Business & Economy

The Central Bank of Nigeria (CBN) has reiterated its dedication to maintaining a transparent and resilient financial sector by reinforcing regulatory compliance and risk management across financial institutions in the...

Nigeria could face a ban on wood and charcoal exports to European countries if it fails to comply with the December 2025 deadline set by the European Union (EU) Deforestation Regulation, warns Omolola Johnson, President of...

MTN Nigeria has reported a loss after tax of N400.44 billion for the year ending December 31, 2024, as the sharp devaluation of the naira drove foreign exchange losses higher,...

For the second time in February, Dangote Petroleum Refinery has reduced the ex-depot price of premium motor spirit (PMS), cutting it from N890 to N825 per litre —a N65 per...

NNPC Limited has announced that its subsidiary, NNPC Shipping, has entered into a joint venture agreement with Stena Bulk and Caverton Marine Limited to enhance petroleum product transportation across the...

Nigeria and Belgium are set to enhance their economic partnership, focusing on boosting food security and agricultural development. The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale...

The Naira continued its upward trend, reaching its highest level in seven months in the parallel market, where it appreciated to N1,500 per dollar from N1,530 per dollar recorded last...

The Nigeria Customs Service has announced the cancellation of all import declarations made during the initial implementation period of the now-suspended 4% Free-on-Board charge on imports. This was disclosed in...

Nigeria and Kazakhstan have embarked on discussions aimed at deepening their economic collaboration, with a focus on trade, investment, and the exchange of technology. The high-level business meeting took place...

During the third annual Special Economic Zones (SEZ) meeting in Lagos—organized by the Nigerian Export Economic Zones Association, the Nigerian Export Processing Zones Authority, and the Oil & Gas Free...