Nigeria’s headline inflation rate rose to 15.93% in May from 15.69% in April 2026 as reported by National Bureau of Statistics in its latest report of...
Nigeria’s struggling manufacturing sector paid N329.59 billion in Value Added Tax (VAT) to the federation account in the first quarter of 2026 just as the nation’s...
By Kristalina Georgieva More than three months into the war in the Middle East, the global economy appears to be holding up. Commodity prices, inflation and...
As Nigeria rides on the tech and Ai boom, a long term energy strategy is required for any long-lasting impact and sustained success. Despite being a...
African Export–Import Bank (Afreximbank) has committed $ 83 billion to Nigeria since its inception, with a significant share invested in Lagos, as the city has secured...
International Monetary Fund has said that Nigeria’s strong reforms over the past three years have yielded improved macroeconomic outcomes and built resilience. Still, conditions for many...
Constant blackouts and inadequate grid supply are costing Nigeria approximately ten per cent of its Gross Domestic Product (GDP) annually, according to an economic brief released...
Centre for the Promotion of Private Enterprises, CPPE, Sunday, kicked against the passage of the Sugar-Sweetened Beverage Tax Bill by the Senate. The Executive Director, CPPE,...
Geoeconomic fragmentation imposing an annual cost of $213–$307 billion on the global economy, according to a new World Economic Forum report release today. Driven by geopolitical...
Africa Finance Corporation, the continent’s leading infrastructure solutions provider, has successfully raised a record $2 billion syndicated loan, underscoring strong global investor support for AFC’s rapid...
Nigerian Economic Summit Group has said that corporate executive confidence in the Nigeria business environment has risen has performance in business activities recorded improvement in several...
Nigeria and other African countries can unlock more than $469 billion in additional annual revenue without raising statutory tax rates, according to the African Development Bank....
The Senate on Tuesday constituted a six-member committee to liaise with the finance ministry and facilitate the reimbursement of outstanding payments owed to local contractors for...
The national average cost of a healthy diet (CoHD) per adult per day rose to N1,541 in March 2026, the National Bureau of Statistics (NBS) has...
The Nigeria Employers’ Consultative Association (NECA) says businesses across the country are yet to fully experience the expected benefits of the federal government’s ongoing economic reforms....