Nigeria’s trade surplus shrank by 99.7 percent last year as imports surged to the highest in at least 16 years, a BusinessDay analysis of the latest foreign trade data shows.A

Only foreign borrowing can save naira, clear CBN debts – EIU International business research firm, Economist Intelligence Unit, has said that the Central Bank of Nigeria does not have the

Nigeria is poised to commence the official export of locally produced commodities to South Africa, Rwanda, Cameroon, and Kenya starting next month. This initiative falls under the Guided Trade Initiative

Heirs Energies, Africa’s leading integrated energy company, has announced a further expansion of its gas supply business, supplying the recently commissioned 188 MW power plant operated by Geometric Power Limited,

The productivity of the private sector of the Nigerian economy dropped markedly from 54.9 in January to 51.0 in February 2024. This was revealed by headline figure of the Purchasing

Nigeria’s national grid has struggled so far this year, presenting clear evidence of the rot that has worsened the blackouts being experienced by households and businesses across the country. The

The growing interest in investment migration globally and in Africa offers opportunities for Nigeria to increase foreign investment inflows to ease its foreign exchange liquidity challenges, experts have said. Investment