Business
ExxonMobil Commits $1.5 Billion to Nigeria’s Deepwater Oil Projects
ExxonMobil commits $1.5 billion to Nigeria’s deepwater oil projects, reinforcing confidence in the upstream sector
7 May 2025
Economy
Breaking News
Tinubu to Meet Power Firms as Nigeria Faces N4trn Electricity Debt Crisis
President Tinubu to meet with Nigeria’s power-generating firms to resolve a critical N4tn debt threatening national electricity stability
5 May 2025
Politics
Ekiti State Launches Ekiti Dashboard to Deepen Transparency and Accountability
Ekiti State launches the Ekiti Dashboard, a groundbreaking digital platform enhancing transparency and accountability by enabling citizens to track government projects in real time.
4 May 2025
Business
Nigeria’s Gold Reserves Increase By N1.28 trillion In 2024
Central Bank of Nigeria reports N2.77 trillion in gold reserves for 2024, driven by global price surges, as external reserves hit new records
3 May 2025
Business
FG, NGX Group Target $6 Billion Foreign Investments Boost for Nigerian Economy
NGX Group are targeting $6 billion in foreign investments by 2025 to boost Nigeria’s economy, focusing on infrastructure, SMEs, and green finance.
1 May 2025
Business
Foreign Investment in Nigeria Hits Two-Year High
Foreign investments in Nigeria surged 524% in January 2025, driven by CBN’s aggressive interest rate hikes. Portfolio inflows dominate, while FDI continues to decline.
22 April 2025
Business
Naira Holds Firm Against Euro Despite Global EUR/USD Surge
Despite the euro’s surge against the U.S. dollar in global markets, the Nigerian naira remained steady on the parallel market
21 April 2025
Business
Nigeria Drops to 3rd in Africa’s 2025 Hotel Development Pipeline
Nigeria has fallen to third place in Africa’s 2025 hotel development pipeline, overtaken by Morocco, according to the W Hospitality Group.
12 April 2025
Business
Airlines Slash Nigeria-Europe Fares as Low Travel Season Hits
Airlines slash flight ticket prices from Nigeria to Europe amid the February–May low travel season. Business and economy class fares see major drops
11 April 2025
Business
Nigeria Records Highest Remittance Inflows in Five Years Under Cardoso
Nigeria saw a 9% rise in remittance inflows in 2024, hitting $20.98 billion—the highest in five years under CBN Governor Olayemi Cardoso.
10 April 2025
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