Economy

Nigeria and Indonesia have reaffirmed their commitment to deepening bilateral trade and investment relations as both nations continue to explore new areas of cooperation in energy, manufacturing, agriculture, health, and …

The Abuja Electricity Distribution Company (AEDC) has begun a large-scale retrenchment exercise that has seen about 800 employees laid off, deepening concerns among Nigerians already struggling with rising inflation, worsening …

Industrialists from Northern Nigeria have thrown their weight behind the Federal Government’s decision to impose a 15 per cent import duty on petroleum products, describing it as a bold policy …

The Federal Government has awarded ₦200 million in grants to 14 outstanding women engineers to help them scale up innovative solutions aimed at addressing some of Nigeria’s most critical development …

The Soil Values Programme, in partnership with the Nigerian Agro-Inputs Dealers Association (NAIDA) Northwest, has introduced a new mobile one-stop shop model to strengthen the delivery of agricultural inputs and …

Nigeria’s foreign exchange reserves are expected to climb to about $45 billion by the end of 2025, following strong investor confidence in the country’s $2.3 billion Eurobond issuance, according to …

The Federal Government of Nigeria has successfully returned to the international capital market with a $2.25 billion Eurobond issuance, attracting an impressive $9.1 billion in investor orders despite global uncertainty …

The Chairman of the Organisation of Petroleum Exporting Countries (OPEC) Board of Governors for 2025, Mr. Adeyemi-Bero, has advised Nigerian oil producers to prioritise refining crude oil locally instead of …

The Federal Government has secured a $500 million loan from the World Bank to strengthen Nigeria’s agricultural value chains and accelerate food security and rural industrialisation in line with President …

Nestlé Nigeria Plc has reaffirmed its commitment to environmental sustainability through an ambitious nationwide plastic recycling initiative aimed at promoting a circular economy, tackling waste pollution, and creating new income …