Nigeria’s organised private sector has called on the Federal Government to turn recent macroeconomic improvements into tangible gains for businesses and households as the country marks its 66th Independence Anniversary.
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President Bola Tinubu has declared that the most difficult phase of his administration’s economic reforms is over, telling Nigerians that the country has moved from an “age of reform” into
Transactions in Nigeria’s foreign exchange market rose by 11 per cent to $2.63 billion in the week ended September 25, signalling increased activity across the market. The increase covered both
Nigeria’s net foreign exchange inflow rose by 36.5% year-on-year to $33.76 billion in the first five months of 2026, up from $24.72 billion recorded in the same period of 2025.
A sharp divide has emerged in the cash and debt positions of companies listed on the Nigerian Exchange Limited (NGX), with some firms holding cash several times higher than their
The Central Bank of Nigeria (CBN) has cut the benchmark Monetary Policy Rate (MPR) from 26.5 per cent to 23 per cent, marking a significant shift in the country’s monetary
Civil society groups, youths, students and market women have protested at the Federal Ministry of Finance in Abuja, calling on the Federal Government to reduce its reliance on borrowing. The
Nigeria’s exports to other African countries rose sharply to N10.72tn in the first half of 2026, representing a 122.26 per cent increase from the N4.82tn recorded during the same period
Peter Obi, the 2027 presidential candidate of the Nigeria Democratic Congress (NDC), has expressed support for the ongoing Initial Public Offering of Dangote Petroleum Refinery and Petrochemicals, urging Nigerians to
Aliko Dangote, President of Dangote Group, has explained why Nigerians are still paying relatively high prices for petrol despite the commencement of large-scale domestic refining, saying local production does not