Economy

By Lucy Adautin Egypt has officially shifted away from using the US Dollar in trade, aligning with the BRICS de-dollarization strategy. It was among five countries that accepted an invitation to join the alliance during its...

By Lucy Adautin Nigeria’s headline inflation rate increased to 29.90 per cent in January 2024 from 28.92 per cent recorded in December 2023, the National Bureau of Statistics (NBS) said while revealing its Consumer Price Index...

By John Ikani As plans to implement the African Continental Free Trade Agreement (AfCFTA) continue to unfold, the Nigerian Content Development and Monitoring Board (NCDMB) has advocated the removal of visa restrictions among African nations, the...

By Emmanuel Nduka As at Thursday, February 8, 2024, Nigeria's official currency - Naira, crashed against the US Dollar to N1,479.47/$1 at official rate. Against the British Pound, the Naira slumped to N1,824.82/£1, while against the...

By Lucy Adautin TotalEnergies plans to exit Nigerian onshore oil, following Shell,  as it aims to offload its minority stake in a significant Nigerian onshore oil joint venture, CEO Patrick Pouyanne announced, following Shell's (SHEL.L) divestment...

The Senate Committee on Local Content on Wednesday held the first interactive session with the leadership of the Nigerian Content Development and Monitoring Board (NCDMB) at the Senate Building at Abuja and resolved to collaborate and...