Economy

National Grid Collapses Again, Plunging Nigeria into Nationwide Blackout

January 27, 2026

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Economy

GDP in Euro Area Declines by 0.1%, While EU Records a Modest 0.1% Increase

EU Delists Nigeria from High-Risk Jurisdictions for Money Laundering and Terrorism Financing

by Jide Omodele

January 16, 2026

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

Petrol Prices Surge in West Africa as Nigeria Removes Subsidies.

Nigeria Still Imports 1.3 Billion Litres of Petrol in December Despite Dangote’s Growing Output

January 16, 2026

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

Navigating Inflation Crossroads: Nigeria’s Economic Odyssey Amidst Global Trends

Nigeria Inflation Drops to 15.15% in December 2025

January 16, 2026

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

Nigerian Equity Market Sees Impressive N1.08tn Wealth Gain Amidst Bullish Trading.

NGX Bulls Charge On: Market Capitalisation Surges N1.66 Trillion in Second Straight Day of Gains

The Nigerian stock market extended its winning streak into a second day on Tuesday, with total market capitalisation soaring by...

World Bank Extends Nigeria’s Digital Identification Project Deadline Amid Missed Targets

World Bank Boosts Nigeria’s Growth Outlook: 4.4% Expansion Forecast for 2026 and 2027

The World Bank has delivered a vote of confidence in Nigeria’s economic trajectory, projecting the country to grow at 4.4%...

Nigerian Students Spend $340.84 Million on Foreign University Applications in the H1 of 2023

Nigerian Passport Climbs to 89th Globally in 2026 Henley Index, Gains Visa-Free Access to 44 Destinations

Nigerians received a modest but welcome boost in international mobility today as the latest Henley Passport Index ranked the country’s...

Dangote Cement Successfully Completes First Tranche of Share Buyback Program.

Dangote Crosses $30 Billion Mark as Rabiu Edges Toward $10 Billion Milestone

Africa’s richest man, Aliko Dangote, has solidified his dominance with a net worth now exceeding $30 billion, while fellow Nigerian...

Fuel Subsidy Removal Negatively Impacts 90% of Nigerian Businesses

Nigeria’s Fuel Import Bill Plunges 54% in Two Years as Domestic Refining Gains Ground

by Akpan Edidong

January 13, 2026

Nigeria has achieved a major milestone in its long battle against fuel import dependence, with spending on imported refined petroleum...

Nigeria’s Public Debt Hits N46.25trn In Q4 2022 – NBS

Nigeria’s Statistics Bureau to Brief Stakeholders Ahead of Key December Inflation Data

by Jide Omodele

January 12, 2026

The National Bureau of Statistics (NBS) will hold a stakeholder engagement meeting on Monday ahead of the release of Nigeria’s...

Key Takeaways From President Tinubu Speech.

Nigeria’s Debt Service Projected to Exceed N91 Trillion by 2028, Crowding Out Development Spending