Economy

By Emmanuel Nduka Goldman Sachs economists has predicted that Nigeria’s naira could extend gains that have already made it the best-performing currency in the world in April, provided the country's current economic team stay on track....

By Emmanuel Nduka Crude oil production in Nigeria has recorded its second consecutive drop this year, from the previous 1.32 million barrels per day in February to 1.23 in March. This is according to data from...

By Lucy Adautin The Public Company Accounting Oversight Board (PCAOB) has issued KPMG Netherlands with sanctions, including a $25m (£20m) financial penalty over violations of rules and standards relating to the firm’s internal training programme and...

The Nigerian Content Development and Monitoring Board (NCDMB) was on Monday in Abuja commended for maintaining first position among ministries, departments and agencies (MDAs) in the Half Year Executive Order (EOI) Compliance Report by the Presidential...

By Lucy Adautin Despite nationwide power supply challenges, Nigeria's electricity Distribution Companies (Discos) saw a surge in revenue, totaling an extra N62.63 billion in the last quarter of 2023 compared to Q4, 2022. Recent figures released...

By Lucy Adautin A South Korean company, Ssangbangwool, that specializes in underwear, announced on Thursday, its initiative to offer employees up to $75,000 to address the country's declining birth rate. The company outlined a plan to...