Economy

The skies are busy again as there has been an improvement in air passenger traffic in the second quarter, thanks to the reopening of...

Nigeria's oil production hit an average of 1.451 million bpd, latest data from the Monthly Oil Market Report (MOMR) published by the Organisation of...

The Federal Inland Revenue Service (FIRS) has disclosed that it generated revenues to the tune of N4.2 trillion in the first nine months of...

Vice-President Yemi Osinbajo has called on the Central Bank of Nigeria to allow the naira reflect the realities of the market.The national currency is...

Nigeria's president Muhammadu Buhari unveiled a record N16.39 trillion ($39.8 billion) budget for 2022 on Thursday, with a projected 25% year-on-year rise in government...

The World Bank expects the Nigerian economy to grow by 2.4 percent in 2021.The projection is contained in the bank’s Africa Pulse, a biannual...

The federal government has hinted of its readiness to secure both local and foreign loans to finance the N6.258 trillion deficit in the proposed...

The Central Bank of Nigeria (CBN) has revealed that the importation of wheat costs the country about $2 billion annually, thereby exerting pressure on...

The Central Bank of Nigeria (CBN) is set to launch a digital currency this week. Dubbed the “eNaira", the Central Bank Digital Currency (CBDC)...

…CBN has licensed 3,177 new BDCs since 2014 under Emefiele The Bureaux de Change (BDC) segment of the Nigerian foreign exchange (FX) market was supposed...