Nigeria’s inflation hits five-year low, drops to 14.45%
Nigeria’s headline inflation rate slowed to 14.45 per cent in November 2025, down 1.6 percentage points from the 16.05 per cent recorded…
Economy
Nigeria’s trade balance surges 43.8% in first nine months of 2025
Nigeria’s total trade balance experienced a significant rise, increasing by 43.8 per cent year-on-year to N19.32 trillion in the first nine months…
Otti partners US gov for Abia’s economic growth
Abia State Governor, Alex Otti, has expressed his readiness to collaborate with the Governor of Delaware, United States, Bethany Hall-Long, focusing on…
UK economy unexpectedly shrinks again
Britain’s economy unexpectedly contracted for a second consecutive month in October, according to official data released on Friday, a development that deals…
Asian stocks rise after US Fed rate cut
Asian equities experienced a rise on Friday as investors reacted to a record-breaking day on Wall Street, which occurred in the wake…
Nigeria, Russia seek to revive stalled economic cooperation
Russia’s Ambassador to Nigeria, Andrey Podelyshev, has expressed his country’s commitment to reviving economic cooperation with Nigeria after over a decade of…
New tax laws target investment, fiscal stability, FIRS assures
The Federal Inland Revenue Service has stated that Nigeria’s newly enacted tax laws are designed to strengthen economic competitiveness, attract investments and…
United Capital forecasts Nigeria’s inflation rate to decline to 15.48%
United Capital Plc analysts have forecasts that Nigeria’s headline inflation rate will experience a further decline to 15.48 per cent in November…
Nigeria’s GDP grows 3.98% in Q3 2025 on stronger oil output
Nigeria’s economy expanded in the third quarter of 2025, extending its annual growth that had picked up to a four-year high in…
FATF exit saves Nigeria $30bn, says CBN gov
The Governor of the Central Bank of Nigeria, Olayemi Cardoso, stated that Nigeria’s exit from the Financial Action Task Force grey list…
Nigeria’s PMI hits 56.4 as private sector expansion rises
Nigeria’s private sector expansion gained further momentum in November 2025, as the key Purchasing Managers’ Index indicator climbed to 56.4. This marks…
Nigeria, Sierra Leone seal MoUs to boost W’Africa digital economy
Nigeria has enhanced its regional digital cooperation after the Honourable Minister of Communications, Innovation and Digital Economy, Dr. Bosun Tijani, led a…