UAC of Nigeria Plc, a conglomerate and manufacturer of food products, defied economic woes in 2024 by recording its highest profit of ...

The Nigeria Extractive Industries Transparency Initiative (NEITI) has stated that Nigeria requires an estimated $200 billion ...

The most recent news from Nigeria and across the world is available at The News Chronicle. The News Chronicle provides the ...

Recently, the Naira has appreciated to ₦1,640 per dollar in the parallel market, strengthening from ₦1,655 recorded on Monday ...

Some of the reforms put in place by Olayemi Cardoso, governor of the Central Bank of Nigeria, are starting to pay off as ...

The Nigerian naira surged to an eight-month high of 1,474.78/$ on Friday, driven by fiscal and monetary policies that have reduced demand for the U.S. dollar.  This marks a notable improvement ...

Despite Nigeria's efforts to increase local production of petroleum products, over five billion liters of PMS and diesel were ...

In a recent development, movie producer Stanley Ontop alleged that Lil Smart was arrested by unknown individuals in Lagos ...

Stanley Ontop, in a post on his Instagram page, called out Naira Marley , alleging that Lil Smart had been illegally arrested over five days ago in Lagos.

ShareCiting the country’s increased capacity for refining crude oil and subdued import demand, occasioned by the devaluation of the naira, analysts at FBNQuest Research have said that they anticipate ...

Vice President Kashim Shettima on Thursday said Nigeria’s women will play a pivotal role in achieving Africa’s projected $29 ...

Nigeria recorded constant currency growth of 35% in Q3. East Africa and Francophone Africa also showed strong performances with growth rates of 23% and 10.2%, respectively. Investments in financial ...