Economy

The Federal Government of Nigeria has reaffirmed its commitment to transform the country’s economy by focusing on the mining and automotive industries as major drivers of industrial development. This was …

Uganda has secured a $800 million financing agreement with the Islamic Development Bank (IsDB) to fund major infrastructure projects aimed at boosting trade and development across the country. The deal …

Dangote Refinery has again announced a cut in the price of its diesel, bringing further relief to Nigerians who have been grappling with high energy costs. In a statement issued …

The Apapa Area Command of the Nigeria Customs Service (NCS) has intercepted a significant shipment of illicit pharmaceuticals and other contraband goods valued at approximately N3.2 billion. The seizure, which …

The Nigerian music industry has undergone a quiet revolution. While the spotlight often shines on superstar acts with label support and massive budgets, a different story is unfolding just beneath …

The average pump price of Premium Motor Spirit (PMS), also known as petrol, jumped by 76.73 per cent year-on-year in April 2025, reaching N1,239.33 per litre, according to data released …

The Federal Government has stopped fuel tankers from moving at night as part of new safety measures in the petroleum transport sector. This was announced by the Nigerian Midstream and …

Linkage Assurance Plc, a Nigerian insurance company listed on the Nigerian Exchange Group, has been assigned a long-term issuer credit rating of ‘B+’ by AM Best, a globally recognised credit …

South Africa’s currency, the rand, remained largely stable on Thursday despite political tension triggered by a controversial encounter between President Cyril Ramaphosa and U.S. President Donald Trump, which took the …

Workers under the National Assembly Service Commission have asked to be returned to the Contributory Pension Scheme (CPS), two years after they were removed from it by a new law. …