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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.

China Defends Nigeria Investment Figures as Imports Rise 81% in First Half of 2026

By Elizabeth Ugbo The Chinese Embassy in Nigeria has explained why its investment figures differ from Nigeria’s official records, stating…

FG Begins ₦50,000 MSME Grant Disbursement Through BOI as Beneficiaries Receive Payments

By Elizabeth Ugbo The Federal Government has commenced the disbursement of the ₦50,000 MSME Grant through the Bank of Industry…

Dangote Refinery Resumes Naira Petrol Sales to Prevent Scarcity, Price Hike

By Elizabeth Ugbo The Dangote Petroleum Refinery has resumed selling Premium Motor Spirit (PMS) in naira after importers allegedly withheld…

Nasarawa Governor Abdullahi Sule Reshuffles Cabinet, Relieves Six Commissioners

By Elizabeth Ugbo Governor Abdullahi Sule of Nasarawa State has relieved six commissioners of their appointments during a minor cabinet…

Senate Summons CBN, NNPCL, 40 MDAs Over Public Funds, Revenue Remittances

By Elizabeth Ugbo The Senate on Wednesday resolved to summon the Central Bank of Nigeria (CBN), the Nigerian National Petroleum…

Andy Burnham Becomes UK Prime Minister, Unveils Priorities to Restore Confidence

By Elizabeth Ugbo Andy Burnham will officially become Britain’s new prime minister on Monday after King Charles III invites him…

FGN/BOI Opens Application Portal for ₦75 Billion MSME Intervention Fund

By Elizabeth Ugbo The Federal Government, in partnership with the Bank of Industry (BOI) and the Nigerian Association of Small…

Tinubu Signs Executive Order to Regulate Virtual Assets, Establishes Coordinating Council

By Elizabeth Ugbo President Bola Ahmed Tinubu has signed the Presidential Executive Order on Virtual Assets Coordination 2026 in Abuja,…

FG Launches $552m HOPE-EDU Programme to Boost Education, Human Capital Development

By Elizabeth Ugbo The Federal Government on Friday launched five World Bank-backed programmes in Abuja to strengthen education, healthcare, social…

Affordable Housing in Nigeria Requires Strong Public-Private Partnership, Says Developer

By Elizabeth Ugbo Affordable housing in Nigeria can only become a reality if the government, private developers and financial institutions…