The 25 basis points hike by the Central Bank of Nigeria (CBN) monetary policy committee (MPC) resulted in a sell-off across both fixed-income and equity markets, as investors grapple with the implications of tighter monetary conditions....

The much-anticipated resumption of the Port Harcourt Refinery’s Old Wing, celebrated as a milestone in Nigeria’s drive for energy self-sufficiency, has been overshadowed by controversy following reports......

The Central Bank of Nigeria (CBN) will deploy every possible ‘orthodox’ strategy to tame inflation, Governor Olayemi Cardoso said on Tuesday, with a firm assurance that ongoing monetary tightening measures......

The men with two of the world’s toughest jobs are reaping different fruits from far-reaching reforms implemented since they took on the reins of Nigeria and Argentina. Argentina’s reforms, anchored in economic prudence and fiscal discipline...

The Nigerian economy faces mixed consequences from the Central Bank’s 25 basis-point interest rate hike on Tuesday, with clear winners and losers emerging. While higher rates are a powerful tool for taming inflation...

Gbemisola Ademola, a 44-year-old mother of five children, could stock up food items for the month and buy clothing and other household items last year....

In a market survey, BusinessDay found that the price of a 5-litre keg of palm oil rose to N11, 000 this month from N5,000 obtained in November 2023, indicating a 120 percent increase over the period....

Corruption remains a persistent challenge in Nigeria, shaping governance, public trust, and inclusive development. The 2023 report, the third in the series of Nigeria Corruption Survey......