Economy

In an interview on CNN’s One World with Zain Asher, Nigerian businessman and philanthropist Tony Elumelu discussed the road to economic prosperity for Africa...

Nigeria’s inflation rate increased to 17.71 percent on a year-on-year basis in May, 2022, according to figures released by the National Bureau of Statistics...

Nigeria’s Company Income Tax (CIT) take for the first quarter (Q1) of 2022 was reported at N532.48 billion, a growth rate of 53.09% on...

The value of total export by Nigeria stood at N7.1 trillion in the first quarter of 2022, the value accounted for 54.61% of total...

The total value of capital importation into Nigeria in the first quarter (Q1) of 2022 decreased by 17.46% from US$1.9 billion, when compared to...

Western sanctions against Russia threaten Africa with a food security crisis, the head of the African Union (AU) and Senegalese President Macky Sall said...

The Chief Executive Officer of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Mr. Gbenga Komolafe, has said Nigeria lost about N434 billion (about $1...

Low crude oil production means Nigeria is barely able to cover the cost of imported petrol from its oil and gas revenue, Finance Minister...

The Federation Account Allocation Committee (FAAC) has shared a total of N636.602 billion as April 2022 Federation Account revenue to the federal government, states...

Nigerian Bank stocks are cheap, when compared to frontier market peers, despite a majority of them still declaring profits and paying out juicy dividends. Zenith...