In a recent interview with an oil and gas expert, it was suggested that the imminent operation of both the Port Harcourt and Dangote refineries might...
The Senate granted approval on Saturday to President Bola Tinubu’s request for a substantial loan of $7.8 billion and €100 million. The funds are earmarked for...
In a swift departure from the economic policies championed by his predecessor, Muhammadu Buhari, President Bola Tinubu has embarked on a series of reversals in the...
Despite the recent lifting of the ban on foreign exchange for rice imports, the Nigeria Customs Service (NCS) has affirmed that rice remains a restricted commodity,...
In a recent report by Bloomberg, the Naira has been identified as one of the world’s poorest performing currencies in 2023. Analysts predict that the Nigerian...
In a comprehensive analysis by Dr. Dele Sobowale, the year 2024 for Nigeria is predicted to be marked by scarcity, failure, and chaos. Cash scarcity, a...
In a notable economic downturn, foreign investors have shown reluctance towards 27 Nigerian states, resulting in a significant 34% drop in capital importation, totaling $2.82 billion...
The Nigerian naira experienced a decline in the parallel market, falling to N1,230 per dollar from N1,225 recorded the previous Friday. Conversely, the official Nigerian Foreign...
Governor Muhammed Bago of Niger State has imposed a ban on the sale of alcohol in Suleja and eight neighboring local governments that share boundaries...
In a recent interview with the News Agency of Nigeria (NAN), Professor Chiwuike Uba, a distinguished development economist and Executive Director of the Amaka Chiwuike Uba...