IMF warns UK of high inflation, falling living standards
Britain is set to endure the weakest growth in living standards of any major Western economy, the International Monetary Fund…
Category: Economy
Latest Nigeria economy news and analysis on inflation, naira exchange rate, fuel prices, business trends, and government policies. Follow real-time updates on Nigeria’s economic growth, cost of living, trade, and financial markets
Shettima: Nigeria’s energy transition to unlock $410bn investments by 2060
Vice President Kashim Shettima has announced that Nigeria’s energy transition strategy under President Bola Tinubu is expected to unlock investment…
FCCPC backs CBN’s 48-hour refund rule for failed ATM transactions
The Federal Competition and Consumer Protection Commission (FCCPC) has thrown its weight behind the Central Bank of Nigeria’s (CBN) draft…
Tinubu warns inactive marginal oil field licence holders to exit industry
President Bola Ahmed Tinubu has issued a stern warning to marginal oil field licence holders who lack the capacity to…
Ojulari confident Nigeria’s oil production to hit 1.8m BPD before year-end
The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Bayo Ojulari, has expressed confidence that Nigeria’s…
Tinubu justifies N200bn MSME fund, cites Nigerians’ sacrifices for economic progress
President Bola Tinubu on Monday opened the 31st Nigerian Economic Summit (NES1) in Abuja, where he explained the rationale behind…
Oyebanji praises Ekiti budget performance, directs MDAs to form implementation teams
Governor Biodun Oyebanji of Ekiti State has voiced his satisfaction with the continuous improvement in the state’s budget performance. He…
Alake urges Africa to end resource dependence, become global mining hub
The Minister of Solid Minerals Development and Chairman of the African Minerals Strategy Group (AMSG), Dele Alake, has advocated for…
NIBSS to scrap instant payment fees as Nigeria eyes smart economy
Nigeria may soon see a major shift in how money moves across the country, as the Nigeria Interbank Settlement System…
Nigeria spends $2.86bn on external debt servicing in first eight months of 2025
Nigeria expended a total of $2.86 billion on servicing its external debt in the first eight months of 2025, representing…