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Economy
Ethiopia Secures Landmark $1 Billion Bond Restructuring Deal as Investor…
Ethiopia has taken a major step toward resolving its long-running debt crisis after reaching a preliminary…
FEC Approves $2.9 Billion Financing Package to Boost Transport, Agriculture, Power…
The Federal Executive Council (FEC) has approved a massive financing package worth approximately $2.96 billion,…
Flutterwave’s $50bn Milestone Signals a New Era for Africa’s Digital Payments…
Africa’s digital economy is entering a transformative phase, and Flutterwave’s latest milestone is offering a…
Nigeria Gas Flaring Rises 8% as Global Waste of Natural Gas Hits Six-Year High
Global gas flaring surged to its highest level in six years in 2025, with Nigeria recording an eight per cent…
US Demand for Nigerian Goods Falls as Trade Deficit Hits N1.63 Trillion in Q1 2026
Nigeria’s trade relationship with the United States took a significant turn in the first quarter of 2026, as demand…
Nigeria’s Debt Servicing Swallows 72% of Revenue as Analysts Warn of Fiscal…
Nigeria's growing debt burden is raising fresh concerns among economic analysts after debt servicing costs consumed…
Economic Reforms Key to Nigeria’s Sustainable Growth, Says NGX Chairman
Nigeria’s journey toward sustainable economic growth depends heavily on the successful implementation of economic…
Stock Futures Surge as Tech Stocks Rebound Amid U.S.-Iran Ceasefire Agreement
U.S. stock futures climbed sharply on Monday as investors welcomed signs of renewed strength in technology shares…
US Treasury Yields Hold Steady as Investors Await Crucial Jobs Report
U.S. Treasury yields showed little movement on Monday as investors adopted a cautious stance ahead of a series of…
Exports to US fall by N366bn as imports surge
Nigeria’s trade relationship with the United States took a dramatic turn in the first quarter of 2026 as exports to…
FMDQ FX Market Turnover Jumps 22% to $2.84 Billion as Trading Activity Gains…
Nigeria's foreign exchange market recorded a significant boost in trading activity as total turnover on the FMDQ…
MPR: Analysts see MPC holding rates as election cycle begins
As Nigeria edges closer to the 2027 general elections, financial analysts are increasingly convinced that the…
Tax Compliance Key to Nigeria’s Economic Growth, Says Oyedele
Nigeria could witness unprecedented economic growth if it succeeds in improving tax compliance across the country,…
Ceramic Industry Investment Key to Nigeria’s $1 Trillion Economy Goal, Experts Say
Nigeria’s journey toward becoming a $1 trillion economy by 2030 could receive a significant boost from the ceramics…
Nigeria’s exports to East, Southern Africa hit N1tn
Nigeria’s exports to East and Southern African countries have crossed the N1 trillion mark for the first time,…
Treasury Yields Slip as Inflation Concerns and Middle East Tensions Keep Markets…
U.S. Treasury yields moved lower on Friday as investors closely monitored the latest inflation data and renewed…
Intra-African Trade Hits $213.8 Billion as AfCFTA Drives Regional Economic Growth
Africa's push for deeper economic integration is yielding positive results as intra-African trade climbed by 5.5…
Africa’s top 15 agro-exports driving trade growth
Africa’s agricultural sector is proving to be one of the continent’s strongest economic engines, with cocoa,…
Dangote refinery eyes $2bn in historic listing – Report
Africa’s largest refinery is preparing to make history as Dangote Petroleum Refinery moves closer to a landmark…
Tinubu Urges Africa to End Raw Material Exports, Embrace Industrialisation for…
President Bola Tinubu has challenged African nations to break away from the decades-long cycle of exporting raw…
El Niño Threatens Nigeria’s Power Supply as Hydropower Generation Faces Major…
Nigeria’s electricity sector could be heading toward another period of instability as climate experts warn that the…
Nigeria’s Intra-African Trade Hits $9bn as AfCFTA and Policy Reforms Drive Growth
Nigeria’s trade with other African countries climbed to $9.02 billion in 2025, marking a significant increase from…
Analysts Predict Mixed Outlook for Nigerian Stocks in H2 2026
After an exceptional first half of 2026, Nigeria's stock market is entering a critical phase that could redefine…
Naira Suffers Sharpest Fall Since April as Dollar Strength Pushes Exchange Rate to…
Nigeria's currency came under renewed pressure on Wednesday, recording its sharpest single-day depreciation since…
FG Pushes African Cross-Border Payment Card to Boost Trade and Reduce Dollar…
The Federal Government has unveiled plans to champion the creation of an African cross-border payment card that…
ACCI Warns FG Against Tax Policies That Could Hurt Businesses as Nigeria Pursues…
As Nigeria intensifies efforts to build a $1 trillion economy, the Abuja Chamber of Commerce and Industry (ACCI)…
OMO Maturities Inject N3.39tn Liquidity into Nigeria’s Banking System, Drive…
The Nigerian financial system is set for a major liquidity boost this week, with an estimated N3.39 trillion…
MAN Seeks N1 Trillion Stabilisation Fund as Manufacturing Credit Plunges by 22.5%
Nigeria's manufacturing sector is facing mounting financial pressure after commercial bank credit to the industry…
Trump Orders Probe Into Alleged Petrol Price Gouging by Major Oil Companies
President Donald Trump has directed the US Department of Justice to investigate major oil companies over…
Nigeria Inflation Outlook Brightens as Analysts Predict Gradual Decline from July
Nigeria's inflation outlook is showing signs of improvement as financial analysts project a gradual easing of price…