Nigeria’s FX Reserves Hit $41bn, Highest Since December 2021
Nigeria’s foreign exchange reserves have surged to $41.00 billion as of August 19, 2025, the highest in nearly four years,...
Business
Okonjo-Iweala Meets Tinubu, Hails Resilience of Nigerian Economy
Director-General of the World Trade Organization (WTO), Dr. Ngozi Okonjo-Iweala, today paid a courtesy visit to President Bola Ahmed Tinubu...
Tinubu Endorses Yobe’s Agricultural Empowerment Drive
President Bola Ahmed Tinubu GCFR has applauded the Yobe State Government for its substantial investment in agriculture, describing it as...
Afreximbank Seals $1B Investment Deals to Boost Key African Sectors
Afreximbank Secures Over $1 Billion in Investment-Ready Projects Across Africa at AAM2025 At the 32nd Afreximbank Annual Meetings (AAM2025), the...
Nigeria Records $6.83 Billion Balance of Payments Surplus in 2024 — CBN Hails Economic Rebound and Investor Confidence
CBN Attributes Surplus to Reforms, Robust Trade, and Diaspora Remittances The Central Bank of Nigeria (CBN) has reported a remarkable...
Trump orders halt on new pennies, calls it ‘wasteful’ spending
United States President Donald Trump announced on Sunday that he has instructed the Treasury to stop producing new pennies, citing...
Naira’s gains remarkable strength against dollar
The naira on Wednesday bounced back after three consecutive days of losses and appreciated at the official market, trading at...
President Tinubu praises NBS report as Nigeria’s GDP grows 3.2% in Q2 2024
President Tinubu has welcomed the latest report by the National Bureau of Statistics on the state of the economy, as...
Stock market bleeds N57 billion as selloffs persist
For the fourth consecutive session, the domestic bourse extended its losses by N57 billion, driven by selloffs in FBN Holdings,...
Minister faults inflation, high interest rates as UK economy plunges into recession
Britain is in recession, official data showed Thursday, dealing another blow to embattled Prime Minister Rishi Sunak, whose Conservative party...
