Latest Economy News

Stakeholders Demand Greater Investment In Local Food Production

Nigeria Has Been Urged To Reduce Its Dependence On Imported Food And…

FG, States, Councils Share ₦2.428 Trillion As September VAT Revenue Declines

The Federal Government, states and local government councils have shared a total…

PenCom Moves to Sanction Defaulting Employers, Recovers ₦30.6bn

The National Pension Commission, PenCom, is set to penalise employers who fail…

Nigeria Economy: Stakeholders Urge Government To Prioritise Risk Management

The federal government has been urged by key stakeholders to prioritize risk…

Nigeria-China Trade Hits $18bn as Economic Cooperation Deepens Across Key Sectors

Trade between Nigeria and China has hit 18 billion dollars in the…

$12m Abuja Entrepreneurship Centre Will Boost MSMEs, Create Jobs – Tinubu

President Bola Tinubu has welcomed the construction of the $12 million Abuja…

Just In: CBN cuts interest rate By 3.5% to 23% After 7 Months

The Monetary Policy Committee, MPC of the Central Bank of Nigeria, CBN…

Breaking: Lagos Tops Inflation Rate Per State, Sokoto At Bottom In August

Nigeria’s headline inflation rate has eased further to 15.39% in August 2026,…

CBN Tightens Controls Against Financial Crimes

The Central Bank of Nigeria, CBN has introduced tougher measures to strengthen…

Recapitalization: A Strategic Response to Economic Volatility

In today’s volatile economy, recapitalization has become an important tool for helping…

Breaking: Nigeria’s GDP Grows By 4.43% In Q2 2026

Nigeria’s Gross Domestic Product, GDP grew by 4.43% year-on-year in real terms…

Breaking: Nigeria’s Headline Inflation Eases to 15.43% in July

Nigeria’s headline inflation rate eased to 15.43 percent in July 2026, down…