Economy

In May 2025, the naira appreciated against the US dollar in the official market, closing at N1,585.50/$1 on Friday, 30...

President Bola Tinubu has welcomed Moody’s Investors Service’s recent upgrade of Nigeria’s long-term foreign-currency issuer rating from Caa1 to B3...

Global credit ratings agency Moody’s has upgraded Nigeria’s sovereign rating from Caa1 to B3, highlighting substantial progress in the nation’s...

The U.S.-China trade negotiations have hit a standstill, with officials anticipating that a breakthrough may require direct intervention from Presidents...

The Federal Government has reaffirmed its commitment to Africa’s economic development with a fresh contribution of $500 million to the...

The Federal Government says it is moving toward a self-financing infrastructure model that will see major national projects like ports,...

The Tinubu administration’s tough-love economic reforms, fuel subsidy removal, exchange rate unification, and electricity tariff adjustments have made life more...

The Director-General of the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), Charles Odii, has said the organisation secured...

President Bola Ahmed Tinubu has signed a new Executive Order aimed at reducing project costs, boosting investment, and increasing revenue...

Currency held outside Nigeria’s banking system declined for the second time in 2025, falling to N4.57 trillion in April from...