Business and Economy

By   Milcah   TanimuThe Central Bank of Nigeria (CBN) admitted on Monday that raising the interest rate to 27.25% is "painful" for borrowers. Despite this,...

Nigerian billionaire and CEO of Wisdom Kwati Group, Wisdom Kwati, has announced a $5 billion investment plan targeting Sierra Leone’s real estate and aviation...

By   Milcah   TanimuThe Federal Government of Nigeria aims to create one million jobs to combat youth unemployment in all 774 local government areas. Minister...

By   Milcah   TanimuThe Central Bank of Nigeria (CBN) will implement an Electronic Foreign Exchange Matching System (EFEMS) for FX transactions starting December 1, 2024....

By   Milcah  TanimuThe Minister of Budget and Economic Planning, Sen. Abubakar Bagudu, has stated that Nigeria's insecurity challenges are closely tied to its economic...

Uncertainty surrounds Nigeria's Naira-for-Crude Policy, which was set to start on October 1, 2024. However, as of that date, the federal government had not...

The Federal Government has introduced new tax relief measures to boost investments in Nigeria's oil and gas sector, particularly in deep offshore production. Among...

By  Milcah   TanimuNigeria has witnessed a significant increase in the number of registered Point-of-Sale (PoS) terminals, which has now reached 26.54 million in just...

By   Milcah   TanimuThe Federal Competition and Consumer Protection Commission (FCCPC) and the National Broadcasting Commission (NBC) have submitted conflicting positions to the Federal High...

The Federal Government is expanding its subsidised rice programme to tackle food insecurity, with sales set to begin in Lagos, Kano, and Borno states,...