Naira Appreciates Further, Trades N1,599.70/$ at Official Market The naira on Tuesday traded N1,599.70/$ at official market maintaining stability in the foreign exchange (FX) market despite the drop in external reserves. The Central Bank of Nigeria’s exchange data showed that it gained slightly against the dollar,...

NBS Launches Crowd-sourced Data to Boost Real Time Tracking The National Bureau of Statistics (NBS) has announced the launch of a data centre for prices of food commodities. A statement by NBS Head of Public Relations, Folorunso Alesanmi said the prices are compiled through a groundbreaking...

NGX Trading Dips with N116bn Loss The Nigerian Exchange Limited closed Tuesday’s trading session with of N116bn loss in market capitalisation. The All-Share Index fell by 0.17 per cent to close at 97,978.02 points, down from 98,146.93 points recorded in the previous session. Consequently, the market...

FG Advocates Adequate Data for Economic, Human Capital Development The minister of Finance and Coordinating minister of economy, Wale Edun has admitted Nigeria’s data inefficiencies, adding that government requires adequate data to plan for economic and human capital development. Edun stated this in Abuja on Tuesday...

NNPCL Sacks MDs of Port Harcourt, Warri, Kaduna Refineries The Nigerian National Petroleum Company Limited (NNPC) has removed the Managing Directors of its three state-owned refineries and directed management staff with less than a year to retirement to proceed on exit. In what appears to be...

Nigeria’s non-oil export sector recorded significant growth in the first quarter of 2025, with the total value hitting $1.791bn, the Nigerian Export Promotion Council (NEPC) disclosed on Monday.