Oil prices declined by 1 percent amid the uncertainty surrounding the global oil market as the world looks to the Middle East for a solution. Brent...
In the vast landscape of Nigeria’s political arena, storms are not uncommon, but the latest tempest brewing over the approval of a $13 billion highway project...
The black market, also known as the parallel market or Aboki fx, US dollar to Nigerian Naira exchange rate as of May 22nd, 2024 stood at...
The Central Bank of Nigeria (CBN) has increased the Monetary Policy Rate (MPR) by 150 basis points from 24.75% to 26.25% following a two-day meeting of...
Telecommunications giant Airtel Africa announced that its subsidiary, Bharti Airtel International (Netherlands) B.V., has successfully repaid its $550 million bond in full. This achievement marks a...
The Federal Government has shortlisted 5,000 candidates for its prestigious overseas scholarships. The announcement was made through the Petroleum Technology Development Fund (PTDF) in Abuja. Bolanle...
The Port-Harcourt refinery with a capacity of 210,000 barrels per day, is poised to begin operations by the end of July. This announcement comes after several...
The Central Bank of Nigeria (CBN) disbursed $2.13 billion for food imports in 2023. This disclosure raises concerns about the nation’s ability to achieve self-sufficiency in...
The trade volume between Nigeria and Indonesia rose to $4.7 billion in 2022, according to Ishmael Balogun, the President of the Nigerian-Indonesian Chamber of Commerce and...
Nigeria has extended a call to the United Arab Emirates (UAE) for strategic investment. The Federal Government of Nigeria said there is a need for the...
