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International, national news from Nigeria, business, sports, arts and entertainment
BUSINESSDAY'S Inflation Nowcast estimates headline inflation at 15.9 percent in June, with a likely range of 15.7 to 16.1 percent, ahead of the National Bureau of Statistics' official release on July 15. If confirmed, the figure would be...
NIGERIA HAS granted Shell Plc a production-linked tax credit for a deepwater oil project, an incentive that may be extended to other major oil companies as Africa's biggest crude producer works to reverse years of declining output,...
FOR YEARS, Plateau and Benue states—two of Nigeria's major food-producing states—have witnessed recurring attacks by armed groups, leaving behind a trail of deaths, displacement and destruction. Beyond the heavy human toll, the violence has...
STANDARD CHARTERED has lowered expectations for interest rate cuts in Nigeria this year, warning that persistent inflationary pressures and elevated inflation expectations will likely force the Central Bank of Nigeria (CBN) to maintain a...
THE NAIRA weakened slightly in the official foreign exchange (FX) market on Tuesday after Dangote Petroleum Refinery began selling petroleum products in dollars, a move that has heightened demand for foreign currency and raised concerns...
