Economy

The World Bank has issued a stern warning about the rapid rise of extreme poverty in Nigeria, saying the country is now one of 39 economies where conflict and instability …

The Federal Inland Revenue Service (FIRS) has officially started discussions with the Kingdom of the Netherlands to renegotiate the existing Double Taxation Agreement (DTA) between the two countries. The fresh …

The Nigerian stock market started the week with a positive push, as the Nigerian Exchange Limited (NGX) recorded a significant boost on Monday, July 7, 2025. The All-Share Index (ASI) …

Over 80 top executives from across Togo’s business sectors participated in a special training session on artificial intelligence (AI) held in Lomé from July 1 to 3, 2025. The programme, …

ECP Kenya Limited, a Nairobi-based investment firm affiliated with Washington-headquartered Emerging Capital Partners (ECP), has filed for voluntary liquidation, officially ending its operations in Kenya. The company, once famous for …

UAP Insurance South Sudan, a subsidiary of UAP Old Mutual Holdings, has officially withdrawn from the South Sudan insurance market, marking the end of its 19-year operations in the country. …

The Federal Government is currently considering two major options for the rehabilitation of the aging Carter Bridge in Lagos: a complete replacement of the bridge with a modern cable-stayed structure …

At least ten Nigerian states have collectively raised their domestic debt stock by ₦417.7 billion within a year, despite receiving increased monthly revenue from the Federation Account Allocation Committee (FAAC), …

Maritime industry stakeholders have raised concerns over the high cost of marine security in Nigeria, revealing that shipowners still spend between $5,000 and $8,000 daily to hire private security vessels, …

Fuel prices at filling stations across Lagos and Ogun States have started falling below the N900 per litre mark following a N40 reduction in ex-depot prices by Dangote Petroleum Refinery. …