Economy

Unlicensed insurance agents across Nigeria are liable, upon conviction, to a six-month jail term. 

Foreign capital inflows into Nigeria’s banking sector rose sharply to $7.0 billion in 2024, the highest annual figure recorded since...

The Federal Government has secured a $25.35 million concessionary loan from the Kuwait Fund for Arab Economic Development to support...

The Nigerian telecommunications sector recorded $80.78 million in foreign direct investments in Q1 2025, representing a 58% decline year-on-year.  

Nigeria recorded total capital inflows of $5.64 billion in Q1 2025, a 67% increase from the $3.38 billion posted in...

President Bola Ahmed Tinubu has signed into law the Nigerian Insurance Industry Reform Act (NIIRA) 2025, a transformative piece of...

Capital inflows into Nigeria surged to $5.6 billion in the first quarter of 2025, representing a 67.12% increase compared to...

As inflation remains a persistent threat across African economies, several central banks have been forced to adopt aggressive monetary tightening,...

Nigeria and the Republic of Benin have commenced the implementation of a new economic cooperation agreement aimed at strengthening bilateral...

The Centre for the Promotion of Private Enterprise (CPPE) has commended the National Bureau of Statistics (NBS) for its recent...