Latest Economy News

Nigeria Central Bank to mandate banks to raise capital base

The Central Bank of Nigeria say it will direct banks to shore…

Nigeria’s Refineries Revamp: Saudi Arabia Pledges Investment

The Government of Saudi Arabia has pledged to invest in the revamp…

NNPCL says demand for Nigerian crude oil in Asia dipped amid Russia-Ukraine war

Nigeria's state oil company Nigerian National Petroleum Company Limited (NNPCL) says the…

LoftyInc’s Project Sparrow Announces Fresh Finance Disbursement to Empower Startups 

The LoftyInc Project Sparrow team is pleased to announce a significant finance…

American company to establish tractor assembly plant in Nigeria

An American company, John Deere, has agreed to set up a tractor…

FG Partners Chinese Company On Lithium Minning

A Chinese company, Ganfeng Lithium Limited, is to work with the Nigerian…

Nigerian-Germany Cooperation: Trade Volume Hits €3bn in 2022

Germany says it remains committed to deepening and strengthening bilateral relations with…

Oil prices rise as markets focus on supply tightness

Oil prices rose by more than $1 a barrel on Wednesday as…

President rings closing bell at NASDAQ in New York

The United States Chamber of Commerce’s U.S.- Africa Business Centre played hosts…

We’ll use gas to reconstruct Nigeria’s economy – Tinubu

President Bola Tinubu has pledged his administration's unalloyed commitment to leveraging on…

Niger Coup: Businesses Suffer As Nigeria Closes Border

Nigeria’s decision to close its border with Niger Republic following the military…

Breaking: CBN to crackdown on speculators to end Naira slide

The Central Bank of Nigeria, CBN has announced plans to reverse the…