The President of the African Development Bank (AfDB), Dr Akinwumi Adesina, has warned that Nigeria is facing a deeper economic regression than many realise, stating that with a current GDP per capita ...

Venturing into the intricate world of African venture capital, Nigeria emerges as a beacon of financial innovation and growth, providing a fascinating backdrop to the unfolding narrative of Q3 2023.

In Nigeria, family-owned businesses remain a cornerstone of the economy, contributing roughly 70% of GDP and employing millions nationwide. Within this landscape, some of the country’s most successful ...

Nigeria’s equities market closed 2025 on one of its strongest notes in nearly two decades, with the NGX All-Share Index delivering a 51.19% year-to-date gain, its best performance in 18 years. The ...

In Nigeria’s ever-shifting economy, one constant has quietly underpinned growth: family-owned businesses. For decades, they have been ingrained in society, shaping the country’s economic trajectory ...

The United States Department of State revoked more than 100,000 foreign visas in 2025, setting an all-time record and more than doubling the 40,000 visas withdrawn in 2024. The figures were disclosed ...

The Apapa Command of the Nigeria Customs Service (NCS) seized 25.5 kilograms of cocaine aboard the Brazilian vessel MV San Anthonio during an intelligence-led inspection at the Lagos port. The ...

Nigeria’s total public debt has climbed to N152.40 trillion as of June 30, 2025, up from N149.39 trillion at the end of March. This is according to the latest figures from the Debt Management Office ...

Nigeria has a huge housing deficit. The demand for affordable homes far outstrips supply. In an Economic and Financial bulletin dated December 2019, The Central Bank of Nigeria (CBN) states that “a ...

Nigeria’s crude oil exports are projected to decline by about 14% in March, as scheduled loadings for four key grades fall to roughly 793,000 barrels per day (bpd). The projection is based on ...

The U.S. dollar is one of the most valuable currencies in the world, with its main competitor in the global markets being the Euro. However, there are some currencies that outperform the USD despite ...

First HoldCo Plc has announced that First Bank of Nigeria Limited (FirstBank) has successfully met the Central Bank of Nigeria’s (CBN) minimum regulatory capital requirement of N500 billion, ...