Economy

Remittance inflows from International Money Transfer Operators (IMTOs) surged to $4.22 billion between January and October 2024, marking a 61%...

Nigeria’s worsening food crisis is fueled by naira devaluation, rising insecurity, and surging inflation, according to Afreximbank’s report, Food Imports...

The Senate has approved the Nigerian Insurance Industry Reform Bill, 2024, introducing significant changes to modernize the sector. It mandates...

The National Bureau of Statistics (NBS) reports that African investors, excluding Nigeria, accounted for 22.76% of Nigeria’s foreign capital inflows...

African nations spend an average of $50 billion each year importing food, a reliance that could surge to $110 billion...

The Nigerian National Petroleum Company Limited (NNPCL) has announced securing a $1 billion crude-backed loan to support the operational launch...

The Securities and Exchange Commission (SEC) has unveiled a new initiative, #InvestNigeria, to encourage Nigerians to participate in the capital...

The Bureau of Public Procurement (BPP) has secured a $115,000 savings for Nigeria on the Presidential Power Initiative, popularly known...

The Nigerian National Petroleum Company (NNPC) Limited has reduced the price of Premium Motor Spirit (PMS), commonly known as petrol,...

Bitcoin reached an all-time high of $106,533 on Monday, driven by U.S. President-elect Donald Trump's suggestion to establish a U.S....