‘Without reliable power, Nigeria’s economy ‘ll remain stuck in slow growth’ – Adesina
Over the years, numerous economic experts and stakeholders have consistently called for improvements in Nigeria’s electricity supply. Joining this growing…
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
Market watch: Naira struggles at ₦1,607.66 per dollar on May 2, 2025
Nigerian Naira continued to weaken on the parallel market today, as the U.S. dollar sold for ₦1,607.66, reflecting persistent forex…
Tinubu to launch world’s largest cotton factory in Ogun
Ogun State Governor, Dapo Abiodun, has announced that President Bola Tinubu will perform the groundbreaking ceremony for what is projected…
FG targets efficiency in MDAs with procurement reforms
The Federal Government (FG) has unveiled a major digital reform aimed at boosting efficiency and accountability across Ministries, Departments and…
Nigeria welcomes EBRD’s first West African office as EU strengthens ties
The Nigerian government has reaffirmed its commitment to deepening its strategic partnership with the European Union (EU), as the European…
NNPCL refinery bosses, senior officials fired in sweeping shake-up
In a major leadership restructuring, the Nigerian National Petroleum Company Limited (NNPCL) has dismissed the managing directors of its three…
Naira exchange rates : Dollar falls slightly, pound gains, euro slips — April 30
Dollar falls slightly, pound gains, euro slips against naira — Nigeria’s parallel foreign exchange market witnessed marginal currency shifts on…
EFCC urges banks to strengthen KYC compliance
The Economic and Financial Crimes Commission (EFCC) has called on financial institutions across Nigeria to enhance their collaboration with the…
CAC cracks down on unregistered companies, sets deadline for registration
The Corporate Affairs Commission (CAC) has given unregistered businesses across Nigeria a six-week window to formalise their operations by registering…
Food security: Kyari urges development of climate-smart seeds
The Minister of Agriculture and Food Security, Abubakar Kyari, has called for the urgent development of climate-smart seeds to address…