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Nigeria's foreign exchange market experienced a 22% increase in trading activity in June, according to a recent report. This surge was attributed to both spot and derivatives trading.
The banking sector's average maximum lending rate has decreased to 34.78% following a slight reduction in the Monetary Policy Rate by the Central Bank of Nigeria. This change may positively impact borrowing costs for consumers and businesses.
The Dangote Refinery is highlighted as a key player in boosting Africa's economic growth. The article emphasizes its potential impact on the continent's industrial landscape.
Ogun State traders receive briefing on new tax reforms, including exemptions for low-income earners and digital payment options, aiming to boost national g
The National Revenue Service and CITN collaborate to deepen tax awareness and education in Nigeria, promoting voluntary compliance and national growth afte
Prof. Uche Uwaleke has praised the Central Bank of Nigeria's proposed HoldCo reforms, calling them a significant overhaul of the country's financial conglomerates. These reforms are expected to enhance the structure and efficiency of Nigeria's financial sector.
The ECOWAS Bank for Investment and Development has committed $268 million to Taraba State for renewable energy, agriculture, and industrial development. This investment aims to boost the state's economic growth and infrastructure.
Odu’a Investment Company Limited aims for N1tn in assets by 2030 with its new growth strategy, reporting N23.58bn Profit Before Tax for 2025.
Nigeria is encouraging foreign investment as states regain economic authority, aiming to strengthen regional economies. Customs supports this subnational trade diplomacy, which could position Nigeria as a regional commerce hub.
The Delta State Government is promoting its improved ease of doing business to attract investors. Extensive reforms have been implemented to enhance the local economy.
Dr. Tony Bello highlights cassava as Nigeria's most crucial crop for ensuring food security. He emphasizes the country's position as the world's largest producer of cassava.
Nigeria's crude oil exports generated N20.22 trillion in the first five months of 2026, marking a 29.5% increase. This growth was driven by higher prices despite lower export volumes.
Nigeria’s growing debt profile, now over US$51.8bn, fuels underdevelopment and poverty. Discover how debt servicing cripples essential sectors like healthc
Seplat Energy Plc wins Energy Company of the Year and Dividend Paying Company of the Year at the Nairametrics Capital Market Awards 2026, solidifying its m
NICA is urging for credit reforms and enhanced funding to boost Nigeria's industrialization efforts. The organization emphasizes the need for better access to credit to stimulate economic growth.
South Korea has committed $12 million to support Nigeria's micro, small, and medium enterprises by establishing a Skills Acquisition Centre in Abuja. This initiative aims to enhance skills development and address unemployment in the country.
Nigeria's real estate market has reached a significant value of $2.60 trillion, with residential properties being the primary driver. This growth highlights the increasing demand and investment opportunities in the sector.
One year after landmark reforms, Nigeria’s National Revenue Service (NRS) reaffirms commitment to strengthening voluntary tax compliance through taxpayer e
The article discusses how the digital era has transformed the concept of wealth, influenced by technology and data-driven economies. It explores the implications of these changes on society and individual affluence.
Residents in Ogun State are experiencing better access to financial services due to eTranzact's expansion of PocketMoni. This initiative aims to enhance financial inclusion in the region.
Tantita's pipeline monitoring is helping to reduce the negative effects of falling oil prices on government revenue. Brent crude prices have dropped to $71.92 per barrel, but the company's efforts are providing some financial relief.
Nigerian soldiers, in collaboration with the Benue State Civil Protection Guard, foiled a terrorist attack at Tor Donga Yam Market, killing two suspects.
Import restrictions on textiles are threatening Nigeria's N17 trillion fashion and furniture industries, potentially putting 10 million jobs at risk. The Centre for the Promotion of Private Enterprise is urging the Senate to reconsider the ban in favor of competitiveness reforms.
Kehinde Onasanya, the former Head of Service in Ogun, encourages diaspora indigenes to invest in Ogun State, emphasizing its economic potential. He highlights the state's growth and business opportunities available for investors.
SMEDAN has secured $12 million in funding from South Korea to establish a Skills Acquisition Centre and has launched a N500 million zero-interest Grow Fund for Nigerian MSMEs. This initiative aims to empower small businesses and enhance skills development in the sector.
The troops engaged the attackers in a fierce gun battle, neutralising two suspected terrorists identified as Dantaraba and Golozo. The post Troops foil terrorist attack, recover arms at Benue yam market appeared first on Premium Times Nigeria.
Radiant diGiLog, an AI-powered workforce management and employee productivity platform has been introduced across multiple markets including Nigeria, the United read more Radiant diGiLog rolls out AI platform to boost global workforce productivity
Kwari Market is kept alive by the resilience, adaptation, and determination of thousands of traders and workers who depend on it daily. The post #ArewaEconomy (2): How Kano’s largest textile market remains afloat despite rising costs, shrinking demand in Nigeria appeared first ...
Traders have assured Nigerians that tomato prices may start to decline from August. This positive outlook was shared by Mr. Rabiu Zuntu, the Kaduna State Chairman of TOPAN.
Nigeria's gas distributors urge immediate action to boost domestic gas usage, criticizing ongoing debates. They call on policymakers and investors to implement effective strategies for improvement.