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Nigeria's trade surplus increased by 341% to N7.55 trillion in Q1 2026, attributed to higher exports and lower imports. This significant growth reflects positive trends in the country's trade balance.
The Federal Government has paid off over N700 billion in debts to local contractors, including N436.6 billion in May. This move is expected to enhance liquidity and stimulate economic growth.
Lagos is ramping up efforts to establish itself as Africa's leading hub for international investment. The city aims to attract global capital and enhance its economic landscape.
Nigeria continues to face a cooking gas shortage despite new shipments arriving, with prices reaching N2,400/kg. Retailers caution that shortages may persist without government intervention.
A tax expert urges the Supreme Court to urgently resolve the five-year-long VAT dispute between Rivers State and FIRS, bringing clarity to Nigeria’s fiscal
Bennett Oghifo Luxury real estate developer, 7-Fifteen Capital Limited, has formally entered the Lagos property market with the launch of its new office in Ikoyi, marking a significant milestone in
Emmanuel Addeh in Abuja Nigeria’s oil and gas industry recorded a significant increase in drilling activity in the first quarter of 2026, with the number of active rigs rising by
The Nigerian Bar Association Section on Business Law will hold its 20th Annual International Business Law Conference to assess Nigeria's economic reforms. This event aims to evaluate the effectiveness of these reforms in the business sector.
As geopolitical realignments accelerate the search for diversified energy sources, Africa’s strategic weight in global energy markets is growing, and with it, the opportunity for Nigeria to convert domestic capacity
Kayode Tokede The Nigerian stock market, yesterday sustained its positive momentum to commence trading for the week, with the market capitalization gaining N515 billion. The Nigerian Exchange Limited All-Share Index
Nigeria's trade surplus surged by 340.88% to N7.55 trillion in Q1 2026, a significant increase from N1.7 trillion in the previous quarter. This growth reflects a strong performance in the country's trade sector.
… urges brokers to strengthen liquidity management By Peter Egwuatu The Chairman of the Association of Securities Dealing Houses of Nigeria (ASHON), Sehinde Adenagbe, has described the newly introduced T+1 settlement cycle by CSCS PLC as a transformative development for Nigeria...
Power generation companies report that the Federal Government has not settled the N3.3 trillion power debt, despite presidential approval from Tinubu. This situation raises concerns about the financial stability of the power sector.
Nigeria's trade surplus increased by 341% to N7.55 trillion in the first quarter of 2026. This growth was attributed to higher exports and lower imports, as reported by the NBS.
The Lagos Chamber of Commerce and Industry warns that the proposed sugar tax could raise costs for both manufacturers and consumers. This could exacerbate existing challenges in the manufacturing sector.
Vice President Shettima asserts that Lagos is the birthplace of prominent businessmen Dangote and Rabiu, emphasizing the state's economic significance. His remarks highlight Lagos's pivotal role in Nigeria's economic landscape.
BlockDAG's $0.01 buyback initiative, along with Monero and XRP, highlights promising digital asset growth opportunities. Investors are encouraged to explore these top crypto gainers for potential gains.
House Speaker Tajudeen Abbas emphasizes the necessity of modern and credible data for Nigeria to reach a $1 trillion economy. He advocates for the Statistics Bill, 2025, to support this goal.
Farmers in Plateau State are facing significant financial losses due to counterfeit fertilisers. Traders are urging them to learn how to identify and report these substandard products.
South Africa is currently the largest employer in Africa, despite facing significant unemployment challenges. This paradox highlights the complexities of the labor market in the region.
A one-storey commercial building containing eight shops at Ikenga Ogidi, near the Building Materials International Market along the Onitsha–Enugu Expressway in Anambra State, has collapsed following heavy rainfall. The post Heavy rain triggers building collapse in Anambra, no c...
The Federal Government has settled over ₦700 billion in verified debts to local contractors, including ₦436.6 billion in May. This move is expected to boost economic activity significantly.
Africa's economic recovery is slowing, with five out of eight major economies experiencing contractions. Inflation and external shocks are significantly impacting the private sector's recovery efforts.
BATN highlights that weak policy execution is the main barrier to Nigeria's industrial development. The organization calls for improved implementation strategies to foster growth.
Nigeria needs to secure $47.6 billion each year to sustain its economic reform achievements. This funding is crucial for transitioning from stabilization to sustainable growth.
The update comes as Nigeria continues to pursue an environmentally friendly crude oil production regime. The post Higher Revenue Allocations To Oil Communities Have Reduced Attacks On Oil Facilities — NUPRC appeared first on Channels Television.
Oil prices jumped more than $4 on Monday, with investors spooked by fresh Israeli strikes on Iran as well as read more Oil prices climb more than $4 after Israeli strikes on Iran and Lebanon
…as NEPC preps, point farmers’ attention to economic benefits of aquaculture The Nigerian Export Promotion Council (NEPC) is preparing stakeholders read more Bayelsa farmers to win big in $1.96bn Nigeria’s seafood market
Temi Popoola highlights the importance of Nigeria's capital market in fostering inclusive and responsible wealth generation. He advocates for a shift beyond mere wealth creation to ensure broader economic benefits.
Traders in Anambra State are linking the recent spike in tomato prices to flooding issues affecting supply. They report a significant shortage of tomatoes in major markets due to these environmental challenges.