Economy
Nigerian Private Sector Faces Pressure as Currency Weakness Spurs Price Rises
The Nigerian private sector experienced further challenges in March as the impact of currency weakness led to an increase in...
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National Institute of Credit Administration Advocates Credit Availability to Boost Made in Nigeria Goods
The National Institute of Credit Administration (NICA), Nigeria's statutory body for the control, supervision, and regulation of the credit management...
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Dangote Oil Refinery Begins Supplying Petroleum Products to Nigerian Market
The Dangote oil refinery, touted as Africa's largest, commenced supplying petroleum products to the local market yesterday, confirmed by a...
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Nigerian Rail Transport Revenue Increases by 8.8% in 2023, Despite Decline in Passenger Numbers
The National Bureau of Statistics (NBS) has reported an 8.8 percent year-on-year increase in revenue for rail transport in Nigeria,...
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CBN Slashes Exchange Rate as Dollar Sale Commences
In a significant move aimed at stabilizing the forex market, the Central Bank of Nigeria (CBN) has announced a reduction...
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NGX RegCo and FRCN Unveil Roadmap for Sustainability Financial Reporting Standard Adoption
In a joint effort aimed at advancing sustainable business practices, the Nigerian Exchange Regulation Limited (NGX RegCo) and the Financial...
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Nigeria Spends N4.38 Trillion Servicing Domestic Debt in 2023, DMO Reports
The Debt Management Office (DMO) of Nigeria has revealed that a total of N4.381 trillion (N4,381,207,357,790.30) was utilized for servicing...
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VAT Collections Soar in Q4-23, Hit NGN1.20 Trillion: NBS Report
The National Bureau of Statistics (NBS) has reported a significant surge in Value Added Tax (VAT) collections in the fourth...
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Nigeria-China Trade Volume Hits $22.6bn
The Consul-General of the Consulate General of the People's Republic of China, Ms. Yan Yuqing, has lauded Nigeria as a...
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Global Money Week: CBN, NGX, Partners Boost Students’ Financial Literacy
Nigerian Exchange Limited, Central Bank of Nigeria and other capital market operators have organised a symposium to boost the financial...
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