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Food, Transport Costs Rocket in Nigeria Before Christmas

Rising food and transport costs are threatening Christmas celebrations for many Nigerians.
News

Competition Is Rising, Petrol Price Drops Below N900

Fuel dips below N900 as relief to end consumers comes from competition and reforms.

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Business

FBI Seeks EFCC Aid to Arrest Two Nigerians Over $13m U.S Healthcare Fraud

The FBI has requested the EFCC's assistance in apprehending two Nigerian fugitives accused of orchestrating a $13 million healthcare fraud scheme in the United States
Business

World Bank Approves $1.57 Billion to Boost Human Capital in Nigeria

The World Bank has approved $1.57 billion to boost human capital in Nigeria, focusing on improving healthcare for women, children, and adolescents, and enhancing climate resilience
Business

Inflation’s Grip on Nigeria’s Airline Industry: Navigating Turbulent Skies

Nigeria's airline industry is grappling with soaring inflation, fuel costs, and declining revenues. Find out the challenges and explore potential solutions for recovery.
Business

Nigeria to Cut Transport Costs by 40% with CNG Shift

Nigeria adopts CNG to reduce transport fares by 40%, aiming for cheaper, cleaner, and more reliable transportation for its citizens
Business

Dangote Urges Government to End Fuel Subsidies Immediately

Aliko Dangote calls for an immediate end to fuel subsidies in Nigeria, explaining how it could reduce costs and stabilize the economy
News

Tinubu Prioritizes Financial Sector to Attract Domestic, Foreign Investments

President Bola Tinubu assures a business-friendly environment to attract domestic and foreign investments during a meeting with Coca-Cola's leadership team.
Business

Nigeria Unveils Advanced SCADA System for National Grid

Nigeria's government has unveiled a new SCADA system to improve grid management and reliability, marking a key step toward energy security
Business

CBN Warns of External Reserve Risks Amid Fuel Subsidy Removal

The Central Bank of Nigeria warns that fuel subsidy removal, increased import costs, and higher debt obligations could threaten external reserve growth by 2024-2025
Business

Moderating Inflation: How Harvest Season Eases Pressure Amid Fuel Price Hikes in Nigeria

Nigeria’s inflation rate eased to 32.15% in August 2024, thanks to the harvest season. However, fuel price hikes continue to pose a threat to stability.
Business

Nigeria’s Inflation Rate Falls to 32.15 Percent in August 2024

Nigeria's inflation rate eased to 32.15 percent in August 2024, reflecting a slowdown for the second consecutive month despite high food inflation
Business

Dangote Refinery to Start Fuel Distribution Next Week

Oil marketers will begin loading petrol from the Dangote refinery next week, marking a key moment in Nigeria’s fully deregulated oil sector
Business

CBN Introduces New Rules to Monitor PoS Transactions

The Central Bank of Nigeria introduces new PoS transaction rules, requiring payments to go through licensed platforms for improved security and transparency
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Latest articles

News

Food, Transport Costs Rocket in Nigeria Before Christmas

Rising food and transport costs are threatening Christmas celebrations for many Nigerians.
News

Competition Is Rising, Petrol Price Drops Below N900

Fuel dips below N900 as relief to end consumers comes from competition and reforms.
News

Nigeria Needs $20 Billion Annually to Hit 2027 Growth Goals

Nigeria needs $20 billion yearly for 6.3% economic growth by 2027, says Wale Edun. Increased tax revenue is essential.
Politics

Yahaya Bello Released After Meeting Bail Conditions

Former Kogi State Governor Yahaya Bello was released from custody after meeting N500 million bail conditions set by FCT court.

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