Economy

The Nigerian naira continued its downward slide at the official foreign exchange market last week, weakening by 1.25% to close...

The naira edged up marginally against the dollar on Wednesday, appreciating by 0.16% to close at ₦1,530.52/$ from ₦1,532.93/$ in...

A majority of Nigerian households believe that a reduction in lending rates would be the best course for the economy,...

Nigeria’s Asset Management Corporation (AMCON) has revealed that it has recovered over N2.1tn in bad debts since its inception, despite...

Despite positive GDP growth, analysts say structural reforms are critical to achieving long-term economic targets. Nigeria must undertake sweeping policy...

Financial Expert Applauds Currency Realignment Amid Market Gains Bismarck Rewane, Managing Director of Financial Derivatives Company, has praised the Central...

Nigeria's Special Economic Zones (SEZs), despite being among the most numerous in Africa, are underperforming compared to global standards, the...

Nigeria’s Debt Management Office (DMO) has announced the reissuance of N350bn worth of Federal Government Savings Bonds this February, as...

Nigeria's Special Economic Zones (SEZs), despite being among the most numerous in Africa, are underperforming compared to global standards, the...

Nigeria’s once-flourishing textile industry, a sector that once rivalled the government in job creation, has fallen into near ruin. But...