Business News
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538Naira Abuse Inflates Printing Expenses, CBN Warns
The Central Bank of Nigeria has raised the alarm that the abuse and poor handling of naira banknotes are significantly increasing the...
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522US-Nigeria Bilateral Trade Soared to $13b in 2024 –Consul General
The United States of America and Nigeria’s bilateral trade has soared to nearly $13billion in 2024, the U.S Consul General, Lagos, Rick...
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564PENGASSAN, NUPENG Reject Govt’s Plan to Sell Assets
Two of Nigeria’s influential oil sector unions have strongly opposed the Federal Government’s reported plans to divest significant stakes in joint venture...
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513FG Endorses China’s Global Governance Initiative
The Federal Republic of Nigeria has formally endorsed the Global Governance Initiative (GGI), launched by President Xi Jinping of the People’s Republic...
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462Why Borrowing Continues Despite Nigeria’s 411% Revenue Growth
FIRS Chairman, Federal Inland Revenue Service (FIRS), Zacch Adedeji has said even though the Federal Government has seen a remarkable surge in...
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1.0KStakeholders Protest Continued 4% FOB Collection Despite FG’s Ban
Stakeholders have decried what they termed flagrant disregard of the directives by the Federal Government and the Minister of Finance to the...
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1.1KNigeria-UAE Non-Oil Trade Hits Record $4.3b
Trade relations between Nigeria and the United Arab Emirates rose to a record $4.3bn for non-oil commodities in 2024, The PUNCH reports....
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1.1KNigeria’s Real GDP Grew by 4.23% y/y in Q2-25
According to the National Bureau of Statistics (NBS), Nigeria’s economy expanded further in Q2-25, with real GDP growing by 4.23% y/y (Q1-25:...
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1.1KOil Prices Slip as Robust Supply Outweighs Fed Cut
Oil prices dropped on Friday as worries about large supplies and declining demand outweighed expectations that the year’s first interest-rate cut by...
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1.0KNigeria, Taiwan Sign MoU on Bilateral Trade, Investments
Nigerian businesses and Taiwanese counterparts signed a historic and strategic private sector-oriented Memorandum of Understanding between My Exhibition Company Limited of Taiwan...
