Economy

The Federation Account Allocation Committee (FAAC) has distributed N2.3 trillion from May 2026 revenue to the Federal Government, states, and...

The Federal Government has strongly refuted reports claiming it intends to introduce new taxes on petroleum products and telecommunications services,...

Nigeria posted a significantly stronger external position in the first quarter of 2026, with the current account recording a surplus...

The International Monetary Fund (IMF) has raised concerns over the rapid adoption of U.S. dollar-denominated stablecoins in Nigeria, warning that...

Nigeria’s headline inflation rate rose for the second consecutive month, reaching 15.93% in May 2026, up from 15.69% recorded in...

Mobile subscribers across Nigeria and other parts of Africa took a total of $3.18 billion worth of airtime on credit...

The International Monetary Fund (IMF) has projected that Nigeria’s public external debt will rise sharply to $72.6 billion by 2027,...

The Nigerian equities market extended its positive performance on Tuesday, closing higher by 0.53% amid renewed buying interest in major...

Nigeria recorded crude oil exports worth N11.20 trillion in the first quarter of 2026, reinforcing oil’s position as the country’s...

Nigerians paid more than N50 billion in application fees for United States visas between 2023 and 2024, even as the...