Economy

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

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

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

An analysis of federal budget documents reveals that debt servicing costs under President Bola Tinubu’s administration are projected to surpass...

Nigeria’s average daily oil production, including condensates, rose to 1.652 million barrels per day (bpd) in the first eleven months...

Driven by a series of economic reforms, Nigeria attracted nearly $14 billion in foreign investment in the first nine months...

Nigeria's foreign exchange market witnessed a dramatic withdrawal of overseas capital last week, with official data revealing a sharp 20.67%...

Nigeria is staring down a sobering social and economic reality: poverty is deepening, and fast. By 2026, as many as...

Nigeria’s downstream petroleum market may be on the brink of a dramatic reset as Dangote Petroleum Refinery prepares to begin...

Nigeria’s banking industry is entering a decisive stretch as the Central Bank of Nigeria’s (CBN) March 31, 2026 recapitalisation deadline...