Nigeria’s economic progress must translate into lower living costs, more jobs, higher incomes and improved living standards for citizens, the Chartered Institute of Bankers of Nigeria (CIBN) has said. CIBN …
Economy
The Federal Government’s borrowing from domestic investors surged by 90.5 per cent year-on-year to N24.7 trillion in the first eight months of 2026, compared with N12.98 trillion recorded during the …
The National Agency for Food and Drug Administration and Control (NAFDAC) has directed manufacturers to recall alcoholic beverages packaged in sachets and containers smaller than 200ml as the Federal Government …
President Bola Tinubu has defended his administration’s economic reforms, saying they are necessary to put Nigeria on track towards building a $1tn economy by 2030. Former Vice President Atiku Abubakar, …
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has clarified that the $300 helicopter levy for air navigational services remains payable, while the Terminal Navigational Charge (TNC) does not apply to …
- EconomyGovernance
Nigeria Has No Nuclear Weapons Or Weapons Of Mass Destruction, Jimoh Ibrahim Tells UN
Nigeria does not possess nuclear weapons or weapons of mass destruction and has never pursued a nuclear weapons programme, the country’s Permanent Representative to the United Nations, Jimoh Ibrahim, has …
- AfricaAFRICA NEWSEconomy
China confirms that Nigeria is its largest engineering contracting market in Africa
Chinese officials recently highlighted Nigeria’s position within China’s long-term developmental and economic strategies, citing the country’s growing influence in infrastructure projects, investment, and bilateral trade. During a seminar in the …
More than 30 African leaders gathered in Nairobi on Monday for the Africa Forward Summit hosted by French President Emmanuel Macron. The summit marks France’s attempt to strengthen economic and …
- AfricaAFRICA NEWSEconomy
Bank of Africa-Uganda strengthens SME commitment at CEO Business Conference 2026
Bank of Africa-Uganda participated in the 3rd Edition of the CEO Business Conference 2026, held under the theme “Adapt and Advance,” bringing together chief executives, business owners, and senior decision-makers …
Eric Wainaina, a motorcycle taxi driver in Nairobi, Kenya, was already bracing for a loss in income when the rainy season hit in March, but the war on Iran, which …