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Finance & Economy - Page 2

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Finance & Economy

Top 10 African Countries With Highest GDP Growth Rate

The Gross Domestic Product (GDP) growth rate is a vital economic indicator with far-reaching implications for a country’s prosperity. GDP is an estimate of the total value of finished goods and services
Read More
Victor Ezeja
June 6, 2025
Naira Further Appreciates At Official Market
Business·Currency·Markets

Naira Further Appreciates Across Official, Black Markets

Nigeria’s currency, the naira, maintained a positive outlook, strengthening further across official and black markets on Wednesday, 4 June. The Central Bank of Nigeria (CBN) data on exchange rate showed that the
Read More
Victor Ezeja
June 4, 2025
Fuel Stations To Increase Petrol Price To Over N700, Oil Marketers Give Reasons
Business·Oil & Gas

PMS, Diesel Price Hike Looms As Govt Pushes For 5% Road Use Charge

As the Federal Ministry of Works and the House of Representatives push for the implementation and remittances of a five per cent road user charge to be factored into fuel and diesel
Read More
Victor Ezeja
June 4, 2025
Nestlé, Livestock Ministry Partner To Launch Dairy Skills Development Programme 
Agro-Economy

Nestle, Livestock Ministry Partner To Launch Dairy Skills Development Programme 

Nestlé Nigeria has joined forces with the Federal Ministry of Livestock Development to launch a Dairy Technical Skills Development Programme. The initiative aims to enhance the quality and volume of milk production
Read More
Victor Ezeja
June 3, 2025
Naira Further Appreciates At Official Market
Business·Currency·Markets

Naira Appreciates Against Dollar Across FX Markets

The Nigerian naira began the new week of the new month of June on a positive note, recording significant appreciation across foreign exchange market windows. At the official market, the Central Bank
Read More
Victor Ezeja
June 3, 2025
Currency In Circulation Hits N5.01trn As 91.2% Of Cash Remains Outside Banks
Business·Finance & Economy

Currency In Circulation Hits N5.01trn As 91.2% Of Cash Remains Outside Banks

Currency in circulation (CIC) in Nigeria rose marginally by 0.24 per cent from N5.003 trillion in March to N5.015 trillion in April 2025. The increase reflects a continued build-up of liquidity in
Read More
Victor Ezeja
June 2, 2025
LCCI Highlights Eight Things Tinubu’s Govt Must Do To Strengthen Nigeria’s Economy
Business·Finance & Economy

LCCI Highlights Eight Things Tinubu’s Govt Must Do To Strengthen Nigeria’s Economy

As President Bola Tinubu’s administration marks its second anniversary, the Lagos Chamber of Commerce and Industry (LCCI) has recommended eight things the Federal Government must do to create a better business environment
Read More
Victor Ezeja
June 2, 2025
Naira Vs Dollar: What To Expect This Week (2nd - 6th June 2025) 
Business·Currency·Markets

Naira Vs Dollar: What To Expect This Week (2nd – 6th June 2025) 

The Nigerian naira ended last week on a relatively stable note at the official segment of the foreign exchange market. It concluded the month of May with a N16.03 against the United
Read More
Victor Ezeja
June 2, 2025
Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, June 13th 2025
Business·Currency·Markets

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 2nd June 2025

What is the dollar-to-naira exchange rate on the black market, like the Aboki Fx? The exchange rate for the US dollar (USD) to Nigerian naira (NGN) in the parallel market, also known
Read More
Victor Ezeja
June 2, 2025
Dangote Refinery Is A Model For Africa’s Industrialisation – ECOWAS
News·Oil & Gas

Dangote Refinery A Model For Africa’s Industrialisation – ECOWAS

The Economic Community of West African States (ECOWAS) has described the Dangote Petroleum Refinery as “beacon of hope” for Africa’s industrial future. President of the ECOWAS Commission, H.E. Dr Omar Alieu Touray, made
Read More
Victor Ezeja
June 2, 2025
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