The Debt Management Office (DMO) has announced that the federal government’s domestic debt stock reached N66.957 trillion by the first half of 2024, representing an 8.74%...
Taiwo Oyedele, the Chairman of the Presidential Fiscal Policy and Tax Reform Committee, has disclosed that the committee has put forward a proposal for tax relief...
The Nigerian Government has allocated a loan scheme of N75 billion specifically designed for Micro, Small, and Medium Enterprises (MSMEs). This initiative aims to enhance the...
Bitcoin has experienced wild price swings since Vice President Kamala Harris announced her candidacy for the U.S. Presidential election in July 2024. The largest cryptocurrency attempted...
Nigerian Government, the Economic Community of West African States, alongside Morocco and Mauritania, have expressed their commitment to push forward in the development of the African...
Oando Plc has released its audited Consolidated Financial Statements for the full year ended December 31, 2023, to the Nigerian Exchange Group (NGX). The company reported...
Given the ongoing U.S. presidential election, political meme coins are again on the rise. The PolitiFi category has gained 3% in the last 24 hours due...
Foreign investors are increasingly losing appetite in the Nigerian stock market as activities in the first nine months of the year shows withdrawal of investment. During...
Equities investors in Nigeria were displeased with the outcome of weekly trading on the floor of the Nigerian Exchange Limited (NGX) as they parted with a...
A boost of $326.64 million that lifted Nigeria’s foreign reserves to $39.77 billion failed to pacify further depreciation of the naira at the official market last...
African airlines experienced an 11.9% increase in passenger demand in September 2024 compared to the previous year, achieving a load factor of 76.0%. This load factor,...
To advance Nigeria’s digital economy and support businesses facing economic headwinds, Google brought together top CEOs, government officials, and industry leaders at the 30th Nigerian Economic...
Trade deals between Nigeria and the United State has maintained an equilibrium as the annual trade value between the two countries hit $10 billion equivalent to...
The Central Bank of Nigeria (CBN) released $547.7m (N823.19bn at the official exchange rate of N1,503.3/$1, as of June 30, 2024) to Nigerians for the importation of...
The World Bank has released the Nigeria Development Update report, stating that over 129 million Nigerians are currently trapped in poverty. It released the report on...
The World Bank has announced a $500 million grant to support Nigeria’s recovery efforts from the impacts of the COVID-19 pandemic. The fund will be utilised...
No fewer than 1.3 million meters will be delivered between December and the second quarter of 2025. The Minister of Power, Adebayo Adelabu, disclosed this Tuesday...
The Nigerian naira plummeted by about 7% in the foreign exchange (FX) market as US dollar shortage exerted pressures on demand and supply. FX spot data...
Google’s products and services in South Africa generated R118 billion ($6.7 billion) in new revenue for local businesses, non-profits, publishers, creators and developers in 2023. This...
The Nigerian equities market traded with positive sentiments on Tuesday driven by buying interests in OANDO (+7.9%), ARADEL (+6.1%), and GTCO (+3.2%). At the close of...