Economy
Bagudu Seeks World Bank Support for Renewed Hope Ward Development Programme
The Minister of Budget and Economic Planning, Senator Abubakar Bagudu, has urged the World Bank to support Nigeria’s newly launched...
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Nigeria Spent N804bn on Arms Imports in Five Years – NBS
Nigeria spent N804.10 billion on arms and ammunition imports between 2020 and the second quarter of 2025, according to data...
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Nigeria Records $19.92bn Investment Signals in Q2 2025, Up 278%
Nigeria has attracted $19.92 billion worth of investment signals in the second quarter of 2025 (Q2’25), reflecting a sharp increase...
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FIRS Reports 411% Revenue Growth to N3.64trn, Says Borrowing Now Focused on Infrastructure
The Chairman of the Federal Inland Revenue Service (FIRS), Zacch Adedeji, has announced that Nigeria’s revenue collection has surged by...
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Nigeria Showcases $200 Billion Energy and Infrastructure Investment Opportunities at BCIU Roundtable
Vice President Kashim Shettima has urged global investors to take advantage of Nigeria’s multi-billion-dollar opportunities across energy, infrastructure, and minerals,...
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PenCom Unveils Pension Revolution 2.0 to Deepen Coverage and Strengthen Retirement Security
The National Pension Commission (PenCom) has launched Pension Revolution 2.0, a far-reaching reform programme aimed at repositioning Nigeria’s pension industry...
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Stakeholders Slam Customs Over Continued Collection of Suspended 4% FOB Charge
Stakeholders have expressed frustration over what they described as the flagrant disregard of Federal Government directives by the Nigeria Customs...
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Nigeria’s Economy Grows 4.23% in Q2 2025, Driven by Oil and Industry
Nigeria’s economy expanded by 4.23 per cent in real terms in the second quarter of 2025, outpacing the 3.48 per...
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FG Strengthens Economic Ties with Saudi Arabia, Targets FDI Inflows
The Federal Government has reaffirmed its commitment to strengthening economic relations with the Kingdom of Saudi Arabia and the wider...
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FAAC Flags $42.37bn Unremitted Oil Revenues, Demands Clarity from NNPC and OAGF
The Federation Accounts Allocation Committee (FAAC) has raised fresh concerns over huge unresolved oil revenues, disclosing that more than $42.37...
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