FG targets major revenue boost, transparency through national single window
The Federal Government (FG) is fast-tracking the implementation of the National Single Window (NSW), a key initiative under President Bola…
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: Deforestation threatens Nigeria’s economy, global trade access
Vice President Kashim Shettima has issued a warning about the severe economic consequences of deforestation in Nigeria. He revealed that…
Nigeria’s inflation drops to 22.22% in June
Nigeria’s headline inflation slowed to 22.22% in June 2025 from 22.97% in May, marking a 0.75 percentage point drop, according…
Aiyedatiwa, Bala partner on $2.6bn fertiliser, petrochemical deal
Governor Lucky Aiyedatiwa of Ondo State on Friday, received his Bauchi State counterpart, Bala Mohammed, in Akure as both states…
NGX hit historic high as investors gain N1.8tn in one day
The Nigerian Exchange Limited (NGX) recorded a major milestone on Thursday as investors gained N1.806 trillion in a single trading…
Tinubu vows to tackle inflation, boost fiscal transparency
President Bola Tinubu has restated his administration’s resolve to tackle inflation and promote economic stability through fiscal discipline, transparency, and…
Nigeria’s debt service rises to 4.1% of GDP in 2024 – AfDB Report
Nigeria allocated 4.1 per cent of its Gross Domestic Product (GDP) to debt servicing in 2024, marking an uptick from…
NGX extends rally as 55 firms boost market
The Nigerian Exchange (NGX) recorded its second consecutive gain on Thursday, buoyed by a strong performance from 55 companies including…
Trump to host five African leaders amid rising global competition
In a strategic move widely seen as an effort to counter growing Chinese and Russian influence on the African continent,…
Diesel prices rise to N1,758.26 in May 2025 — NBS
The average retail price of Automotive Gas Oil, commonly known as diesel, rose by 25.24% in May 2025 compared to…