Nigeria’s external reserves have surged to $41.046 billion, the highest level in four years, fueling a steady appreciation of the naira in both ...

OWERRI — The Nigerian Export Promotion Council (NEPC) has emphasized that loan and grant facilities provided by the Federal Government are crucial tools ...

Nigeria is sitting on more than 3.5 billion barrels of undeveloped oil and condensate reserves worth about $227.5bn (₦341.25tn), even as the nation’s ...

ABUJA — The naira began the week on a shaky note at the official foreign exchange market, sliding against the U.S. dollar despite ...

LAGOS — The Centre for the Promotion of Private Enterprise (CPPE) has raised concerns that food prices remain stubbornly high despite Nigeria recording ...

ABUJA — The Nigerian National Petroleum Company Limited (NNPCL) has reduced the pump price of Premium Motor Spirit (PMS) at its retail outlets ...

ABUJA — The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has reported a significant drop in the nation’s fuel consumption for June ...

The Dangote Petroleum Refinery has slashed the ex-depot price of Premium Motor Spirit (PMS), also known as petrol, by N30 — from N850 ...

The World Bank has approved $300 million in financing to assist up to 7.4 million Nigerians living in internally displaced persons (IDP) camps ...

Foreign direct investment (FDI) into Nigeria fell sharply by 70.06 percent quarter-on-quarter to $126.29 million in the first quarter of 2025, according to ...