Business & Economy

Nigeria has received several funding offers from investors and institutional lenders, the Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has said. In an…
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The Central Bank of Nigeria mopped up N1.945 trillion from the financial system in its May 29, 2026 Open Market Operations (OMO) auction as it sought to sterilise excess liquidity ahead…
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The Nigeria Employers’ Consultative Association (NECA) has stated that businesses across the country are yet to fully benefit from the ongoing economic reforms by the Federal…
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Imaan Sulaiman-Ibrahim, the Minister of Women Affairs and Social Development has repositioned Nigeria’s care economy as a strategic catalyst for inclusive growth, social protection and…
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Nigeria's ambition to quadruple its daily production of crude oil to three million barrels by 2030 is encountering increasing obstacles, and industry players are cautioning that the…
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Nigeria’s crude oil production gained a significant boost in April 2026, hitting 99.2 percent of its production quota of 1.5 million barrels per day approved by the Organisation of the…
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The Central Bank of Nigeria has begun efforts to improve governance standards and regulatory oversight of Nigeria’s non-interest financial sector with concerns over compliance risks;…
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Oil prices edged higher in Asian trade on Monday after U.S. President Donald Trump rejected Iran's conditions for ending the war in the Middle East, sparking fresh fears of prolonged…
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The country's main seaports in Lagos have received no fewer than 12 ships carrying fuel, crude oil, fertilizer, and other necessities, indicating higher import activity and better cargo…
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The cost of refined petroleum products in international markets has been pushed up by a sharp rise in global crude oil prices and this could put renewed pressure on petrol prices in…
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