Economy

In an effort to ease the financial burden on Nigeria's state oil company, President Bola Tinubu has approved the write-off...

Aliko Dangote, Africa’s richest man and president of Dangote Industries Limited, has attributed the high cost of locally produced cement...

In a significant development for Nigeria's fuel market, Dangote Petroleum Refinery has announced a reduction in its ex-depot petrol price...

The Central Bank of Nigeria has released a new set of cash-related policies, saying the updates are needed to streamline...

Nigeria has recently won an international arbitration case, successfully avoiding payments of €185.7 million and N4 billion claimed by the...

Nigeria's headline inflation has eased to 16.05% in October 2025, relative to the September 2025 headline inflation rate of 18.02%....

The Federal Government of Nigeria has suspended the implementation of the 15% import duty on imported Premium Motor Spirit (PMS)...

Nigeria has introduced a ten percent tax on interest earned from short-term investments such as treasury bills, commercial papers, corporate...

Nestlé, the Swiss food and beverage giant, announced a major restructuring plan today, which will result in the elimination of...

President Donald Trump has intensified tensions with China by threatening to cut imports unless Beijing resumes purchases of U.S. soybeans....