Nigerians are groaning under the hardship caused by inflation. The price of filling a 5kg cylinder of cooking gas increased by 10%, while 12.5kg increased by 32.5%.
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Apply: ITF set to admit 100,000 artisans into its free Skill Up programme
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Nigeria makes history as firm unveils first-ever Nigerian container ship, maps Out new route
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Nigeria ranked among 10 African countries with weakest currencies amid recent naira gains
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Good news for Student Entrepreneurs as FG partners BoI to launch N50 million fund, details emerge
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Traders quote dollar at new rate as naira appreciates, exchange rate gap narrows further
Economy Latest News
Yen slides ahead of Bank of Japan policy decision
The yen fell against the dollar ahead of a Bank of Japan decision Tuesday, with officials expected to hold interest rates steady but tweak their bond purchase policy.
Ecuador pipeline burst stops flow of crude
Ecuador's state energy company said it stopped pumping oil through the country's main pipeline Monday due to a rupture in a section running through the Amazon. In a statement issued Monday night, the company said it doesn't immediately foresee shutting down oil wells.
Despite law, US TikTok ban likely to remain on hold
US President Donald Trump is widely expected to extend the Thursday deadline for TikTok to find a non-Chinese buyer or face a ban in the United States. Trump has repeatedly downplayed risks that TikTok is in danger, saying he remains confident of finding a buyer for the app's US business.
OpenAI wins $200 mn contract with US military
The US Department of Defense on Monday awarded OpenAI a $200 million contract to put generative artificial intelligence (AI) to work for the military.
G7 leaders urge Trump to ease off trade war
World leaders at the Group of Seven summit in Canada on Monday tried to push US President Donald Trump to back away from his punishing trade war that poses a risk to global economic stability. A source at the summit said that French President Emmanuel Macron urged the American leader to quickly end the trade conflict once and for all.
Expert predicts naira to US dollar rate as Israel-Iran conflict escalates
Earlier on monday, the IDF said it had identified missiles fired from Iran towards Israel. Amid the rising conflict, an expert has predicted the impact on the naira.
Naira reacts positively to Israeli-Iranian conflict, opens week strong against dollar
The Nigerian currency, the naira, opened the week strongly against the dollar, appreciating to N1,543 from N1,544 per dollar following the Middle East tension.
Court paper unravels Emefiele's salary and allowances as CBN Governor, overturns forfeiture of housing units
An appeal court has overturned the November 2024 ruling from a federal high court that ordered the forfeiture of several assets belonging to Godwin Emefiele.
List of countries buying Nigerian goods as exports hit over N20 trillion
The National Bureau of Statistics (NBS) has provided detailed breakdown of how Nigeria traded with the world, who is the biggest customers and product.
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