Lagos, the bustling economic hub of Nigeria, is not just a city of vibrant culture and commerce; it is also emerging as a significant player in the luxury yacht tourism sector. With Nigeria's coast…
The Nigerian Naira has shown significant strength against the US dollar in recent weeks, buoyed by a recovery in oil revenues and a series of economic measures implemented by the government. As the…
The adoption of the Central Bank of Nigeria's (CBN) digital currency, eNaira, has surged notably across northern states, marking a significant shift in the financial habits of Nigerians. As the cou…
The Central Bank of Nigeria (CBN) has taken a decisive step to combat soaring inflation by raising its benchmark interest rate to 18.75%. This significant increase, announced in the latest monetary…
Dangote Refinery has officially commenced the export of petrol to several West African countries, marking a significant milestone in Nigeria’s bid to become a regional hub for petroleum products. T…
Foreign Direct Investment (FDI) in Nigeria experienced a remarkable 34% increase year-on-year, signalling a growing confidence among investors amid ongoing economic reforms. This surge, reported by…
Business and economic news from Nigeria — trade, investment, banking, oil and gas industry, stock exchange, and economic development across the country.