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Economy
AfCFTA Digital Trade Forum Calls for Faster Implementation of Africa’s Digital…
The African Continental Free Trade Area (AfCFTA) Digital Trade Forum 2026 has ended with a strong call for member…
Nigeria Revenue Service Generates N21.6 Trillion in Six Months as Tax Reforms…
Nigeria’s revenue drive has gained significant momentum, with the Nigeria Revenue Service (NRS) generating an…
Nasdaq Futures Slide as Chip Stocks Tumble, Raising Concerns Ahead of Q2 Earnings…
U.S. stock futures traded mixed on Tuesday as a fresh wave of selling in semiconductor stocks dragged Nasdaq…
DMO Unveils July 2026 FGN Savings Bond at Record 15.716% Interest Rate, Highest…
The Debt Management Office (DMO) has launched the July 2026 FGN Savings Bond, offering Nigerians an opportunity to…
Ghana Settles $700 Million Eurobond Early, Pays $2.1 Billion to Investors Since…
The Government of Ghana has taken another major step in its debt recovery efforts by settling a $700 million…
Oyedele Rejects IMF Claim of ₦8 Trillion Unreported Spending, Insists No Secret…
The Federal Government has firmly rejected claims by the International Monetary Fund (IMF) that Nigeria spent more…
Bank Recapitalisation Drained Funds from Nigeria’s Productive Economy, Says Adonri
Nigeria’s banking recapitalisation programme may have succeeded in strengthening the financial sector, but it came…
Tinubu Secures $11.4bn World Bank Loans in Three Years, Nears Buhari’s Eight-Year…
President Bola Tinubu’s administration has secured an impressive $11.4 billion in World Bank loan approvals within…
Nigerian Businesses Hold Ground Despite Rising Costs and Credit Challenges, NESG…
Nigeria’s business sector continued to show resilience in June 2026, maintaining a steady level of confidence…
Naira Remains Stable as CBN Tightens Policy and Rising Oil Output Strengthens FX…
The Nigerian naira is maintaining a stronger footing in 2026, offering a sense of relief to businesses, investors,…
Nigeria, China Strengthen Investment Ties with New Focus on Energy, Exports and…
Nigeria and China have taken a significant step toward strengthening economic cooperation, with business leaders…
Nigeria, Canada Push Data-Driven Investment Strategy to Unlock Trade Growth
Nigeria and Canada are intensifying efforts to strengthen their economic partnership, with both countries placing…
Afreximbank Urges Nigeria, African Nations to End Lithium Exports and Build EV…
African Export-Import Bank (Afreximbank) President and Chairman of the Board, Dr. George Elombi, has called on…
US-Nigeria Trade Surges to $15 Billion as America Deepens Economic and Security…
The United States has reaffirmed its commitment to strengthening ties with Nigeria after bilateral trade between…
Dangote Cement Raises Dividend by 50% as Shareholders Receive Record N753.8…
Dangote Cement Plc has rewarded its shareholders with a historic dividend payout after announcing a 50 per cent…
Naira Falls 1.1% in June Despite Strong FX Liquidity as Market Confidence Grows
Nigeria’s currency market showed signs of growing resilience in June 2026 as the naira recorded only a marginal…
Afreximbank Invests 80% of Resources in Africa to Drive Infrastructure and…
The African Export-Import Bank (Afreximbank) has revealed that about 80 per cent of its balance sheet is currently…
IMF Flags Missing Public Spending in Nigeria’s Budget, Says 2% of GDP Went…
The International Monetary Fund (IMF) has raised concerns over Nigeria’s fiscal reporting, revealing that public…
Nigeria Leads Africa in IMD Economic Performance Ranking Despite Competitiveness…
Nigeria has been ranked as the highest-performing economy in Africa on the economic performance pillar of the…
World Bank Approves $1.25bn Nigeria Loan Amid Growing Debt Concerns and Economic…
The World Bank has approved a fresh $1.25 billion loan for Nigeria under its Nigeria Actions for Investment and…
Nigeria’s $1.5bn Abu Dhabi Drawdown to Cut Borrowing Costs, Says Oyedele
Nigeria’s decision to access only $1.5 billion from its $5 billion financing arrangement with First Abu Dhabi Bank…
Naira Ends June at N1,376/$ as Forex Market Weathers Volatility and Maintains…
The Nigerian naira closed June 2026 at N1,376 against the United States dollar in the official foreign exchange…
Nigeria Eyes Return to Global Debt Market with First Eurobond Sale Since November
Nigeria is taking significant steps toward re-entering the international debt market as the Debt Management Office…
Nigeria Tops African Peers in IMD Economic Performance Ranking Despite…
Nigeria has emerged as the highest-performing African economy in the International Institute for Management…
World Bank to End China Lending by 2031 as Partnership Enters New Phase
The World Bank has announced plans to phase out lending to China by 2031, signaling a significant change in its…
FTSE Russell Delays Nigeria Frontier Market Upgrade Over Concerns About New T+1…
Nigeria’s anticipated return to Frontier Market status has hit an unexpected hurdle after global index provider…
Fuel Pricing Reform Takes Center Stage as FG Moves to Protect Nigerians from…
The Federal Government has announced fresh efforts to address growing concerns over fuel pricing in Nigeria,…
AfCFTA Boosts Nigeria’s Intra-African Trade to $9.02bn as Regional Exports Surge…
Nigeria’s trade with other African countries recorded a significant leap in 2025, reaching $9.02 billion and…
Nigeria’s Money Market Set for N500bn Liquidity Boost as OMO Bills Mature
Nigeria’s money market is expected to receive a significant boost this week as approximately N500 billion from…
Wall Street Ends First Half on a High as Dow Hits Record Close and Stock Futures…
Wall Street is preparing to close out the first half of the year on a strong note, with U.S. stock futures rising…