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Naira Appreciates Across Markets on Oct 17 The naira strengthened against the U.S. dollar on Friday, October 17, appreciating in both the parallel market and at the Nigerian Foreign Exchange Market (NAFEM). Currency dealers in Abuja told Economic Confidential that the naira traded at ₦1,480/$1 for buying and ₦1,490/$1 for selling...

Naira Appreciates Across Markets on Oct 17

Naira Appreciates Across Markets on Oct 17 The naira strengthened against the U.S. dollar on Friday, October 17, appreciating in...

Nigeria Assumes G-24 Chairmanship, Vows to Drive Global Economic Reforms

Nigeria Assumes G-24 Chairmanship, Vows to Drive Global Economic Reforms Nigeria has taken over the chairmanship of the Intergovernmental Group...

CBN, Angolan Counterpart Ink Deal to Boost Regional Financial Stability

CBN, Angolan Counterpart Ink Deal to Boost Regional Financial Stability The Central Bank of Nigeria (CBN) and the Bank of...

Reps to Summon CBN, Others Over Automotive Finance Scheme

Reps to Summon CBN, Others Over Automotive Finance Scheme The House of Representatives Committee on Industry has pledged to work...

Investor Interest Drives N350bn Gain in Nigerian Stocks

Investor Interest Drives N350bn Gain in Nigerian Stocks The Nigerian Exchange Limited (NGX) sustained its positive momentum on Thursday as...

Marketers Confirm Plans to Lift 600m Liters of Dangote Petrol

Marketers Confirm Plans to Lift 600m Liters of Dangote Petrol Independent petroleum marketers have confirmed that the Dangote Petroleum Refinery...

Nigeria’s Oil Sector Reports 454m Barrels Produced in Nine Months

Nigeria's Oil Sector Reports 454m Barrels Produced in Nine Months Nigeria produced a total of 454.28 million barrels of crude...

Why Food Prices Are Dropping Fast – Minister

Why Food Prices Are Dropping Fast - Minister The Minister of State for Agriculture and Food Security, Dr. Aliyu Sabi,...

Dangote Refinery Reduces Crude Intake Amid Operational Challenges

Dangote Refinery Reduces Crude Intake Amid Operational Challenges Amid its recent struggle to meet local fuel demand, the Dangote Petroleum...

Nigeria Not Among Africa’s Fastest-Growing Economies – IMF

Nigeria Not Among Africa's Fastest-Growing Economies - IMF The International Monetary Fund (IMF) has revealed that Nigeria is not among...

Cheap Crude, Strong Naira Fails to Lower Petrol Prices

Cheap Crude, Strong Naira Fails to Lower Petrol Prices The sudden jump in petrol prices from about N865 per litre...

Women Entrepreneurs, SMEs Keeping Nigeria’s Economy Alive — Presidency

The Presidency has described women entrepreneurs and small businesses as the “lifeblood of Nigeria’s economy,” affirming that they remain central to the country’s post-reform recovery and inclusive growth agenda.

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