The China Development Bank (CDB) has approved a 245 million euro ($254.76 million) loan to support the construction of the Kano-Kaduna railway project in Nigeria. 

In the third quarter of 2024, the demand for foreign exchange decreased significantly, mainly because of a notable reduction in invisible transactions. 

According to a new report by Reuters, Dangote Petroleum Refinery retained 13 per cent of Nigeria’s crude oil exports as domestic supply in 2024.

Tension Rises Over Exclusion Of North-Central In N2.4trn Regional Commissions' Budget The 2025 budget of N2.4 trillion for regional commissions has sparked widespread outrage, particularly over the exclusion of the North-Central geopolitical zone. The budget includes significant allocations for other regions but left out the North-Central,...

33 Former CBN Workers Seek N30bn Compensation for Wrongful Termination   A group of former Central Bank of Nigeria employees, who were let go in a large-scale restructuring effort last year, have filed a lawsuit against the apex bank at the National Industrial Court of Nigeria...

Brent Oil Price Nears 3-Month High, Reaches $76   Global oil prices held steady near a three-month peak yesterday, driven by strong demand from Asian refineries, which in turn boosted the value of certain Middle Eastern oil grades. Brent traded near $76 a barrel after earlier Monday...