ECONOMY

Supply Crunch Spurs Crude Oil Market to Two-Month High - The crude oil market jumped further on Thursday, supported by growing fuel demand and a draw in US crude inventories just...

Nigerian Naira Weakens by 0.12% at Official Window - The Nigerian Naira weakened against the US Dollar at the Investors and Exporters (I&E) segment of the foreign exchange (forex) market on...

Nigeria Raises $4bn through Eurobonds - In what is a signal of investor confidence in its economy despite headwinds, Nigeria has raised $4 billion through Eurobonds, an amount that was raised...

Nigerian govt to use technology to tax digital transactions - The government of President Muhammadu Buhari says it will deploy technology to tax all digital transactions carried out across Nigeria in...

Nigeria records N817.35b trade in agricultural products in Q2 - The Federal Government of Nigeria recorded N817.35 billion trade in agricultural goods in the second quarter 2021, it was learnt Monday....

Nigerian Govt gets N2.336tr from sale of imported fuel - The Nigerian National Petroleum Corporation (NNPC) on Monday said its subsidiary, Products Marketing Company (PPMC), realised N2.336 trillion from sale of...

Nigeria’s VAT controversy heightens North/South divide - The raging battle for the control of Value Added Tax (VAT) proceeds between some states governments and the Federal Government has further exposed the...

Obasanjo: Borrowing and accumulating debt for next generations is criminal - Former President of Nigeria, Olusegun Obasanjo, has frowned at the way the Federal Government is taking loans. According to...

Naira Sells N413.07/$1 at I&E, N570/$1 at Black Market - As observers await a possible policy action from the Central Bank of Nigeria (CBN) on Friday just like it happened on July...

Nigerian start-up adds $26.5m to Africa’s $1.19b fund - NIGERIA has continued to be the destination of start-up capital. The country has added $26.5million to Africa’s $1.19billion secured in the first...