Nigerian businesses must look beyond conventional bank loans to secure the long-term funding, expertise and market connections needed to expand, Finance Minister Taiwo Oyedele has said. Oyedele made the call
Read moreJPMorgan Chase has moved a step closer to establishing a licensed banking operation in Nigeria after depositing ₦50 billion with the Central Bank of Nigeria (CBN), a major regulatory requirement
Read moreNigeria’s naira could strengthen further against the US dollar, with Deutsche Bank identifying the currency as undervalued and adding the country to its frontier foreign exchange monitor. The German lender
Read moreNigeria’s foreign exchange reserves climbed to $58.81 billion on October 12, moving close to their highest level in nearly 18 years after a sharp increase in the country’s dollar holdings
Read moreNigeria has climbed four places to rank eighth among Africa’s most investable economies, emerging as the continent’s biggest climber in the 2026 Bloomberg Economics Investment Risk-O-Meter. The latest assessment, published
Read moreThe Nigerian National Petroleum Company Limited (NNPC) has extended its petrol discount at retail stations nationwide until October 31, 2026, offering motorists additional relief from rising fuel costs amid surging
Read moreDaniel Bwala, President Bola Tinubu’s Special Adviser on Policy Communication, has admitted that the administration’s economic reforms pushed more Nigerians into poverty, while insisting that the country has recorded marked
Read moreThe Nigerian National Petroleum Company Limited (NNPC Ltd) says it incurred about ₦11.2 trillion in costs related to the protection of Nigeria’s oil and gas assets in 2025 on behalf
Read moreVice President Kashim Shettima has returned from India after pushing for stronger Nigeria-India trade, renewed crude purchases and wider investment cooperation at the BRICS summit.
Read moreAliko Dangote has questioned how Africa’s wealthy allocate their capital, arguing that investment in factories and productive businesses would have a greater economic impact than spending heavily on luxury assets.
Read moreThe return of triple-digit oil prices is creating a new opportunity for Nigeria while raising questions about fuel costs, government revenue and economic stability.
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