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...
Federal Allocation Committee (FAAC) shared a total of N2.26 trillion to the the three tiers of government, federal government, states and local governments as April 2026...
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...
Africa Finance Corporation (AFC)), is helping drive a $7 billion fertiliser expansion programme by Dangote Group designed to triple production capacity in Nigeria and establish a...
African Export-Import Bank has cancelled its annual meeting set to take place in the Egyptian resort of El Alamein next week, citing measures taken jointly by...
President Bola Tinubu said on Friday that the Presidential Power Sector Task Force is working hard to reduce the metering deficit. He said that the task...
The United Kingdom and Nigeria have unveiled a new £15 million growth programme to unlock private investment and accelerate economic transformation. The British High Commission made...
The launch of SpaceX shares has cemented Musk’s status as the world’s first trillionaire. Shares of SpaceX hit the open stock market just before noon eastern...
Centre for the Promotion of Private Enterprise, CPPE, has warned that with the skyrocketing price of cooking gas more Nigerians will resort to firewood and charcoal,...
