Business & Economy

The Central Bank of Nigeria (CBN) recorded massive demand at its Treasury Bills Primary Market Auction on Wednesday, April 8, 2026, as total subscriptions far exceeded the N700 billion offered....

The Nigerian National Petroleum Company (NNPC) remitted a massive N1.804 trillion to the Federation Account in February 2026, nearly 2.5 times the N726 billion recorded in January. This sharp surge,...

American households woke up on Friday to the most alarming inflation report in nearly two years, as the Bureau of Labor Statistics confirmed what economists had long feared: the U.S.-Iran...

Nigeria's mining and quarrying sector recorded its best-ever tax performance in 2025, contributing N723.33 billion in company income tax (CIT), a figure that has drawn wide attention across economic and...

Nigeria's Federal Government has approved the deployment of VPASS, a contactless biometric passenger verification system, across all domestic airports, a move officials say will fundamentally transform passenger identification and processing...

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced that sweeping regulatory reforms have unlocked more than "$10 billion" in fresh investments. Mrs. Oritsemeyiwa Eyesan, the Commission Chief Executive of...

Nigeria’s poverty rate has climbed to a staggering 63 percent in 2025, even as headline inflation has begun to moderate sharply. The disclosure comes in the latest Nigeria Development Update...

Oil prices rose on Friday on fresh Saudi supply disruptions and near-total paralysis in the Strait of Hormuz, despite easing nerves over the U.S.-Iran ceasefire. Brent crude futures, the global...

The Nigerian naira opened the day with only the slightest of tremors, closing at ₦1,379.50 to the US dollar after starting at an intraday low of ₦1,378.98, according to official...

Oil prices climbed sharply on Thursday as fresh doubts clouded a tenuous two-week ceasefire in the Middle East, stoking investor anxiety that energy shipments through the vital Strait of Hormuz...