Nigeria’s foreign exchange (FX) reserves have increased by $591.78 million in the month following the government’s $2.2 billion Eurobond auction on December 2, 2024. The reserves...
The Dangote Petroleum Refinery retained 13% of Nigeria’s crude oil exports as domestic supply in 2024, according to a new report by Reuters. This development increased...
Nigeria’s untapped export potential is estimated at $3 billion, according to data from the International Trade Centre (ITC). The report highlights several key export commodities, including...
The Bank of Industry (BOI) has achieved a historic milestone by successfully raising €1.879 billion in 2024, the largest sum ever secured by any Nigerian or...
The International Monetary Fund has warned that undisclosed public debt, estimated at $1 trillion globally, poses a growing threat to economic growth in low-income nations already...
The Federal Government of Nigeria has allocated a substantial sum of N17,313,619,734 in the 2025 budget for the provision of Group Life Assurance coverage for employees...
The Dangote Petroleum Refinery says Heyden Petroleum and Ardova Plc have joined it to ensure the supply of affordable Premium Motor Spirit (petrol) in Nigeria. The...
MTN Group, the largest network operator in Africa by subscriber base, has announced the successful completion of the sale of its operations in Guinea (known as...
John Holt Plc has released its financial report for the year ending September 30, 2024, showing a pre-tax profit of N2.5 billion. This marks a significant...
FMDQ Exchange has temporarily suspended its security admission services in the Nigerian Commercial Paper market following new rules introduced by the Nigerian Securities and Exchange Commission...