Nigeria, Africa's largest economy, has emerged as the 64th most entrepreneurial nation in the world and 5th in Africa behind South Africa, Rwanda, Morocco and Kenya.
Despite the strong U.S. dollar and slowing demand for crude oil, the price of the commodity pulled back on Monday during the New York trading session.
The Nigerian stock market closed in the red last week despite posting a 0.70% gain in the previous week.
Indian business magnate Gautam Adani has displaced Amazon founder Jeff Bezos to become the second-richest person in the world with an estimated wealth of $146.8 billion.
Nigeria expended a sum of $264 million on shea butter and vegetable oil importation in 2021
The inflation rate grew at a 20.52% year-on-year rate in August, the fastest pace of increase in the last 17 years
The Nigerian Naira exchanged at N707 to a United States Dollar on the black market, a N2 decline from N705 it traded on Tuesday.
Global oil prices scaled back on Wednesday following European Central Bank's (ECB) pledge to raise interest rates even further to rein in inflation.
The Central Bank of Nigeria (CBN) has said a total sum of $7.6 billion was used to defend the Nigerian Naira in the first five months...
Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) threatens to embark on a nationwide strike amid rising crude oil theft.