Economy

Five members of the Central Bank of Nigeria’s Monetary Policy Committee (MPC) voted in favour of reducing the Monetary Policy...

The naira staged a modest recovery on Tuesday, strengthening slightly against the US dollar in the official foreign exchange market...

The Nigerian Communications Commission (NCC) has initiated a comprehensive competition review of the telecommunications industry, focusing on voice and data...

Nigeria’s major listed breweries collectively generated more than N1.54 trillion in revenue from beer and other beverages during the first...

The Nigerian Exchange Limited (NGX) snapped a one-day losing streak on Tuesday, closing higher with total market capitalisation rising by...

The National Agricultural Land Development Authority (NALDA) has received a major funding increase in the proposed 2026 federal budget, with...

The Federal Government has earmarked only N206.50 billion for poverty reduction initiatives in its proposed N58.47 trillion 2026 budget a...

In a major diplomatic and economic win for Nigeria, the European Union has officially removed the country from its list...

Nigeria imported around 1.31 billion litres of petrol in December 2025, even as the Dangote Petroleum Refinery ramped up its...

Nigeria recorded a significant slowdown in headline inflation to 15.15% year-on-year in December 2025, the National Bureau of Statistics (NBS)...