The Consul General of China in Lagos, Yan Yuging, recently disclosed that the bilateral trade volume between China and Nigeria during the first three quarters of...
The Central Bank of Nigeria (CBN) has reaffirmed that every banknote it has issued remains legal tender and should not be rejected. This clarification comes in...
President Bola Tinubu has halted the implementation of an electricity tariff hike and has called for subsidies on nationwide power consumption. Minister of Power, Adebayo Adelabu,...
Global stock markets faced a mixed outlook on Wednesday as investors contemplated the notion of extended higher interest rates, even after the Federal Reserve’s perceived halt...
What is the Dollar to Naira exchange rate at the parallel market, known as the black market (Abokifx) today? As of November 9th, 2023, the dollar...
An analysis of Nigeria’s government earnings has revealed a significant revenue windfall of N713.1 billion resulting from the devaluation of the national currency, the naira. The...
Dr. Bosun Tijani, Nigeria’s Minister of Communications, Innovation, and Digital Economy, has announced the acquisition of N1 billion in funding for the implementation of the Three...
The Nigerian federal government has reported significant fiscal gains amounting to approximately N1.45 trillion between June and September due to the removal of the subsidy on...
The Nigeria Port Authority (NPA) has announced a substantial $1.1 billion investment for the comprehensive rehabilitation of ports across Nigeria, commencing in the first quarter of...
Foreign airlines have disclosed that approximately 90 percent of the $783 million in trapped funds remains unpaid. Despite recent efforts to alleviate the situation, the airlines...