Economy
Standard Chartered Sees Optimistic Growth Outlook for Nigeria in 2026
Standard Chartered Bank Nigeria Limited has expressed optimism about Nigeria’s economic growth prospects for 2026, projecting improved performance driven by...
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FG Allocates N881m to NEPC Capital Projects Following $6.1bn Non-Oil Export Record
The Federal Government has earmarked N881.13 million for the Nigerian Export Promotion Council (NEPC) in the 2026 Appropriation Bill, following...
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Rising Costs, New Taxes Slow Nigeria’s Business Expansion in January — NESG
Nigeria’s business expansion slowed sharply in January 2026 as rising operational costs, new tax reforms, fuel price adjustments and persistent...
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FG to Share Electricity Subsidy Burden Across Federal, State, LGs from 2026
The Federal Government has announced plans to end the practice of bearing electricity subsidy costs alone, unveiling a new framework...
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Polaris Bank Reaffirms Commitment to Non-Oil Exports, MSMEs at NAHCO–NACCIMA Programme
Polaris Bank has reaffirmed its strategic commitment to strengthening Nigeria’s non-oil export ecosystem and empowering micro, small and medium-sized enterprises...
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Lagos Contributes Over Half of Nigeria’s Local VAT in 2025
Analysis of Federal Account Allocation Committee (FAAC) documents shows that Lagos State accounted for N3.4 trillion of the N6.5 trillion...
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FAAC to Distribute N1.969 Trillion After Resolving Deadlock
The Federation Account Allocation Committee (FAAC) is set to reconvene Monday, February 2, 2026, to distribute N1.969 trillion following the...
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Nigeria’s Money Market Faces Sustained Liquidity Pressure Amid CBN Tightening
Nigeria’s money market remained under sustained pressure in January 2026, as the Central Bank of Nigeria (CBN) continued its aggressive...
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Nigeria Governors’ Forum Prioritises Sugar to Boost Industrial Development
The Nigeria Governors’ Forum (NGF) has agreed to make sugar a priority product to accelerate industrial growth across states, following...
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FG Boosts Local Content in Renewable Energy to Reduce Imports and Create Jobs
The Federal Government has launched initiatives to strengthen local content in Nigeria’s renewable energy sector, aiming to reduce dependence on...
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