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Nigeria’s FX Market Turnover Falls 51% to $1.81 Billion as Dollar Trading Activity Weakens
Nigeria's foreign exchange market recorded a significant decline in trading activity, with total dollar transactions…
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Nigeria Moves to Expand Oil and Gas Reserves as Drilling Activities Rise Across the Country
The Federal Government has renewed efforts to strengthen Nigeria's oil and gas industry, with plans…
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Power Supply Improves in Lagos and Other Areas as FG Restores Critical 330kV Transmission Line
Electricity supply has improved in parts of Lagos, Ogun, Oyo, Kwara and the Federal Capital…
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Nigeria Faces New Food Security Risks as El Niño Threatens Crop Yields and Raises Farming Costs
Nigeria's agricultural sector could face additional pressure as the developing El Niño weather phenomenon threatens…
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Nigeria Faces Rising Debt Pressure as Servicing Costs Could Consume 72% of Revenue by 2030
Nigeria's public finances could face significant pressure over the coming years, with the Debt Management…
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Enugu Air Announces London Flights From December 10, Strengthening Nigeria–UK Travel Connections
Enugu Air has announced plans to introduce international flight services between Enugu and London Gatwick…
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Nigerian Stock Market Drops 2.13% as Investors Turn Cautious Amid Economic Uncertainty
The Nigerian stock market recorded a difficult trading week as the Nigerian Exchange All-Share Index…
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Dangote Cement Profit Surges to ₦975 Billion as Revenue Hits ₦3.77 Trillion
Dangote Cement Plc has delivered another strong financial performance, reporting approximately ₦974.8 billion in profit…
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Nigeria Seeks $500 Million World Bank Loan to Unlock $3.85 Billion Infrastructure Investment
The Federal Government is seeking a fresh $500 million financing facility from the World Bank…
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Naira Gains 6.3% Against US Dollar as Nigeria’s Foreign Reserves Rise Above $55 Billion
Nigeria's currency has recorded an important improvement against the United States dollar, appreciating by 6.26%…
