The $1.5 billion Lekki Deep Seaport is looking to more than double its cargo handling operations by the end of 2025, aiming for 500,000 Twenty-foot Equivalent Units (TEUs) after processing …
The World Bank has issued a stern warning about the rapid rise of extreme poverty in Nigeria, saying the country is now one of 39 economies where conflict and instability …
The Federal Government of Nigeria spent a staggering ₦611.71 billion in March 2025 to service its first-ever dollar-denominated bond issued within the domestic market, making it the single largest item …
Netflix has once again raised its subscription fees in Nigeria, marking the third increase since 2024. This adjustment, which took effect in May 2025, has affected all subscription tiers, with …
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 …
Investor interest in Federal Government of Nigeria bonds has dropped, as concerns about rising interest rates and high inflation continue to affect decisions in the financial markets. According to the …
Air travel in Nigeria is yet to bounce back to the level it was before the COVID-19 pandemic, mainly because many Nigerians are still facing financial pressure. With rising airfares …
Small and medium-sized businesses across Nigeria are groaning under the weight of the forex crisis as the naira continues to fall and the foreign exchange market remains unstable. For many …
The Nigerian naira has continued to weaken against the US dollar, as it recorded another round of depreciation in March 2025, both at the official market and in the parallel …
Abuja – Nigeria’s total public debt has climbed to N144.67 trillion as of December 31, 2024, according to a fresh report released by the Debt Management Office (DMO). This figure …