Economy

Nigeria’s financial markets are undergoing a sharp recalibration as the Central Bank of Nigeria intensifies its…

The naira came under renewed pressure this week as weaker dollar supply in the foreign exchange market triggered…

Nigeria’s stock market has delivered one of its most dramatic wealth surges in recent history, rising from about…

The price of petrol in Nigeria may soon see a major relief, with industry operators suggesting that Premium Motor…

Global oil prices fell sharply on Monday while stock markets surged after the United States and Iran announced a…

Nigeria’s Company Income Tax (CIT) collections recorded a notable decline in the first quarter of 2026, as new data…

Nigeria’s economy recorded a strong boost in non-oil revenue as Value Added Tax (VAT) collections climbed to N2.42…

The United Kingdom has announced a £15 million Growth Programme for Nigeria, a strategic initiative aimed at…

Nigeria’s Value Added Tax (VAT) revenue has recorded a strong start to 2026, rising to N2.42…

The World Bank has revised Nigeria’s economic growth projection downward to 4.1% for 2026, warning that deep-rooted…

Nigeria is set to take a bold step toward its long-term economic ambitions with the launch of the New Nigeria…

Nigeria has recorded its strongest crude oil production performance in over a year, surpassing its Organisation of…

President Bola Tinubu is not Nigeria’s biggest borrower since Nigeria returned to democratic rule in 1999,…

Despite ongoing pressure on household budgets, Nigerians are beginning to believe that inflation may slow down in…

The Federal Government has reaffirmed its commitment to sustaining ongoing economic reforms following a positive…

The African Development Bank (AfDB) has pledged $86 million to support Nigeria’s Special Agro-Industrial Processing…

Improved foreign exchange liquidity in Nigeria, driven by sweeping economic reforms, is reshaping how Nigerians use…

Intra-African trade is on track for a major milestone in 2026, with projections indicating it could rise to $250…

Nigeria's business community showed renewed optimism in May 2026 as confidence levels improved significantly…

The Dangote Petroleum Refinery has reached a remarkable valuation of $39.1 billion as it moves to raise fresh…

Nigeria’s African Imports Hit N654.94bn in Q1 2026 as South Africa Tops Trade Partners Nigeria’s import trade with…

The Nigerian naira maintained a relatively stable position against the U.S. dollar, settling around N1,361/$ in…

Nigeria’s external debt is projected to rise sharply to $72.6bn by 2027, according to the International Monetary…

U.S. stock futures slipped early Wednesday as investors reacted sharply to escalating geopolitical tensions after…

The Central Bank of Nigeria stepped up its liquidity control measures on June 8, 2026, draining a massive N1.69…

Nigeria’s capital inflows have hit a new record under President Bola Tinubu, with $10 billion entering the country…

Nigeria’s manufacturing sector has suffered a steep setback in attracting foreign investment, with capital inflows…

The International Monetary Fund (IMF) has urged Nigeria to exercise caution over its proposed $5 billion Total…

Dangote Industries Limited has once again cemented its reputation as Africa’s most admired brand, retaining the top…

Nigeria has recorded a massive trade breakthrough in the first quarter of 2026, posting a trade surplus of ₦7.54…