Nigeria’s headline inflation rate increased to 15.38% in March 2026, up from 15.06 per cent recorded in February. This is according to the latest data released...
Minister of Steel Development, Shuaibu Audu Tuesday, signed $1 billion investment Memorandum of Understanding, MoU, with Indian conglomerate, Rashmi Metaliks Group, in Kolkata, India. According to...
International Monetary Fund has cut its growth outlook on Tuesday due to Iran war-driven energy price spikes and supply disruptions and warned that the global economy...
The Bank of Industry (BOI) has assured investors of strengthened market discipline and stability as it intensifies support for micro, small, and medium enterprises (MSMEs) across...
National Bureau of Statistics says the All-commodity group import index increased by an average of 0.11 per cent in the fourth quarter of 2025. The NBS...
Energy experts have criticised recent recommendations by the World Bank urging Nigeria to deepen fuel importation and fully liberalise its downstream petroleum sector, warning that the...
Nigeria will seek stronger international financial support at this week’s IMF-World Bank Spring Meetings as the Iran war lifts fuel costs at home and complicates reforms,...
Nigeria’s pension assets rose to N29.43 trillion in February, representing a month-on-month increase of N1.39 trillion. This is according to data released by the National Pension...
The World Bank cut its growth forecast for Sub-Saharan Africa for 2026 in a report published on Wednesday, saying the fallout from the Iran war was...
World Bank said on Tuesday that Nigeria’s economy is resilient and set to grow in the first half of 2026 despite the Iran war, adding that...
African Export-Import Bank has approved a $10 billion Gulf Crisis Response Programme to help African and Caribbean economies as well as their banks and companies counter...
Federal Government has raised its borrowing plan for 2026 to N29.20 trillion following an expansion in the proposed budget size and fiscal deficit. The new borrowing...
African economies face the risk of a sharper growth slowdown this year if the war in the Middle East drags on, with prolonged disruption to trade,...
The Nigeria Sovereign Investment Authority (NSIA) has reaffirmed its commitment to operational resilience and sustainable investment practices in response to an increasingly complex global risk environment....
The Heads of the International Energy Agency, International Monetary Fund, and World Bank Group have agreed to form a coordination group to maximize their institutions’ response...