Economy

The Nigerian naira ended last week with a mixed performance in the foreign exchange market, as it recorded marginal gains at the official window but slipped in the parallel market. …

The central parity rate of the Chinese currency, the renminbi (yuan), fell slightly on Monday, weakening by 23 pips to 7.1405 against the United States dollar. The China Foreign Exchange …

The World Bank has approved a total of $8.40bn (about N12.89tn) in fresh loans to Nigeria within the last two years. The new approvals, which span from June 2023 to …

Filling stations across Lagos, Ogun and other parts of Nigeria have increased the pump price of Premium Motor Spirit (PMS), popularly called petrol, to ₦900 per litre and above, despite …

Oilden Energies Limited, one of Nigeria’s rising lubricant manufacturers, has announced that it will officially launch its brand and unveil a new subsidiary on Friday, August 15, 2025, in Lagos. …

HQ, a subsidiary of International Workplace Group (IWG), has partnered with The Alternative Bank to make modern and affordable office spaces available to startups and small businesses across Nigeria. The …

The British Council’s Film Lab Africa, in partnership with Sterling One Foundation, has hosted a special film screening during the Africa Social Impact Summit (ASIS) 2025, which ended recently. The …

Ethiopian Airlines Group has taken a major step toward building what could become Africa’s largest airport by appointing the African Development Bank (AfDB) as the mandated lead arranger to secure …

Libya’s Presidential Council has announced plans to investigate and audit major contracts in the country’s oil and electricity sectors following years of heavy spending with little progress. The media office …

Speculation is growing over how much central government workers in India could earn once the 8th Pay Commission takes effect, even though the commission has not yet been officially set …