Nigeria’s Central bank seeks more transparent FX transactions with new access for BDCs
The Central Bank of Nigeria has granted temporary access to the foreign…
Nigeria lifts five-year ban on mining in Zamfara State
The Federal Government of Nigeria has officially lifted the five-year ban on…
Demand growth prospects trigger slump in global oil price
Global prices of oil took a major slump today, indicating an anxiety…
Google, Netflix tax payments to Nigeria surges by 68.12% in 2024
The Federal Government of Nigeria received N3.85 trillion in tax payments from…
Diaspora remittances up 61% – CBN
The Central bank of Nigeria says diaspora remittances reached $4.22 billion between…
Nigeria targets 15% inflation in new budget proposal
Nigeria is targeting a reduction in inflation from 34.6% to 15% by…
Nigeria’s inflation rate hits 34.6%, highest in 26 years
Nigeria's headline inflation increased to 34.60% in November 2024, indicating a continued…
Nigeria meets ECOWAS obligation for first time in 19 years
For the first time in 19 years, Nigeria has fully met its…
Inflation, funding major challenge to start-ups in Africa
Inflation and funding have been identified as some of the major problems…
Nigeria to expand National Grid by 150MW before year-end
The Minister of Power, Adebayo Adelabu, has announced that Nigeria's national power…