Business & Economy

International and domestic airlines are demanding a sharp cut in Spanish airport charges, accusing the country's main airport operator of pocketing billions in excess profits from passengers and carriers over...

The Unity Bank-Providus Bank merger is firmly on track, with their combined capital base surpassing the CBN's N200 billion threshold, joining the ranks of 21 banks that have met the...

Gold surged past the $5,000 mark on Thursday, as Iran war fears and Fed uncertainty drove investors into safe-haven assets for a second straight day. Spot gold climbed 0.7% to...

President Tinubu has signed an executive order to recover billions in oil and gas revenues lost to PIA deductions, ensuring all tiers of government receive their constitutional share. The order,...

The naira continued its descent on Wednesday, weakening at both the official and parallel foreign exchange markets as a resurgent U.S. dollar, buoyed by hawkish signals from the U.S. Federal...

Nigerian electricity generation companies are groaning under the weight of over N6 trillion in unpaid invoices, even as they push back hard against accusations from the Nigeria Labour Congress that...

Nigeria's foreign exchange reserves have hit $48.5 billion, a 13-year high, marking a significant turning point for Africa's largest economy after years of currency volatility and external pressure. According to...

The Lagos Metropolitan Area Transport Authority (LAMATA) has announced plans to expand the fleet of the Lagos Rail Mass Transit Red Line with the addition of three new eight-coach trains...

In a bold forecast that has injected fresh optimism into Nigeria's economic landscape, Aliko Dangote, the billionaire chairman of the Dangote Group and Africa's richest man, predicted that the naira...

Nigeria's oil sector is off to a troubled start in 2026, with output falling short of both budget and OPEC targets despite favorable oil prices. Figures released by the Nigerian...