Business and Economy

By Daniel EduThe current exchange rate for the Dollar to Naira in the black market, also known as the parallel market or Aboki fx,...

By Daniel EduFarming in Nigeria has witnessed a positive transformation in recent years, becoming a lucrative venture that offers job opportunities and entrepreneurial prospects....

By Daniel EduThe fruit business in Nigeria is a highly profitable venture that has supported numerous families in sustaining their household incomes. While it...

NERC Reviews Rates for Electricity Distribution Companies Amid Challenging Conditions"Nigeria experienced a significant 16.4% week-on-week drop in electricity generation, bringing it down to 3,501.20...

Electricity generation in Nigeria experienced a significant decline, decreasing by 16.4% to 3,501.20 megawatts (MW) from the previous week's 4,187.6 MW. As a consequence,...

The Major Oil Marketers Association of Nigeria (MOMAN) has shed light on the recent fuel price increase, attributing it to key market realities and...

Naira Hits New Low at N820/$ as Forex Supply Gap PersistsThe Nigerian naira has reached a new low against the US dollar, trading at...

Nigeria’s Consumer Price Index (CPI) rose to 22.79% in June from the 22.41% recoded in May 2023.This is according to the latest CPI report...

In June 2023, Nigeria witnessed a significant increase in its inflation rate, as reported by the National Bureau of Statistics. The consumer price index...

During the 62nd Annual General Meeting held in Lagos, the Nigerian Exchange Limited (NGX) expressed its support for the economic reform initiatives undertaken by...