Nigerian state oil firm NNPC Ltd on Monday increased the price of petrol by 11%, the second increase in two weeks and a day ...

This action is being considered as a means of bringing about a rise in the dominance of local currencies ... official foreign exchange market. The Central Bank of Nigeria has been aggressive ...

We can't cook without stockfish." That's the verdict of women at the bustling Onyingbo market in Nigeria's commercial capital, Lagos, as they carefully choose pieces of the specially dried cod.

Co-Founder & Group Chief Executive Officer of Filmhouse Cinemas, Ken Okwuosa has posited that Nigeria has a powerful local market and the cinemagoers are spending heavily on watching local content ...

With its oil wealth, Nigeria should be awash with foreign currency ... restrictions shortly after taking office in May 2023. The local naira currency, pegged for years at an artificially high ...

In Nigeria, the revenue generated in the Cold & Cough Remedies market market in 2024 amounts to US$224.00m. It is projected that the market will experience an annual growth rate of 14.34% (CAGR ...

The number of large companies in Nigeria is an indicator of its overall economic performance. Not only do these organizations provide jobs for the local market, but they are also able to achieve ...

Inefficiency is the antithesis of a market economy, which ordinarily exists to ensure an even and efficient allocation of resources to achieve the optimum consumer benefits. Nigeria faces the ...

At the same time, however, Nigeria ... oil-dependent local economy, which has been marked by crisis and severe hardship in the recent term. Shell’s recent exit from the market will make the ...