The World Bank’s recently released Macro Poverty Outlook for Nigeria has highlighted the nation’s constant fiscal deficit as a major contributor to its public debt stock....
Oil prices were unchanged on Monday as investors looked towards Chinese economic data to gauge demand recovery in the world’s second-largest oil consumer. Brent crude oil,...
As of April 17, 2023, the dollar to naira exchange rate is 1 USD to 738 NGN at the black market. This means that for every...
Ibom Air, a Nigerian-based airline, has been formally presented with the Operational Safety Audit (IOSA) Certificate by the International Air Transport Association (IATA) for its exemplary...
Dangote Cement Plc, Africa’s largest and leading cement producer, has reiterated its commitment to maintaining its profitable status through strategic innovations that will ensure the continuous...
Oil prices took a dip on Thursday as the possibility of a recession in the United States, the world’s largest oil consumer, overshadowed worries about tight...
The International Monetary Fund (IMF) has projected that Nigeria’s economic growth will decline from 3.2 percent in 2023 to 3.0 percent in 2024. The IMF retained...
In the past three years, Nigeria has paid an astounding N5.83tn in subsidies on petroleum products, according to reports by the National Bureau of Statistics (NBS)....
Oil prices have steadied as the market awaits the U.S. inflation data that will likely influence the Federal Reserve’s policy on interest rate hikes. Brent crude...
As of April 12, 2023, the dollar to naira exchange rate is 1 USD to 740 NGN at the black market. This means that for every...