Foreign capital imported into Nigeria’s telecommunications sector fell to a four-year low of $7.24m in the first quarter of 2026, despite the 50 per cent tariff increase approved for operators
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Central Bank of Nigeria (CBN) has increased the maximum foreign exchange remittance for tuition payments by Nigerian students studying abroad to $25,000 per semester, up from the previous cap of
Nigerian National Petroleum Company Limited (NNPC Ltd.) reported a sharp rise in revenue and profitability in April 2026, driven by higher crude oil
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Nigeria imported £1.1 billion worth of refined oil from the United Kingdom in 2025, underscoring its continued reliance on foreign petroleum products despite efforts to expand local refining capacity
Dangote Refinery has cut the depot price of Automotive Gas Oil (AGO), commonly known as diesel, by N200 per litre.
President Bola Tinubu’s daughter, the Iyaloja-General of Nigeria, Mrs Folashade Tinubu-Ojo, on Wednesday threatened a protest over the outcome of the recently held All Progressives Congress
Honourable Minister of Interior, Dr. Olubunmi Tunji-Ojo, has reaffirmed the Federal Government’s commitment to transformative reforms aimed at enhancing efficiency, strengthening internal
The Monetary Policy Committee of the Central Bank of Nigeria on Wednesday retained the benchmark Monetary Policy Rate at 26.5 per cent at the end of its 305th meeting.
The Office of the Tax Ombud has unveiled its official website, launched a taxpayer call centre, and deployed a digital case management portal in a move aimed at strengthening accessibility, transparency, and trust in Nigeria’s tax administration system.
Central Bank of Nigeria (CBN) says 63.3% of Nigerians want interest rates reduced, according to its April 2026 Inflation Expectations Survey Report, ahead of the Monetary Policy Committee (MPC) meeting scheduled for May 19–20.
While the United States and Iran have yet to agree on terms to reopen the strategic Strait of Hormuz, about…
African leaders, business executives and global investors gathered in Kigali on Thursday for the Africa CEO Forum 2026, with renewed calls