The Enugu State Government has announced its commitment to increase financial support for local government council development projects by 60 percent. This initiative aims...
In a significant disclosure, Nigeria Extractive Industries Transparency Initiative (NEITI) has reveals the government’s earnings from solid minerals in 2021, offering insight into a vital...
Brent crude oil has reached its highest price point in eight months, surpassing $88 per barrel in recent trading sessions. According to a report...
In a recent announcement, Mele Kyari, the Group Managing Director (GMD) of the Nigerian National Petroleum Company Limited (NNPCL), shared that Nigeria’s oil production has...
On Thursday, the Naira experienced a 3.32 percent depreciation, trading at N762.71 per dollar. This decline in value was attributed to reduced liquidity in...
The Nigerian naira saw a 0.42% decrease in value compared to the US dollar, moving from N772.12 to N775.34 on Tuesday. The open indicative...
According to Ngozi Okonjo-Iweala, the director general of the World Trade Organisation, moving away from open trade will result in increased price volatility, inflationary pressures, and...
The Nigerian Exchange Limited has recorded domestic transaction values totaling N1968.4bn year-to-date. This marks a 1.18% increase compared to the total domestic transaction value...
During the second quarter of 2023, the food, textile, and 24 other sectors of the economy experienced a collective loss of over N1 trillion. ...
With the Central Bank of Nigeria’s (CBN) policy of floating the exchange rate, which liberalised the foreign exchange market, Nigeria’s external reserves have dropped by $915m...
