Category: Economy

The Federal Government of Nigeria has launched a strategic review of tariff policies to strengthen local manufacturing, protect domestic industries,…

The Federal Ministry of Finance and the Ministry of Budget and Economic Planning have earmarked a combined N209.9 billion for…

Nigerian manufacturers are poised for a major boost in 2026 thanks to the implementation of the Nigeria Tax Act (NTA)…

Nigeria’s banks have cut loans to manufacturers and traders by N2.1 trillion in the first six months of 2025, highlighting…

Foreign exchange inflows into Nigeria’s FX market rebounded sharply in December, supported largely by increased dollar sales from the Central…

Nigeria may be on the verge of a major fiscal turnaround as new tax laws, effective January 1, 2026, seek…

The Federal Government has earmarked N1.7 trillion in the 2026 Appropriation Bill to settle outstanding payments owed to contractors for…

The Federal Government of Nigeria has announced a review of the country’s tariff framework in a bid to strengthen industrial…

President Bola Tinubu has projected that Nigeria’s current account balance will climb to $18.81 billion in 2026, up from $16.94…

President Bola Tinubu has praised the Nigerian Exchange Group (NGX) for surpassing the historic N100 trillion market capitalisation mark, calling…

Economic analysts and Bureau De Change (BDC) operators say Nigeria’s naira is well positioned for stronger gains and improved stability…

The Chairman of the National Tax Policy Implementation Committee, Joseph Tegbe, has described the Nigerian Tax Reform Acts 2025 as…

Nigeria’s 36 states are set for a major revenue boost in 2026, as a new Value Added Tax (VAT) sharing…

The naira reached a record high of N1,418.26 against the US dollar in the official foreign exchange market on Wednesday,…

Nigeria’s full implementation of sweeping tax reform laws is ushering in a new compliance era for businesses, with payroll, Value…

Nigeria’s foreign investment landscape received a significant boost in 2025, with combined foreign portfolio investment (FPI) and foreign direct investment…

The Nigerian Exchange (NGX) began 2026 on a high note, with investor optimism and broad-based buying lifting the equities market…

Nigerian businesses are stepping into 2026 with renewed optimism, according to the December 2025 Business Expectations Survey (BES) by the…

Nigeria’s business activity continued its growth streak for the twelfth month in a row in December 2025, according to the…

Nigeria’s soaring debt figures are largely the result of exchange-rate revaluation of existing foreign-currency obligations rather than fresh borrowing, the…

Nigeria’s private sector concluded 2025 on a strong note, driven by rising customer demand and steady business activity. The Stanbic…

The Bank of Ghana (BoG) has unveiled new regulations for International Money Transfer Operators (IMTOs), signaling a major shift in…

After a challenging 2025 marked by consecutive quarterly declines of up to 1.25% in real growth, Nigeria’s manufacturing sector is…

Tension is building within Nigeria’s maritime sector following the implementation of sweeping tax reforms that took effect on Thursday, January…

Despite the Federal Government’s optimism over economic “gains” recorded in 2025—most notably easing inflation and improved foreign exchange stability—Nigeria’s manufacturers…