Economy

United Bank for Africa Plc (UBA) has officially met the Central Bank of Nigeria’s (CBN) ₦500 billion minimum capital base...

The Central Bank of Nigeria (CBN) sold ₦2.71 trillion worth of Open Market Operations (OMO) bills at its auction held...

Nigeria is facing a worsening poverty crisis in 2026, with an estimated 141 million people around 62 % of the...

Just days after Nigeria’s ambitious new tax framework came into force on 1 January 2026, global advisory firm KPMG has...

The Naira resumed its decline on Thursday, January 8, 2026, after remaining stable for two days, trading at N1,478.99 per...

Nigeria’s power sector, already under pressure from financing and infrastructure challenges, has been dealt another economic blow by its own...

Joe Ajaero, president of the Nigeria Labour Congress (NLC), has faulted Nigeria’s new tax reform laws. According to him, workers...

With Nigeria planning to spend ₦58.18 trillion for 2026 Appropriation Bill, citizens and investors alike are watching closely to see...

Thunes, the Smart Superhighway to move money around the world, today announced a landmark collaboration with Sterling Bank, one of...

With less than 90 days to the recapitalisation deadline for banks in the country, 10 banks are under pressure to...

First HoldCo Plc has officially announced that its commercial banking subsidiary, First Bank of Nigeria (FirstBank), has successfully met the...

The Nigerian economy is showing signs of stabilisation following reforms initiated in 2023, including fuel subsidy removal and exchange rate...

The Nigerian Exchange Group (NGX) opened the week on a strong note as total equities market capitalisation crossed the ₦100...

The naira started the week on a bearish note, trading at ₦1,479 per dollar in the parallel market, a ₦3...

Bitget, the world’s largest Universal Exchange (UEX), has officially opened its TradFi trading suite to all users, following a private...