Tomato Jos has secured a $2.5 million convertible-note investment through the EU-funded Agriculture Financing Initiative (AgriFI) to expand its processing capacity, packaging, irrigation...
Economy
The World Energy Council Nigeria has urged the Federal Government to prioritise domestic processing of critical minerals rather than exporting them in raw...
Nigeria and the United States have signed a framework agreement aimed at attracting greater American investment into Nigeria’s mining sector and developing the...
Credit to Nigeria’s private sector has risen to ₦83.43 trillion, reflecting increased borrowing by businesses amid growing demand for financing.
China-Nigeria trade surged 35% year-on-year to $17.4 billion in the first half of 2026, while Nigeria’s exports to China climbed 81% to $2.25...
The Dangote Petroleum Refinery has exported ₦757 billion worth of aviation fuel (jet fuel) to the European market, marking another milestone in Nigeria’s...
Currency held outside Nigeria’s banking system has risen to ₦5.19 trillion despite increasing digital payment adoption, highlighting the continued reliance on cash across...
Nigeria’s current account surplus has surged to $4.98 billion, reflecting stronger external sector performance and improved balance-of-payments conditions.
Nigeria’s foreign reserves have increased by more than $1 billion within two weeks, signaling improved external liquidity and strengthening the country’s foreign exchange...
Nigeria and the United Arab Emirates have recorded $5 billion in non-oil trade, highlighting expanding commercial relations between the two countries.
The Lagos State Government has commenced the implementation of a 5% Withholding Tax (WHT) deduction on gaming winnings, in line with applicable Nigerian...
Ghana’s currency has recorded its first annual gain against the US dollar since at least 1994, buoyed by record gold prices and broad...
Over 20 million Nigerian households continue to rely on firewood and charcoal for cooking despite a decade of policy push, rising domestic LPG...
The Central Bank of Nigeria (CBN) has taken a decisive step in asserting full control over the government securities segment of the fixed-income...
Nigerian crude settled near $67 a barrel as oil buyers returned to the depressed energy market. Oil prices rallied strongly during the first...
Nigeria spent N804.10bn on arms and ammunition imports between 2020 and the second quarter of 2025, according to data obtained from the National...
Sources within the banking sector have revealed that they have been experiencing difficulties onboarding new customers for several weeks, due to an issue...
The Nigerian Exchange Ltd. (NGX) rebounded on Wednesday, reversing four days of bearish trend with a gain of N378 billion. The NGX market...
A recent study has revealed that Earth’s core contains a reservoir of gold and other rare metals that is slowly leaking toward the...
Nigeria’s commercial capital, Lagos, has made another economic leap, as its Gross Domestic Product (GDP) rose to US$259.75 billion based on Purchasing Power...
