Nigeria targets 10bn SCF daily gas production by 2030
Nigeria is aiming to produce 10 billion standard cubic feet of gas per day (scf/d) by 2030, a goal reaffirmed…
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
Nigeria records historic non-oil revenue surge in 2025
By Ismaeel Aleem Nigeria has achieved unprecedented growth in non-oil revenue collections for January–August 2025, reaching ₦20.59 trillion, a 40.5%…
Nigeria, Colombia forge stronger ties with historic MoU
Nigeria and Colombia have signed a landmark Memorandum of Understanding (MoU) on political consultations, signalling a new chapter in diplomatic…
MAN backs Tinubu’s tough reforms despite hardship
The Manufacturers Association of Nigeria (MAN) has said that although President Bola Tinubu’s economic reforms have ushered in tough times…
Nigeria-Colombia relations set for new chapter, says Shettima
By Ismaeel Aleem Vice President Kashim Shettima has hailed the ongoing three-day official visit of Colombian Vice President Francia Márquez…
CBN: Cardoso says diaspora remittances triple to $600m monthly
Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has revealed a significant surge in diaspora remittance inflows, which…
NEC approves renewed hope development plan to drive $1trn economy by 2030
The National Economic Council (NEC) has endorsed the framework for the “Renewed Hope Development Plan (2026-2030)”, a new medium-term strategy…
Aiyedatiwa seeks U.S. investment in key projects, agribusiness
Governor Lucky Aiyedatiwa of Ondo State visited the U.S. Embassy in Abuja to attract American investors to key economic sectors…
Dangote seals $2.5bn deal with Ethiopia to build major fertiliser plant
Africa’s richest man, Aliko Dangote, has signed a $2.5 billion agreement with the Ethiopian Government to construct one of the…
Nigerian stock market gains N203bn amid bullish trend
The Nigerian stock market sustained its bullish momentum on Tuesday, recording a significant N203 billion increase in market capitalisation as…