Business & Economy

The federal government has launched the Nigeria Industrial Policy (NIP), targeting a dramatic increase in the manufacturing sector's contribution to the nation's Gross Domestic Product (GDP). The policy aims to...

The price of liquefied petroleum gas (LPG), commonly known as cooking gas, has skyrocketed across Nigeria, with retailers now charging up to ₦1,400 per kilogram, a staggering 40% jump from...

The Central Bank of Nigeria (CBN) has added a fresh batch of domestically sourced and internationally certified gold to the nation's foreign reserves. This latest acquisition has elevated the CBN's...

China's government has instructed the nation's oil refiners to immediately suspend exports of diesel and gasoline, citing severe disruptions to crude oil supplies stemming from the intensifying U.S.-Iran war in...

The Nigerian Electricity Regulatory Commission (NERC) has issued a firm directive compelling all DisCos to repay ₦20.33 billion in outstanding reimbursements to customers who purchased prepaid meters under the Meter...

The World Bank has raised the alarm over an impending employment crisis that could engulf developing nations, including Nigeria, potentially sparking widespread social instability and economic turmoil. The Washington-based institution...

Global oil markets were thrown into turmoil on Wednesday as intensifying hostilities between the United States, Israel, and Iran disrupted critical energy supplies in the Middle East, propelling benchmark prices...

In a significant development that could reshape Nigeria's emerging blue economy landscape, a powerful consortium of private maritime operators has stepped forward with concrete plans to collaborate with the National...

The Nigerian naira extended its recent slide in the official foreign exchange market on Tuesday, March 3, 2026, closing at N1,390 per US dollar. According to official data published by...

Gold prices surged over 1% in early Wednesday trading, rebounding sharply from Tuesday's steep drop as escalating Middle East tensions rattled markets and revived safe-haven demand. The rebound comes amid...