Business & Economy

Imaan Sulaiman-Ibrahim, the Minister of Women Affairs and Social Development has repositioned Nigeria’s care economy as a strategic catalyst for inclusive growth, social protection and…
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Nigeria's ambition to quadruple its daily production of crude oil to three million barrels by 2030 is encountering increasing obstacles, and industry players are cautioning that the…
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Nigeria’s crude oil production gained a significant boost in April 2026, hitting 99.2 percent of its production quota of 1.5 million barrels per day approved by the Organisation of the…
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The Central Bank of Nigeria has begun efforts to improve governance standards and regulatory oversight of Nigeria’s non-interest financial sector with concerns over compliance risks;…
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Oil prices edged higher in Asian trade on Monday after U.S. President Donald Trump rejected Iran's conditions for ending the war in the Middle East, sparking fresh fears of prolonged…
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The country's main seaports in Lagos have received no fewer than 12 ships carrying fuel, crude oil, fertilizer, and other necessities, indicating higher import activity and better cargo…
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The cost of refined petroleum products in international markets has been pushed up by a sharp rise in global crude oil prices and this could put renewed pressure on petrol prices in…
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Nigeria and other developing nations are facing an increasing financial crisis as revenue from the production of natural resources decreases and help from wealthier countries wanes.…
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43Nigeria’s economy is showing early signs of a turnaround, with output now growing faster than population growth – a development that could herald the beginning of sustained poverty…
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The cost of the United States’ ongoing military campaign against Iran has reached an estimated $25 billion, highlighting the scale of the escalating conflict between the two countries.…
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