Business and Economy

Nigeria Urges Swift Implementation of SAATM to Cut Airfare Costs Across Africa

The Nigerian federal government has emphasized the urgent need to implement the Single African Air Transport Market (SAATM), citing its potential to significantly lower...

Nigeria Positions To Tap $600bn Annual Upstream Investment In Africa’s Oil Sector – NUPRC

Nigeria is strategically positioning itself to tap into the projected $600 billion annual upstream investment needed to expand Africa’s oil and gas sector, which...

Business and Economy

Nigeria’s Inflation Rate Drops to 23.71% in April, Eases for First Time in Months — NBS

Nigeria’s headline inflation rate declined to 23.71% in April 2025 from 24.23% in March, marking the first slowdown in several months, according to a...

Business and Economy

Stakeholders Push for Urgent Telecom Reforms as Tech Disruptions Accelerate

With emerging technologies like Artificial Intelligence (AI), quantum computing, and Over-the-Top (OTT) services rapidly transforming the global telecom landscape, Nigerian stakeholders are calling for...

Business and Economy

N4.7tn Debt: Power Generators Press for Urgent Meeting with Tinubu

Electricity generation companies (Gencos) are urging President Bola Tinubu to urgently fix a date for a long-promised meeting over the N4.7 trillion debt owed...

Business and Economy

Petrol, Diesel Prices May Drop as Crude Oil Slumps, But Not Immediately

Nigerians may soon see a reduction in petrol and diesel prices following a significant decline in global crude oil prices. However, marketers of refined...

Business and Economy

CBN Releases 2024 Financials: Bank Reports N165.7bn Profit, Group Suffers N680.6bn Loss him

The Central Bank of Nigeria (CBN) has published its audited financial statements for the year ending December 31, 2024, revealing a mixed performance between...

Business and Economy