ECONOMY

The naira showed signs of stability in early trading today, offering a brief window of relief for importers, manufacturers, and businesses that have struggled under persistent exchange rate volatility in...

Global credit rating agency Moody’s has upgraded Nigeria’s sovereign credit rating from Caa1 to B3, signalling cautious optimism about the country’s economic direction under the Bola Tinubu administration and recent...

A growing wave of criticism is building against 20 state governors who have yet to implement the proposed N70,000 minimum wage, weeks after the Federal Government signaled support for a...

In a bold move that has stirred regional trade and political relations, Mali, Niger, and Burkina Faso have jointly imposed a 0.5% import levy on goods coming from other Economic...

Amid Nigeria’s ongoing revenue drive, commercial banks have remitted N205 billion in windfall taxes to the Federal Government, while an outstanding N600 billion remains unpaid. This development has reignited discussions...

As Muslims across Nigeria mark the end of Ramadan with Eid-el-Fitr celebrations, the mood this year is markedly subdued. Across major cities and rural communities, many families are scaling down...

In a bid to stabilize the Naira and reinforce Nigeria’s dwindling foreign reserves, the Central Bank of Nigeria (CBN) has intensified efforts to manage exchange rate volatility and attract foreign...

In a major push to support small businesses, the Nigerian government has announced a groundbreaking ₦220 million cash prize for the overall winner of the 2025 Micro, Small, and Medium...

The Federal Government of Nigeria, through the Debt Management Office (DMO), has announced plans to raise ₦300 billion in its March 2025 bond auction. The funds are intended to bridge...

An explosion has rocked the Trans-Niger Pipeline (TNP), a critical crude oil transportation route feeding the Bonny export terminal. The incident, which occurred in the early hours of the day,...