The naira continued its rally on Wednesday, closing at N1,500.91 to the United States dollar at the official Nigerian Foreign Exchange Market. The performance marked a significant milestone as the …
Nigeria’s private sector recorded stronger growth in August 2025 as improved customer demand and easing inflationary pressures boosted business activity, according to the latest Stanbic IBTC Bank Nigeria Purchasing Managers’ …
The Nigerian naira appreciated against the US dollar across both official and parallel foreign exchange (FX) markets on Tuesday, July 2, 2025—the first trading day of the new month. This …
Nigeria’s total money supply dropped again in May 2025, marking the second decline this year, according to new data released by the Central Bank of Nigeria (CBN). The figure for …
Nigeria’s brewery industry bounced back in 2024 with a remarkable 71.8 per cent year-on-year rise in revenue, hitting ₦1.9 trillion. This performance exceeded the earlier forecast of 39.2 per cent …
MTN Nigeria Communications Plc has reported a profit after tax of N133.7 billion for the first quarter of 2025, recovering from a loss of N392.7 billion recorded in the same …