Business & Economy

Nigeria has been officially designated as Africa’s Digital Trade Champion, a role expected to generate over 10 million new jobs across the continent by the end of 2025. Vice President...

Alhaji Aliko Dangote, President of the Dangote Group, has climbed to the 86th position on the Forbes billionaire rankings as his net worth surged to $23.9 billion. This marks a...

Austriacard Holdings, a global provider of card and secure chip solutions, has announced its commitment to collaborating with banks, fintechs, and other key stakeholders to advance Nigeria’s payment system. Burak...

The Securities and Exchange Commission (SEC) has introduced regulatory amendments aimed at taxing cryptocurrency transactions and expanding crypto licensing to enhance government revenue and investor security. According to a Bloomberg...

Nigeria’s headline inflation rate has declined sharply to 24.48% year-on-year in January 2025, marking a significant drop from the 34.80% recorded in December 2024. This was disclosed by the National...

The Government of Cross River State has officially taken possession of the Tinapa Business Resort, one of the state’s flagship projects, following a resolution with the Asset Management Corporation of...

Billionaire Aliko Dangote has described his $23 billion Dangote Refinery as the “biggest risk” of his life, acknowledging the immense challenges he faced in bringing the project to completion. In...

Nigeria’s consumer credit outstanding surged by 26.29% in November 2024, reaching N4.42 trillion, up from N3.5 trillion in October. This significant rise, as reported by the Central Bank of Nigeria...

The Naira appreciated in the parallel market yesterday, strengthening to N1,555 per dollar from N1,570 per dollar recorded last Friday. However, in the Nigerian Foreign Exchange Market (NFEM), the local currency depreciated slightly, trading at N1,512...

The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has called for urgent and aggressive measures to diversify Nigeria’s economy beyond oil dependence.   Speaking at the...