Latest Economy News

FAAC Allocation Rises On Higher Revenue

Nigeria’s three tiers of government have shared over two trillion naira from…

FG Denies “Hidden Spending”, Defends FAAC Deductions

The Federal Ministry of Finance has dismissed claims of hidden spending and…

$500m Boost Positions Nigeria As Aviation Investment Hub

About $500 million has been invested by the Federal Government in upgrading…

Afreximbank Backs $4bn Dangote Refinery Deal

African Export Import Bank, Afreximbank has taken the lead in a $4…

World Bank funds N20bn research on Nigeria’s digital economy

Federal Government has launched the National Digital Economy Research Clusters with Nigerian…

Nigeria’s New Personal Income Tax Deadline In Focus

Nigeria’s March 31 Personal Income Tax deadline is here—and it’s serving as…

CBN Issues New FX Directive for Money Transfer Operators

Nigeria’s foreign exchange market may be heading for greater transparency as the…

“Africa Will Pay the Price” — Dangote Warns as Global Tensions Rise

Africa’s richest man, Aliko Dangote, has raised alarm over escalating global tensions,…

FG depends on private sector for 95% of $1bn economy – Budget Minister

The Federal Government says achieving a one trillion dollar economy will depend…

All eyes on CBN over decision on interest rates as inflation eases

As the 304th meeting of the Central Bank of Nigeria, CBN, Monetary…

Naira to exchange at N1,100 to $1 by end of year – Dangote

Africa’s richest industrialist, Aliko Dangote has projected that Nigeria's currency, the Naira…

Breaking: Nigeria’s inflation rate eases to 15.10% in January 2026

Nigeria’s headline inflation has eased further in January 2026 to 15.10%, slightly…