The Central Bank of Nigeria (CBN) has announced that it will take direct control of the fixed income market's settlement and trading platform by December. The FMDQ Group currently operates…
Yemi Kale, former statistician-general of the National Bureau of Statistics (NBS), says approximately 89 million people, or 40 percent of Nigeria’s population, live below the poverty line. Kale, chief economist…
Dangote Petroleum Refinery has resumed petrol sales in naira a day after putting the initiative on hold. In an email to clients on Saturday, Dangote refinery stated that the resumption…
The National Union of Electricity Employees (NUEE) has urged its members to withdraw their services across the country. The decision was issued in a document on Wednesday, signed by Dominic…
A recent study by OpenAI and the National Bureau of Economic Research found that just 30% of consumers utilise ChatGPT for work-related tasks. According to the working paper, which was…
Festus Keyamo, minister of aviation and aerospace development, says Nigeria will receive its first set of dry lease aircraft on October 6. Keyamo spoke on Wednesday at the ground-breaking ceremony…
The Federation Account Allocation Committee (FAAC) says it shared a total of N2.22 trillion among the three tiers of government in August. The allotment is based on a gross total…
The first petrol shipment from Dangote refinery to the US has arrived. According to sources at the refinery, the "vessel left the refinery for the US about two weeks ago".…
The National Bureau of Statistics (NBS) reports that Nigeria had a trade surplus of N7.46 trillion in the second quarter (Q2) of 2025. A trade surplus is an economic indicator…
Femi Falana, human rights lawyer and senior advocate of Nigeria (SAN), says the World Bank and the International Monetary Fund (IMF) pushed the federal government to remove the petrol subsidies.…
