Category: Economy

IMF backs Nigeria’s inflation data after CPI overhaul

Nigeria’s inflation outlook received a boost in credibility after the International Monetary Fund endorsed newly...

FG didn’t suspend tax law guidelines, Oyedele debunks rumours

The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has...

Nigeria’s upstream investment hits $5.3bn – Tinubu’s aide

Nigeria has officially regained its status as the leading destination for energy capital in Sub-Saharan...

Nigeria, South Africa delisted from EU high-risk countries

The European Union has removed Nigeria and South Africa from its list of High-Risk Third...

Private sector growth persists as PMI closes 2025 strong

The Stanbic IBTC Purchasing Managers’ Index report has shown that Nigeria’s private sector sustained its...

FX reforms drive naira to best performance since 2014

The naira recorded its strongest annual performance in more than a decade in 2025, appreciating...

Nigerian families spent less in 2024 over price hike – Report

Household consumption in Nigeria contracted sharply in real terms in 2024 as surging prices eroded...

SEC to intensify capital market enforcement in 2026

The Securities and Exchange Commission has announced plans to significantly intensify the enforcement of capital...

Nigeria’s credit expansion crosses historic N100tr mark

Credit to the Nigerian economy crossed the N100 trillion threshold for the first time, rising...

Nigerian stocks rally as all-share index hits historic record

The Nigerian All-Share Index closed the week ended 2 January 2026 on a strong footing,...

FG unveils growth plan for trillion dollar economy

The Federal Government has unveiled a new economic reform and investment mobilisation strategy aimed at...

NGX opens 2026 strong as market nears N100trn

Nigeria’s equities market began the year 2026 on a positive footing, with market capitalisation edging...