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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.

Atiku’s Fuel Subsidy Proposal: What Restoring Petrol Subsidies Could Mean for Nigeria

By Elizabeth Ugbo Former Vice President Atiku Abubakar has proposed restoring petrol subsidies if elected president in the next election,…

Naira Holds Firm at N1,350 as Parallel Market Sells Dollar at N1,415

By Elizabeth Ugbo The Nigerian naira remained relatively firm against the US dollar on Wednesday, August 19, 2026. The currency…

Dangote Refinery Secures $1bn Backing Ahead of Planned IPO

By Elizabeth Ugbo Dangote Petroleum Refinery & Petrochemicals FZE (DPRP) has secured $1 billion in underwriting backing from Marob Strategies…

FCCPC Probes Possible Cement Price Manipulation in Nigeria

By Elizabeth Ugbo The Federal Competition and Consumer Protection Commission (FCCPC) has opened an investigation into possible cement price manipulation…

CBN Reopens OMO Market to Local Investors After Seven-Year Restriction

By Elizabeth Ugbo The Central Bank of Nigeria (CBN) has lifted its seven-year restriction on local investors’ access to Open…

Free Business Registration: SMEDAN, CAC Partner to Register 250,000 MSMEs

By Elizabeth Ugbo The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) and the Corporate Affairs Commission (CAC) have…

Apply for FG’s YOUTHCRED Loan for Caterers, Fashion Designers, Others

By Elizabeth Ugbo The Federal Government launched the YOUTHCRED for Entrepreneurs programme in Abuja on Wednesday to help young business…

BCDA Leadership Crisis: Tinubu’s Appointment Stalls N10bn Funding Release

By Elizabeth Ugbo The Border Communities Development Agency (BCDA) faces a leadership crisis as the Finance Ministry holds back N10…

FG to Begin N35,000 Wage Award Payments Before Mid-August, Clears Promotion Arrears

By Elizabeth Ugbo The Federal Government has assured federal civil servants that it will begin paying the outstanding N35,000 wage…