Tag: Nigeria economy

Dangote Petroleum Refinery has hit a $39.1 billion valuation as its ongoing $1 billion private placement draws more than $2 ...

The Federal Government has processed more than N700 billion in verified payments to local contractors, prioritising small firms, while contractor ...

The Senate has approved a revised sugar tax regime that replaces the N10 per litre levy on sweetened drinks with ...

Nigeria’s telecom sector attracted just $7.24 million in foreign capital in Q1 2026, a four-year low, while overall capital importation ...

Flutterwave has announced a major employee support package as it marks its 10th anniversary

A clear breakdown of where investment opportunities are emerging in Nigeria in 2026, from low-risk capital preservation tools to high-growth ...

Nigeria’s average petrol price climbed to N1,532.93 per litre in April 2026, with inflation, rising crude oil prices and distribution ...

CIG Motors has launched a N30 billion Series 2 commercial paper under its broader N100 billion programme, offering investors yields ...

Finlogic has secured an IMTO licence from the CBN, allowing it to process direct diaspora remittances into Nigeria as the ...

Tinubu Unveils ₦58.1trn 2026 Budget as Debt and Oil Risks Test Assumptions

The Naira weakened to N1465/$ in Nigeria’s black market on Monday, November 17, 2025, as strong dollar demand and limited ...

The report shows notable Year-on-Year reductions, slower CPI growth, and varying state inflation trends, with food inflation remaining a key ...

In the official market, the naira performance was similarly to the black market as it opened the week lower at ...

President Bola Tinubu has ordered a comprehensive review of deductions by Nigeria’s major revenue-generating agencies to boost public savings and ...

The World Bank has reaffirmed Nigeria’s status as a Lower-Middle Income Economy (LMIE) in its 2025/2026 country income classification, placing ...