The Federal Government’s plan to end the subsidy on Premium Motor Spirit (PMS), commonly known as petrol, in June 2023 is set to cost Nigerian consumers...
Dangote Group, one of Nigeria’s leading multinational companies, has announced the launch date of its long-awaited Dangote Refinery, which is set to be the world’s largest...
The Nigerian Federal Government has refunded a total of N859.7bn to various state governments for expenses incurred while constructing federal roads over the past eight years....
Nigeria’s private sector has experienced a welcome boost with growth recorded in April, following the easing of the country’s cash crisis. The Purchasing Managers’ Index (PMI)...
The Host Communities of Nigeria Producing Oil and Gas (HOSCON) is targeting a $5 billion fund in partnership with the private sector to drive investment and...
The Nigerian Naira has appreciated against the US dollar in the Investors and Exporters (I&E) window of the foreign exchange market, despite a decline in turnover....
Nigeria has launched its Agenda 2050, a policy document aimed at placing the country among the top middle-income economies in the world by 2050. The launch...
Access Bank, the flagship subsidiary of Access Holdings Plc, has received regulatory approval from the Central Bank of Angola, Banco Nacional de Angola, for the acquisition...
The Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, has expressed her concern about the potential consequences of retail central bank digital currencies (CBDCs)....
Over 40% of deposits in Nigerian banks are now in United States (US) dollars, according to a report by the International Monetary Fund (IMF). The report...
