Nigeria’s foreign exchange reserves fell by $832.62 million between January 6 and January 21, 2025, highlighting growing macroeconomic challenges
CBN calls on business-minded Nigerians to take advantage of the export potentials unlocked by the weakened naira.
Nigeria’s VAT revenue rose by 14% in Q3 2024, reaching N1.8 trillion. Manufacturing, ICT, and mining sectors led the contributions
Taiwo Oyedele expresses concerns over US President Donald Trump’s plan for an External Revenue Service warns of possible global trade disruption.
Arik Air shareholders refute AMCON’s ₦455 billion debt claims, accusing the agency of mismanagement and non-compliance with court orders
Nigeria’s daily crude oil production dropped to 1.48mbpd in December 2024, falling short of budget and OPEC targets.
World Bank and AfDB lay out terms for African countries’ eligibility to access $40 billion for electricity development.
Afreximbank to offer crucial support to Nigeria’s ailing aviation industry by providing aircraft leasing services and financial help to airlines.
LemFi, a fintech startup focused on remittances, raises $53M Series B funding led by Highland Europe to expand operations in Europe and enhance global services.
Central Bank of Nigeria (CBN) has fined nine banks ₦150 million each for failing to ensure seamless Naira availability via ATMs during the festive season
