Nigeria

BUA Cement Plc, Nigeria’s second largest cement producer, intends to decrease cement prices in Nigeria from N5,500 to N3,500. Abdul Samad Rabiu, the company’s chairman, shared this decision with reporters …

Oil prices saw a significant surge on Monday morning ahead of the Bank of England (BoE) meeting this week, where it was suggested that this rate hike might be the …

Gas retailers are sounding the alarm, warning that the price of a 12.5kg cooking gas cylinder could surge to N18,000 by December if the Federal Government does not intervene to …

Some capital market stakeholders have stated that Foreign Portfolio Investments in Nigeria’s equity market will further reduce following the downgrade of the country by rating agency, FTSE. FTSE in its …

The immediate Minister of State for Budget and National Planning, Prince Clem Agba, has said that ‘Nigeria agenda 2050- a perspective plan’ has identified the country’s target in 30 years’ …

The Debt Management Office has said Nigeria’s total public debt hit N87.38tn at the end of the second quarter of 2023. The figure represents an increase of 75.29 per cent …

San Francisco and Lagos-based fintech giant Flutterwave, led by Nigerian tech billionaire Olugbenga Agboola, has unveiled plans to inject $50 million into Kenya, fueled by mounting confidence in the imminent …

The late Akintola Williams, Nigeria’s first chartered accountant and founder of Africa’s first indigenous accounting firm, Akintola Williams & Co. (now known as Deloitte & Touche), was a true icon …

Small, medium and large businesses in Nigeria that need dollars to source inputs and equipment are currently bearing the brunt of the failing foreign exchange reforms of President Bola Tinubu …

As exchange rate volatility continues to impact the economy, the Association of Bureau de Change Operators of Nigeria(ABCON) has called on the Central Bank of Nigeria (CBN) to democratize and …