Economy

Snapchat’s parent company, Snap Inc., has announced plans to lay off about 16% of its global workforce, affecting…

Nigeria’s rising federation revenue has come with a hidden cost. Although total earnings hit about…

The naira appreciated to N1,348 per dollar on Tuesday in the official foreign exchange market, marking a mild but…

Nigeria’s economic outlook has taken a cautious turn as the International Monetary Fund (IMF) reduced the country’s…

The Nigeria Revenue Service (NRS) has been urged to embrace technology and strengthen institutional efficiency to…

President Bola Tinubu is expected to sign the ₦68.323 trillion 2026 national budget at any moment after it was…

Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Wale Edun, is heading into the 2026 Spring…

Nigeria’s crude oil production recorded a slight improvement in March 2026, rising to 1.38 million barrels per day…

Ghana’s export earnings in 2025 were heavily dominated by a small group of international partners, with the United…

Asia-Pacific markets closed mostly higher on Tuesday as investors held onto cautious optimism that a diplomatic…

In a historic shift for Nigeria’s energy sector, the Dangote Petroleum Refinery & Petrochemicals recorded a…

Nigeria is stepping up efforts to boost public revenue by targeting wealthy individuals through a data-driven tax…

Global financial markets ended the week on a mixed but cautiously optimistic note, as stocks rose across major…

The Central Bank of Nigeria (CBN) has stepped up efforts to regulate the fast-growing digital finance sector,…

The Federal Government has reached the final stage of preparations for the Medium-Term National Development Plan…

Nigeria’s cash held outside the banking system declined slightly in February 2026, falling by 0.058% to N5.20…

The International Monetary Fund (IMF) is preparing to revise down its global economic growth forecast, warning that…

An energy economist, Ken Ife, has strongly criticised the World Bank’s recommendation that Nigeria should deepen…

The Federal Government of Nigeria has reduced import tariffs on crude palm oil by 17 per cent, a move aimed at…

Nigeria’s insurance industry is entering a new phase of stricter regulation as recent tax reforms redefine how…

Intra-African trade is projected to reach $230 billion by 2026, driven largely by the accelerated implementation of…

The World Bank has revised Nigeria’s economic growth forecast for 2026 downward to 4.1 percent, reflecting…

The World Bank has raised concerns over Nigeria’s N4tn bond programme designed to settle long-standing debts owed…

Nigeria’s power sector contributed N62.12 billion in Company Income Tax in 2025, according to the National Bureau…

Nigeria faces a rising inflation threat as global oil prices surge, the World Bank has warned. In its latest…

Nigeria’s revenue growth in 2025 is impressive on paper, but the World Bank has highlighted a growing fiscal leak…

Ghana’s economy is showing signs of recovery, according to a recent report by S&P Global Ratings, which…

The Federal Government’s renewed approval of N3.3tn to settle long-standing power sector debts has ignited fresh…

Nigeria has marked a historic turning point in its economic landscape, as non-oil revenue now accounts for 75 per…

Nigeria’s federal revenue landscape is undergoing a historic transformation, with tax and non-oil income…