Economy

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has revealed that diaspora remittance inflow into the country has seen a significant increase, rising from $200 million to …

Electric mobility firm Spiro has intensified its drive into Nigeria’s motorcycle market, a move seen as a major step for both the country and the global shift toward sustainable transport. …

Guaranty Trust Holding Company Plc (GTCO) has made a huge capital injection of ₦365.85 billion into its main subsidiary, Guaranty Trust Bank Limited (GTBank), in order to meet the Central …

Nigeria is losing about 400,000 hectares of forest every year to unchecked deforestation, a development that charcoal industry stakeholders say threatens both the sector and the country’s environmental commitments. The …

Segilola Resources Operating Limited has reaffirmed its commitment to promoting ethical sourcing in Nigeria’s mining industry following its confirmation as a sponsor of the Gold and Gemstone Conference and Exhibition …

Nigeria needs to urgently reposition its manufacturing sector if it hopes to compete favourably in global trade and strengthen its non-oil economy. Recent data shows that manufacturing contributed only 9.62 …

Flour Mills of Nigeria Plc (FMN) has restated its commitment to supporting food security in Nigeria and driving local content development through sustained investments in agriculture and agro-allied industries. The …

Propak West Africa has announced that its 12th edition will hold next week at the Landmark Centre, Lagos, bringing together industry leaders, manufacturers, and innovators to showcase new solutions in …

The Alliance for Economic Research and Ethics has urged the Federal Government to create a clear transition plan and consult widely with stakeholders before going ahead with its ban on …

The British government has suffered a major financial setback after Chancellor Rachel Reeves was forced to reverse plans to cut winter fuel payments for millions of pensioners. Instead of saving …