President of Dangote Industries Limited, Aliko Dangote, has said he would prefer not to be described as the richest man in Africa, saying his goal is to be recognised as …
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Economy
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 …
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 …