Nigerian Economy

Temile Development Company Limited (TDC), a Nigerian firm, has announced a major boost in its investment in the country’s gas sector. The company now has over $450 million worth of …

The National Pension Commission (PenCom) has disclosed that a total of ₦5.51 trillion from Nigeria’s pension funds has been invested into key sectors of the economy to support long-term development …

Nigeria’s oil and gas industry has recorded a major milestone as local fabrication capacity has now surpassed national demand, allowing Nigerian companies to offer fabrication services to other African countries …

Tributes are pouring in from across Nigeria’s banking and business sectors following the death of Pascal Dozie, founder of the now-defunct Diamond Bank, who passed away on Tuesday, April 8, …

Many Nigerians are still groaning over the high cost of transportation despite the recent drop in fuel pump prices and the introduction of Compressed Natural Gas (CNG) as an alternative …

The Federal Government has announced plans to begin a full technical and financial audit of the Ajaokuta Steel Complex and other major equipment under its care. This move is part …

Plateau State Government has taken a major step towards reviving rail transport in the state. This comes after the state signed a fresh agreement with the Nigerian Railway Corporation (NRC) …

The Chief Executive Officer of Ecobank Transnational Inc., Mr. Jeremy Awori, has called on Nigeria and other African countries to increase trade among themselves in order to reduce the possible …

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 …

Lagos State Governor, Mr. Babajide Sanwo-Olu, is set to officially commission the new Rack Centre LGS2 data facility in Lagos on Wednesday, April 10, 2025. The facility, which has a …