Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against President Bola Tinubu over “the failure to probe the...
Nigeria’s inflation rate surged further in January, reaching nearly 30% in annual terms, owing to rising food prices and the country’s naira falling to record lows....
Nigeria is proposing that gas producers sell gas to local power plants in naira to ease dollar shortages following a second currency devaluation in less than...
Contracts distribution to third party Bayer has announced that it is shutting down its operations in Nigeria, Africa’s largest economy as it re-strategises its operation on...
Dangote refinery, the newest oil refinery in Nigeria, has expressed interest in buying two million barrels of crude from the United States of America in a...
Unilever Nigeria says it has halted manufacture and sales of home care and skin cleaning products, Sunlight, Omo and Lux, 10 months after announcing plans to...
NNPC Limited is expected to supply four crude cargoes from its February programme to the $20 billion Dangote refinery, which is poised to begin operations after...
Nigerian Breweries, Nestle Nigeria and other leading companies in the West African country have lost about N472 billion to the dip in local currency, the naira,...
Nigerian stocks climbed 2.04% on Wednesday, extending gains for the second session in 2024 after banks, consumer goods and oil shares gained, LSEG data showed. The...
The Nigerian naira is the third worst-performing currency in the world behind the Lebanese pound and the Argentine peso among the 151 currencies tracked, Bloomberg said....