Federal Government Proposes Zero-Duty Levy on Food Imports to Curb Inflation
In a decisive move to tackle escalating food prices and provide immediate relief from inflation, the Federal Government of Nigeria...
Oil Prices Edge Higher Amid Hurricane Francine Disruptions in U.S. Production
Oil prices climbed during Asian trade on Thursday, driven by concerns over Hurricane Francine's impact on U.S. oil production, the...
Oil Prices Recover Amid Hurricane Concerns Despite Global Demand Fears
Oil prices edged higher on Wednesday, recovering some of the losses from the previous day, as market participants focused on...
US and European Equity Futures Drop Amid Growth Concerns Ahead of Key US Inflation Report
US and European equity futures slipped on Wednesday, while bonds rose as concerns over slowing economic growth resurfaced ahead of...
Strong recovery and resilience drive economic stability, Minister Wale Edun reports at the 17th Annual
Nigeria's debut foreign-currency domestic bond has been hailed as a resounding success, recording a subscription of $900 million—significantly surpassing the...
Nigeria’s Financial Sector Grows by Over 30% in First Half of 2024 – Minister of Finance
At the 17th Annual Banking and Finance Conference held in Abuja on Tuesday, Nigeria’s Minister of Finance and Coordinating Minister...
Private Sector Sees Mild Expansion as PMI Hits 50.2, Driven by Services and Agriculture
The Central Bank of Nigeria (CBN) has reported a positive shift in the private sector’s performance, with the Composite Purchasing...
NNPC Blames Petrol Scarcity on FX Illiquidity, Vows to Address Supply Shortfalls
The Nigerian National Petroleum Company Limited (NNPCL) has acknowledged the ongoing fuel scarcity across the country, attributing it to foreign...
Government Ramps Up Efforts to Stabilize Power Supply Amid DisCos’ Capacity Challenges
Nigeria’s electricity distribution companies (DisCos) have struggled to absorb the full power generation capacity, highlighting a significant bottleneck in the...
Minister of State for Petroleum to Address Soaring Cooking Gas Prices Amid Federal Government’s LPG Distribution Initiative
The Minister of State for Petroleum Resources (Gas), Hon. Ekperikpe Ekpo, has vowed to tackle the escalating prices of Liquefied...
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