Business & Economy

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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Dr. Zacch Adedeji, the chairman of the Nigeria Revenue Service (NRS), stated Wednesday that the nation does not yet have a system in place for taxing business owners in the unorganized…
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The Lagos Internal Revenue Service's notice on the execution of the tax law has sparked yet another dispute among Nigerians regarding the country's tax regulations. In a notice…
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Despite persistent structural issues, the World Bank has maintained Nigeria's economic growth projection at 4.4% for 2027, indicating continued optimism about the nation's medium-term…
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In order to maintain better navigation safety and wreck disposal in the country's seas, the Nigerian Navy has stepped up its cooperation with the Nigerian Maritime Administration and…
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