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Lagos State recorded a total revenue of N2.6 trillion in 2025, with internally generated revenue (IGR) rising by 18.5%. Discover the factors behind Lagos r
Manufacturers in Nigeria saw a temporary easing in cost pressures in the first quarter of 2026, offering a modest reprieve read more Manufacturers’ cost burden eased in Q1, but renewed price pressures raise concerns
NNPC has accused Dangote Refinery of attempting to monopolize fuel import licenses, warning that legal action could threaten energy security. The dispute highlights ongoing tensions in Nigeria's oil sector.
In the discourse of building a sustainable economy, securing a nation or establishing family legacy, there must be ethical men read more Inside push to move the Nigerian boy-child out of the ‘Macho Box’
Dr. Abubakar Dantsoho, the Managing Director of the Nigerian Ports Authority, has highlighted outdated port infrastructure as a significant barrier to efficient maritime operations in West and Central Africa. His remarks underscore the urgent need for modernization in the region's port facilities.
The cost of maintaining a healthy diet in Nigeria has increased to N1,513 per adult per day as of February 2026. This marks a 3.76% rise, highlighting ongoing food inflation challenges in the country.
Temi Popoola, CEO of Nigerian Exchange Group, has called for better integration of the capital market into the Central Bank of Nigeria's monetary policy framework. This move aims to enhance financial stability and growth in Nigeria's economy.
The President of AFBTE, Chinedum Okereke, has highlighted that Nigeria's high interest rates are severely impacting businesses. He emphasized that despite a recorded growth, the financial burden remains a significant challenge for the sector.
A report suggests that increased AI adoption could add $22 billion to Nigeria's GDP by 2035. The government is collaborating with Meta to launch an AI chatbot aimed at enhancing governance and service delivery.
Nigeria's National Single Window portal has successfully processed over 39,000 trade applications in just eight weeks. This reflects an increasing dependence on the platform for trade facilitation.
Edo State Governor, Monday Okpebholo, has provided working capital to 637 beneficiaries of the LIFE-ND agribusiness project. This initiative aims to enhance youth empowerment in the region.
Kayode Fayemi has urged African leaders to embed tourism into their economic development strategies. He emphasizes the need for sustainable tourism policies that transcend electoral cycles.
Nigeria's poultry industry is in crisis due to soaring feed and chick costs, making eggs and chicken unaffordable for many. This situation poses a significant threat to the country's food security.
A 30-year-old Osun man has been sentenced to death by hanging for the murder of a 62-year-old woman at a palm oil processing site. Read more on this Osun m
The Naira has appreciated to N1,376 per dollar in the parallel market, matching the official market rate. This is an improvement from the previous rate of N1,387 per dollar.
NNPC has accused Dangote Refinery of attempting to establish a fuel monopoly, which could jeopardize Nigeria's energy security. The oil corporation warns that this move may lead to supply disruptions and price instability.
Lagos State Government achieved a total revenue of ₦2.6 trillion in 2025, with Internally Generated Revenue (IGR) reaching ₦1.87 trillion. This marks a significant financial milestone for the state.
NNPC argued that Dangote refinery’s lawsuit against fuel import licences could create a monopoly, threaten supply security and destabilise Nigeria’s fuel market. The post NNPC accuses Dangote refinery of seeking fuel monopoly in court filing appeared first on Premium Times Ni...
Ram prices in Kano have reached N700,000, but sellers are facing low patronage ahead of Eid-el-Kabir. This situation has raised concerns among the sellers despite a high supply of livestock.
One Acre Fund Nigeria has launched a program to provide credit support to 88,000 smallholder farmers in Nasarawa, Niger, Kwara, and Plateau states. This initiative aims to enhance agricultural yields and improve the livelihoods of local farmers.
The Federal High Court in Abuja has granted the Central Bank of Nigeria exclusive ownership of the eNaira digital currency platform. This decision reinforces the CBN's control over Nigeria's digital currency initiative.
Nigeria’s state oil firm NNPC has accused Dangote Petroleum Refinery of seeking to restrict competition and expose the country’s fuel read more Nigeria’s NNPC accuses Dangote refinery of seeking fuel monopoly in court filing
Recent tax reforms highlight a widening gap between states that can attract businesses and those reliant on FAAC funding. Productive states are set to gain more from these changes, emphasizing the need for economic diversification.
The Forex trading landscape in Nigeria has witnessed a remarkable surge in recent years, with more and more Nigerians seeking reliable and trustworthy brokers to navigate the complexities of the global financial markets. Amidst the sea of Forex brokers vying for the attention of ...
NNPC is raising concerns about a monopoly as Dangote pushes into the petrol market following the failure of state refineries. The company warns that its fuel import rights could be jeopardized by this competition.
Japan is set to receive its first crude oil shipment through the Strait of Hormuz since the outbreak of the read more Japan receives first Saudi crude cargo through Hormuz since Iran war
Nigerians are increasingly using Monica Cash for faster bitcoin to naira withdrawals amid rising demand for quicker settlement systems. The platform, operated by Monica Technologies Limited, is gaining traction in the digital asset market.
BMONI and Mastercard collaborate to offer Nigerians instant access to Naira and USD virtual and physical cards, simplifying local and cross-border transact
Morocco recorded a sharp rise in inflation in April as higher fuel and transport costs linked to tensions in the read more Morocco inflation climbs to 1.7% on rising transport, fuel costs
Nigerian Breweries Plc says it is prioritising local currency funding and aggressively reducing foreign exchange exposure after the naira volatility of read more Nigerian Breweries to prioritise local currency funding after recovering from FX crisis