Electronic payment transactions in Nigeria rose to N284.9 trillion in the first quarter of 2025 as more Nigerians go cashless. According to the data released by the Nigeria Inter-Bank Settlement ...

Prices of cowpea and beans in Nigeria have dropped significantly in 2025, with a 100kg bag now selling for between N80,000 and N120,000, down from a peak of N240,000 in 2024. The President of Cowpea ...

The National Drug Law Enforcement Agency (NDLEA) has launched a new electronic platform that will digitize the processing of drug integrity tests and visa clearance certificates across the country.

The Central Bank of Nigeria (CBN) has raised concerns that the continued rise in input costs across major sectors may trigger a new round of consumer price inflation, as businesses struggle to absorb ...

Nigeria’s Central Bank Digital Currency (CBDC), eNaira, makes up less than 1% of the total currency in circulation as of March 2024, almost three years after it was launched. Nigeria’s Central Bank ...

The absence of a Federal High Court judge has stalled the hearing of a preliminary objection filed by Senator Natasha Akpoti’s legal team against a cybercrime charge brought against her by the Federal ...

The Debt Management Office (DMO) reports that the federal government’s domestic debt stock by instrument reached N66.957 trillion by the first half of 2024, marking an 8.74% increase from N61.578 ...

The Nigeria Labour Congress (NLC) has condemned the Federal Government’s directive enforcing the “no work, no pay” policy on striking university lecturers, emphasised that the union’s position remains ...

“Geregu Power Plc and Siemens Energy have signed a Memorandum of Understanding to jointly develop solutions for capacity expansion at the Geregu power plant towards ensuring sustainable, resilient and ...

FBN Holdings Plc has announced the sale of its 100% equity stake in its wholly-owned subsidiary, FBNQuest Merchant Bank Limited to EverQuest Acquisition LLP. The sale and purchase agreement which ...

Nigeria’s economy is showing signs of resilience and recovery, with the World Bank projecting that the country’s public debt will drop below 40% of GDP for the first time in over a decade. This ...

Nigeria’s economy grew by 3.84% year-on-year in real terms in the fourth quarter of 2024, marking an improvement from 3.46% recorded in both the same period of 2023 and the preceding quarter. The ...