United States. According...

The National Agency for Food and Drug Administration and Control (NAFDAC) has seized three petrol tankers used to transport edible...

The National Data Protection Commission (NDPC) has imposed a ₦555.8 million fine on Fidelity Bank for violations of its customers'...

The Central Bank of Nigeria (CBN) has announced a substantial increase in remittance inflows, which surged to $553 million in...

Nigeria is seeking to raise as much as $2 billion through the issuance of dollar-denominated bonds to domestic investors, as...