Business & Economy

Following the issuing of Executive Order 09, which requires the repatriation of oil income to the federation account, President Bola Ahmed Tinubu has received advice on the next course…
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The second-best dollar gains in the globe this year have come from Nigerian stocks, which rose 31% in 2026 and recovered $21 billion in market value after the naira depreciated sharply…
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The recent African Union (AU) decision to formally confirm Nigeria's permanent participation on the Board of the African Monetary Institute (AMI) has been praised by Mr. Olayemi…
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Nigeria's rate of inflation decreased from 15.15% in December 2025 to 15.10% in January 2026. The National Bureau of Statistics (NBS) said Monday's release of its most recent…
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Despite ongoing output falling short of its quota, Nigeria's crude oil production grew to 1.459 million barrels per day in January 2026, solidifying the nation's position as Africa's…
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Dangote Petroleum Refinery has issued a warning that Nigerian fuel prices could approach N1,000 per litre if the country continues to rely on coastal supply of petroleum products. In…
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According to the International Monetary Fund (IMF), Nigeria's GDP is expected to reach $334 billion in 2026, overtaking Algeria as Africa's third-largest economy. According to the…
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Stakeholders in Nigeria’s maritime industry have blamed the persistent congestion and inefficiency at Lagos ports on the over-concentration of port activities in the state, describing…
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The Nigerian stock market yesterday commenced February 2026 trading activities on a positive note, as the major bench appreciated by 0.01 per cent. The Nigerian Exchange Limited All…
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Stakeholders in the South-South have been urged by the Warri Chambers of Commerce, Industry, Mines, and Agriculture (WACCIMA) to cease making concessions on matters that jeopardize the…
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