Latest Economy News
FAAC Sharing drops to ₦1.928trn in November
The Federal Government, States, and Local Government Councils have shared one trillion,…
Nigeria targets $10bn with bids for 50 oil blocks
The Federal Government on Monday launched the 2025 Nigeria Petroleum Licensing Round,…
Nigeria’s economy grows 3.98% in Q3 2025 – NBS
Nigeria’s economy grew by 3.98% year-on-year in the third quarter of 2025…
NNPC Limited posts ₦5.4tn profit, unveils $60bn investment plan
NNPC Limited has announced a Profit-After-Tax of ₦5.4 trillion for the 2024…
Breaking: Nigeria’s inflation rate drops to 16.05%
Nigeria’s inflation showed a major slowdown in October 2025, easing to 16.05%,…
Nigeria’s inflation records big fall by 2.1% to 18.02% in Sept – NBS
Nigeria's headline inflation slowed for the sixth month in a row in…
President Tinubu Departs Abuja for Aqaba Process Heads of Government Meeting in Rome
President Bola Tinubu will today depart Abuja for Rome, Italy, to attend…
Nigeria-Polish Economic Forum Kicks Off In Lagos, Highlights Avenues For Investment, Trade
Today marks a significant milestone in Nigeria’s international economic relations: the inaugural…
Nigeria’s Inflation Drops To 21.88% In July Amid Mixed Reactions
Nigeria’s headline inflation has continued on a downward trend for the fourth…
EFCC Warns Nigerians on Rising Virtual Asset, Investment Scams
The Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede,…
Dangote Refinery To Begin Nationwide Distribution Of Petrol, Diesel, August 15
The Dangote Petroleum Refinery has announced plans to begin nationwide distribution of…
Nigeria’s inflation eases to 22.97% in May, for second consecutive month
Nigeria’s headline inflation rate dropped to 22.97% in May 2025, from 23.71%…