The management of Dangote Petroleum Refinery has issued a formal note of appreciation to President Bola Ahmed Tinubu, senior ministers,
The Nigerian naira is currently overvalued by about 30%, according to a new report by Renaissance Capital (Rencap), making it
The Federal Government has moved to calm fears of fuel shortages, assuring Nigerians that the supply of refined petroleum products
Labour Ministry Moves to Stop Escalation of Industrial Dispute The Federal Government has summoned the leadership of the Petroleum and
Few unions in Nigeria command as much influence over the economy as the Petroleum and Natural Gas Senior Staff Association
Micro, Small, and Medium Enterprises (MSMEs) remain the backbone of Nigeria’s economy, contributing 46.3% to the country’s Gross Domestic Product
Despite strong market breadth and a surge in trading activity, the Nigerian Exchange (NGX) began the week largely flat, as
Fitch latest Ratings report has upgraded Nigeria’s Long-Term (LT) Foreign-Currency (FC) Issuer Default Rating (IDR) to ‘B’, from ‘B-‘ signifying
U.S. investment bank J.P. Morgan is urging investors to unwind long positions in Nigerian Open Market Operation (OMO) bills, warning
The World Bank has stated that Nigeria’s economic prospects are improving but the country’s economy is still fragile. This is
Nigeria is showing commendable economic resilience with a projected real GDP growth rate of 3.2 per cent in 2024, outperforming
The Nigerian economy, one of the largest in Africa, has been frequently disrupted by industrial actions across various sectors. These
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