Economy

In spite of setbacks recorded in 2025, both in local and global markets, motorists have ended the year only slightly worse off when it comes to fuel prices. The year …

Nigeria’s textile imports rose sharply to N814.27bn in the first nine months of 2025, raising fresh concerns over the effectiveness of the Federal Government’s repeated claims that it is reviving …

The National Pension Commission has extended the deadline for the ongoing recapitalisation of the pension industry to June 2027, shifting it from the earlier date of December 2026. The move …

The Lagos State Government, major Nigerian corporates, international partners, and private sector organisations have pledged strong support for the 9th edition of the All Africa Music Awards, AFRIMA, scheduled to …

The World Bank is expected to approve a $500 million loan for Nigeria on Friday as part of efforts to expand access to finance for micro, small and medium enterprises …

A business analyst, Mr Adewale Adebawo, has charged African entrepreneurs to see economic challenges as opportunities for growth and innovation, noting that some of the most impactful ideas on the …

The President of the Abuja Chamber of Commerce and Industry, Chief Emeka Obegolu (SAN), has raised serious concern over Nigeria’s tough business environment, warning that the country’s economy is contracting …

The Lagos State Government, in collaboration with key public and private sector stakeholders, has renewed its commitment to environmental sustainability and waste management as Nigeria looks to unlock an estimated …

The Federal Government has said the Lagos-Calabar Coastal Highway project is already attracting strong interest from international investors, with at least four companies indicating willingness to refund the full cost …

Debt servicing and personnel costs have taken up more than the Federal Government’s total revenue in the first seven months of 2025, raising concerns about fiscal pressure, weak revenue performance …