Economy

The International Monetary Fund (IMF) has raised concerns over the economic impact of the ongoing conflict involving Iran, warning that...

Data from the Central Bank of Nigeria (CBN) indicates that Nigeria’s Current Account remained in surplus in 2025 but shrank...

Despite being a major crude oil-producing country, Nigeria saw the Dangote Petroleum Refinery import $3.74 billion worth of crude oil...

The Economic and Financial Crimes Commission (EFCC) has handed over almost N4 billion recovered from fraudulent activities to the Nigerian...

Commercial long-term borrowing by African sovereigns is projected to rise to $155 billion in 2026, up from $140 billion issued...

Nigeria’s Central Bank Governor, Olayemi Cardoso, has warned that escalating geopolitical tensions involving the United States, Israel, and Iran could...

Nigerians are expected to continue facing weak purchasing power despite commercial banks increasing savings interest rates following recent monetary policy...

The Lagos Chamber of Commerce and Industry (LCCI) has called for deliberate policy actions to sustain the current moderation of...

African Development Bank Group has approved a $5.52 million grant to strengthen tax administration and improve domestic revenue mobilisation in...

The Federal Government of Nigeria has said that state governments account for approximately 48 per cent of total public expenditure...