ECONOMY

NNPC Announces Senior Management Reshuffle: A Look at the New Faces - The Nigerian National Petroleum Company (NNPC) Limited, a cornerstone in Nigeria's oil industry, has recently announced a significant reshuffle...

Shakeup at Nigeria's Central Bank: Emefiele Steps Down, Cardoso Steps Up - Godwin Emefiele, the previously suspended governor of Nigeria's Central Bank (CBN), made headlines recently with his resignation. This pivotal...

Nigeria's Inflation Skyrockets in August, With Food Prices Leading the Charge - The latest data from the National Bureau of Statistics (NBS) paints a concerning picture for the economy. August...

Nigeria's Oil revenue rise by N188.71bn: should we celebrate or worry? - Hello to all my energy enthusiasts out there! 🛢️🌍 You won't believe the latest scoop in Nigeria's oil sector....

According to NBS, inflation in Nigeria has reached 25.80% - According to the Consumer Price Index data for August 2023 released by the National Bureau of Statistics on Friday, inflation...

Naira hits record low of N955 as dollar scarcity worsens - On Friday, the Naira hit a new low of N955 to the dollar due to rising demand for the greenback...

MAN reports 30 percent drop in cement sales due to naira redesign - Cement sales decreased by 30 percent during the peak of naira scarcity earlier this year, according to the...

Return of Profit Taking Drives NGX Index Down 0.06 Points, Led by Nestle and eTranzact - Due to increased profit-taking in the consumer goods sector, the Nigerian Exchange (NGX) Limited...

Oil surging above $100 per barrel, but Nigeria is nowhere to be seen - Oil prices increased again on Friday, on track for a third weekly gain, although Nigeria, Africa's...

Sales of electronic goods drops to seven-year low due to currency crunch - A recent report by a worldwide market research organisation predicts that as a result of the rising...