Economy

The Nigerian Exchange recorded a 10.4 per cent drop in the value of shares traded in the week ended August...

The Federation Account Allocation Committee distributed a record N3.007 trillion in July 2026, the first time monthly revenue sharing has...

The United States Coast Guard has lifted the Condition of Entry imposed on vessels that called at Nigerian ports, ending...

Nigeria’s headline inflation rate declined to 15.43 per cent in July, according to the National Bureau of Statistics. The figure...

Nigeria’s food inflation rate rose to 20.31 per cent in July from 17.52 per cent in June, an increase of...

The petrol subsidy could have drained as much as N53 trillion from government coffers under present market conditions and driven...

The Chairman of the Nigeria Revenue Service, Zacch Adedeji, has said that Nigeria’s fuel subsidy bill could have ballooned to...

President Bola Tinubu has approved a major reform of Nigeria’s deep offshore oil and gas investment framework, designed to unlock...

Nigeria’s foreign exchange demand for oil-sector imports rose sharply by 114.91 per cent in 2025, underscoring the country’s continued reliance...

Nigeria’s tax collections have risen by 113 per cent in less than three years, climbing from N12.3 trillion in 2023...