Category: Economy

Brent crude price falls, pounds rises amid US-Iran talks, Starmer’s resignation

Oil prices fell Monday on optimism over talks by the United States and Iran after...

Lagos positioned as Africa’s leading geo-economic hub — Sanwo-Olu

Governor Babajide Sanwo-Olu has declared that Lagos is strategically positioned as Africa’s leading geo-economic hub,...

Nigeria’s current account surplus hit $4.98bn in Q1 — CBN

The Central Bank of Nigeria on Wednesday said the nation’s current account surplus grew year-on-year...

If you import from third-world countries you become like them — Trump

United States President Donald Trump has explained the reasons for his admistration’s broader efforts to...

Africa needs to expand fish farming sector — UN

Africa needs to urgently expand its fish-farming sector to meet its food needs, the head...

Don’t japa, stay to build Nigeria, Tinubu tells youths

President Bola Tinubu on Friday made a direct appeal to Nigerian youths to remain in...

FG admits inflation, insecurity persist despite ongoing economic reforms

The Federal Government on Tuesday acknowledged that inflation and insecurity remain major challenges facing Nigerians,...

FG defends Tinubu reforms, says Nigeria on path to recovery

The Federal Government on Tuesday mounted robust defence of President Bola Tinubu’s reform agenda, declaring...

Nigeria’s economy stronger but poverty worsened, IMF warns

The International Monetary Fund said Tuesday that reforms implemented by the Nigerian government had strengthened...

Africa loses billions to corruption, recovers little, Kenyan envoy warns

African countries are losing billions of dollars annually to corruption while recovering only a small...

Foreign exchange reserves rise by $1.22bn in May – CBN

Nigeria’s external reserves rose by about $1.22 billion in May 2026, closing the month at...

Nigeria recorded sharp drop in Q3 fiscal deficit to ₦330bn — Report

Nigeria’s fiscal deficit narrowed significantly to N330 billion in the third quarter of 2025, reflecting...