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One Acre Fund Nigeria has launched a program to provide credit support to 88,000 smallholder farmers in Nasarawa, Niger, Kwara, and Plateau states. This initiative aims to enhance agricultural yields and improve the livelihoods of local farmers.
The Federal High Court in Abuja has granted the Central Bank of Nigeria exclusive ownership of the eNaira digital currency platform. This decision reinforces the CBN's control over Nigeria's digital currency initiative.
Nigeria’s state oil firm NNPC has accused Dangote Petroleum Refinery of seeking to restrict competition and expose the country’s fuel read more Nigeria’s NNPC accuses Dangote refinery of seeking fuel monopoly in court filing
Recent tax reforms highlight a widening gap between states that can attract businesses and those reliant on FAAC funding. Productive states are set to gain more from these changes, emphasizing the need for economic diversification.
The Forex trading landscape in Nigeria has witnessed a remarkable surge in recent years, with more and more Nigerians seeking reliable and trustworthy brokers to navigate the complexities of the global financial markets. Amidst the sea of Forex brokers vying for the attention of ...
NNPC is raising concerns about a monopoly as Dangote pushes into the petrol market following the failure of state refineries. The company warns that its fuel import rights could be jeopardized by this competition.
Japan is set to receive its first crude oil shipment through the Strait of Hormuz since the outbreak of the read more Japan receives first Saudi crude cargo through Hormuz since Iran war
Nigerians are increasingly using Monica Cash for faster bitcoin to naira withdrawals amid rising demand for quicker settlement systems. The platform, operated by Monica Technologies Limited, is gaining traction in the digital asset market.
BMONI and Mastercard collaborate to offer Nigerians instant access to Naira and USD virtual and physical cards, simplifying local and cross-border transact
Morocco recorded a sharp rise in inflation in April as higher fuel and transport costs linked to tensions in the read more Morocco inflation climbs to 1.7% on rising transport, fuel costs
Nigerian Breweries Plc says it is prioritising local currency funding and aggressively reducing foreign exchange exposure after the naira volatility of read more Nigerian Breweries to prioritise local currency funding after recovering from FX crisis
The judge agreed with the CBN and other defendants' arguments that though the company had been incorporated since 2004, it had a misleading name. The post Court orders company to drop ‘Naira’ from its name appeared first on Premium Times Nigeria.
The memo further announced the suspension of the allowance due to the university’s worsening financial situation.
Global oil markets are experiencing unprecedented supply disruptions, leading to a significant decline in inventories. This situation could have far-reaching implications for economies reliant on oil exports.
BUA Cement's Chairman, Abdul Samad Rabiu, attributes the rising cement prices in Nigeria to increased energy and transport costs. This highlights ongoing challenges in the construction sector.
West African factories require more than just reliable power to enhance their competitiveness against emerging markets. Policymakers need to address various factors to close the industrial gap effectively.
Nigeria's trade surplus surged to $480 million in January 2026, marking a significant 220% increase from the previous month. This growth was largely attributed to a rise in export receipts, particularly from petroleum products.
Nigeria's new yield trade is attracting investors to commercial paper, enhancing its role in the fixed-income market. This shift indicates a growing confidence in alternative investment avenues within the country.
Jigawa butchers anticipate a significant hike in Eid-el-Kabir slaughter and meat processing fees due to rising transportation costs and inflation. Find out
The Nigerian Naira maintained its steady momentum against the United States Dollar in the early hours of Friday, May 22, 2026, demonstrating continued stability across both the official window and the informal parallel market segments. The post Dollar to Naira exchange rate today...
The Naira has depreciated to N1,387 per dollar in the parallel market, a decline from N1,380 per dollar. This marks a continuing trend of currency depreciation in Nigeria's foreign exchange market.
Vice President Kashim Shettima praised President Tinubu for unlocking Nigeria's economic potential. He emphasized the country's openness to business and strategic partnerships, particularly with Poland in sectors like digital economy and defense.
Dr. Ifeanyi Okeke emphasized the importance of an accurate measurement system for Nigeria's industrialization and global competitiveness. He stated that without this, the country's goals cannot be achieved.
A report reveals that the current government has accumulated more debt in two years than Nigeria did in 55 years. It calls for a fiscal emergency due to the alarming debt service-to-revenue ratio.
Nigeria LNG Limited's Train 7 project is seen as a significant driver for local content development and industrial growth. The project has achieved over 120 million man-hours, highlighting its impact on the economy.
Dr. Abubakar Dantsoho emphasizes the need for modernized port infrastructure to drive economic growth in Africa. He advocates for aggressive reforms to enhance the efficiency of ports across the continent.
Nigerian traders are requesting improved visa access and enhanced trade opportunities from China to boost economic relations. This appeal aims to strengthen the partnership between Nigeria and China.
Nume Ekeghe CIBA Hospitality Limited has unveiled Terra Delyssa Extra Virgin Olive Oil, a premium Tunisian olive oil brand, in the Nigerian market as it seeks to deepen consumer access
By Prince OsuagwuNigeria’s data centre market is already valued at nearly $300 million, with analysts projecting explosive expansion over the next five years. Yet beneath the impressive numbers lies an uncomfortable truth: much of the country’s digital future still runs on in...
Kayode Tokede C&I Leasing Plc has announced a profit after tax of N3.9 billion for the financial year ended 31 December 2025, more than double the N1.6 billion recorded in