Economy

The Organised Private Sector of Nigeria (OPSN) has called on the Federal Government to urgently introduce targeted economic stimulus packages to prevent the poverty rate from rising to 56 per …

The Nigerian Exchange Limited (NGX) added N966bn in market value last week, helped by improved investor confidence and strong performances by major banking and consumer goods stocks. The market only …

The African Shipowners Association has said that the disbursement of the Cabotage Vessels Finance Fund (CVFF) at a single-digit interest rate would bring massive growth opportunities for Nigeria’s maritime industry. …

BUA Cement Plc has posted a revenue of N290.8bn for the first quarter ended March 31, 2025, marking a massive increase of 80.5 per cent compared to the N161.1bn it …

The United States government has criticised Nigeria for delaying the approval of import permits for American agricultural products. In its 2025 National Trade Estimate Report on Foreign Trade Barriers, the …

Private sector leaders have warned Nigerian businesses to urgently review their 2025 plans, saying the economic outlook has worsened due to global instability and rising insecurity within the country. They …

Lafarge Africa Plc has kicked off 2025 on a strong note, posting a massive 837 per cent rise in profit after tax to N48.64bn for the first quarter, up from …

Nigeria has officially opened discussions with JPMorgan to re-enter its Government Bond Index for Emerging Markets (GBI-EM), almost a decade after being delisted. The Director-General of the Debt Management Office …

Members of the Organised Private Sector (OPS) have expressed fears that Nigeria’s rising inflation could kill the chances of reducing the country’s high interest rate. According to the National Bureau …

The Federal Government has disclosed that 107 companies invested a total of N2.53tn into the Nigerian economy before qualifying for their tax exemption approvals. The companies made these investments across …