Business and Economy

Vice President Yemi Osinbajo has declared that Nigeria is moving quickly away from oil dependence and the Federal Government will continue to support Nigerian...

Following improved dollar supply by the Central Bank of Nigeria (CBN) for legitimate transactions, the naira has appreciated to N535 to a dollar as...

Amid global and domestic challenges, the United Bank for Africa Plc’s (UBA) $300 million Eurobond attracted 1.7 times oversubscription from investors across the globe.The...

Minister of finance, budget and national planning, Mrs Zainab Ahmed, has said petroleum under-recovery popularly known as fuel subsidy is a major drain on...

Vice President Yemi Osinbajo is to lead the federal government’s National Economic Development Plan (NDP) of N348.7 trillion.The ambitious project, which some experts tagged...

The World Bank in its latest report has commended Nigeria’s debt reporting, stating that 40 per cent of low-income developing countries (LIDCs) were yet...

The 36 states and the Federal Capital Territory generated N849.123bn as Internally Generated Revenue (IGR) in 2021 compared to N612.87bn in 2020.A report by...

An economist, Mr Kennedy Eze, has urged the Federal Government to provide tax incentives so as to attract more investments into Nigeria.In an interview...

Dara Akala, executive director of Partnership Initiatives in the Niger Delta (PIND), says Nigeria has the economic potential to earn $2.98 billion (about N1.2...

The Central Bank of Nigeria (CBN) has granted approval in principle to MTN and Airtel to operate payment service bank (PSB) across the country,...