Economy

The Naira continued its downward slide on Tuesday, July 18, 2025, as it depreciated to N1,555 per dollar in the parallel market, down from...

Nigeria’s headline inflation rate has dropped to 22.97% in May 2025, according to the National Bureau of Statistics (NBS). This marks a 0.74% decline...

To cut prices, the federal government has issued value-added tax (VAT) exemptions for various energy goods, including fuel, liquefied natural gas (LNG), compressed natural...

Aliko Dangote, the most affluent individual in Africa, is the Chairman of Dangote Industries Limited. Addressing the shareholders at the yearly general assembly of Dangote...

The Central Bank of Nigeria has directed the Nigerian Customs Service (NCS) to use the FX closing rate on the date that importers submit...

The exchange rate between the naira and dollar fell to the lowest level ever on NAFEM where forex is sold officially. This represents a massive...

Agriculture plays a vital role in the Nigerian economy, contributing to various aspects of the country's development and well-being. Understanding the importance of agriculture...

The Central Bank of Nigeria (CBN) announced today, Thursday, that it will continue to promote orderliness and professional behaviour among all players in the...

Cash crops are grown for commercial purposes, not subsistence. They are high in demand and profitable and can include cotton, coffee, tobacco, sugarcane, and...

President Bola Tinubu has approved additional N10,000 for workers for a period of six months. This follows a meeting which the Federal Government officials had...