Business and Economy

Nigeria’s FX falls to $55.09bn, first drop in three months

Nigeria’s foreign exchange (FX) reserves fell marginally to $55.09 billion on October 14, ending a nearly three-month period of...
Nanji Nandang VENLEY -

Nigeria’s inflation eases to 14.63% in September, living costs remain high

NIGERIA'S inflation rate eased slightly in September, falling to 14.63 per cent year-on-year from 15.39 per cent in August,...
Nanji Nandang VENLEY -

‘Just N50 per litre’: Nigerians question FG’s 30-day petrol discount

THE Federal Government’s 30-day petrol price intervention has sparked questions over its potential to ease the cost-of-living crisis, particularly...
Nanji Nandang VENLEY -

FG proposes N1,350 petrol price ceiling, announces 30-day NNPC discount

THE Federal Government has proposed a N1,350-per-litre ceiling on the ex-gantry or landing cost of petrol to stabilise fuel...
Nanji Nandang VENLEY -
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Moove leaves N35bn worth of vehicles for drivers, quits Nigeria

MOOVE, the mobility company founded in Lagos, has announced plans to end its operations in Nigeria after six years,...
Mustapha USMAN -

Ghana opens direct yuan payment channel for China trade as banks cut dollar intermediaries

GHANA is expanding its financial infrastructure for trade with China, allowing eligible businesses to initiate yuan payments from their...
Mustapha USMAN -
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