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Economy

Explore updates on inflation rates, employment data, government policies, exchange rates, and business activity. Get expert insights into economic shifts and financial stability.

Tinubu Approves Comprehensive Forensic Audit of IPPIS, Federal Agencies

By Elizabeth Ugbo President Bola Ahmed Tinubu has approved a comprehensive forensic audit of IPPIS and Federal Government agencies to…

RMAFC, NEITI Strengthen Partnership on Revenue Mobilisation and Transparency

By Elizabeth Ugbo The Revenue Mobilization, Allocation and Fiscal Commission (RMAFC) and the Nigeria Extractive Industries Transparency Initiative (NEITI) have…

NCC Calls for More Investment in Local Technologies to Boost Digital Inclusion

By Elizabeth Ugbo The Nigerian Communications Commission (NCC) has urged investors and technology firms to increase funding for local innovations.…

Tinubu Receives NIMASA DG, Reaffirms Commitment to Maritime Sector Development

By Elizabeth Ugbo President Bola Ahmed Tinubu has received NIMASA Director-General Dr. Dayo Mobereola at the State House, Abuja, to…

Nigeria’s Economy Has Stabilised, Taiwo Oyedele Says

By Elizabeth Ugbo Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, said Nigeria’s economy has stabilized on…

Dangote Refinery Raises Petrol Gantry Price to N1,200 Per Litre

By Elizabeth Ugbo Dangote Petroleum Refinery raised its petrol gantry price from N1,185 to N1,200 per litre on Wednesday, August…

Canada Announces Retaliatory Tariffs Against US After Trump’s 50% Levy

By Elizabeth Ugbo Canada’s Prime Minister Mark Carney announced retaliatory tariffs on Saturday, August 23, 2026, targeting US goods worth…

Atiku’s Fuel Subsidy U-Turn Raises Questions Over Economic Policy

By Elizabeth Ugbo Former Vice President Atiku Abubakar has renewed debate over petrol subsidy in Nigeria, after supporting its return…

NFIU Receives 42,082 Suspicious Transaction Reports in 2025

By Elizabeth Ugbo The Nigerian Financial Intelligence Unit (NFIU) received 42,082 Suspicious Transaction Reports (STRs) from banks, fintechs and other…

Iran Warns Countries Against Joining US Economic War as Strait of Hormuz Crisis Deepens

By Elizabeth Ugbo Iran has warned countries against joining the United States’ economic war amid rising tensions. The warning came…