Economy

Global ratings agency S&P Global has revised its inflation projection for Nigeria upward to 16.9% for 2026, citing stronger-than-expected transmission...

The Federal Government’s borrowing from the banking sector increased dramatically by N17.39 trillion (75.6%) over the 12 months ending in...

Nigerians paid an average of N1,596.25 per litre for petrol in May 2026, according to the latest report from the...

The average retail price of diesel (Automotive Gas Oil) in Nigeria climbed sharply to N3,277.47 per litre in May 2026,...

Global credit rating agency Fitch Ratings has cautioned that Nigeria’s planned $5 billion total return swap (TRS) financing arrangement could...

The Lagos & District Society of the Chartered Institute of Taxation of Nigeria (CITN) achieved a notable 28% increase in...

The Nigerian stock market has delivered a remarkable 51.62% year-to-date return as of June 19, 2026, despite a significant correction...

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...