Live intelligence from 10+ verified Nigerian and UK sources
Nigeria-UK trade reached £7.6bn, marking a 10.8% increase, largely driven by Nigeria’s crude oil exports. Learn about the key trade figures and trends.
PMAWCA has launched a €59m, five-year West African Sustainable Ocean Programme to promote climate resilience and a blue economy in 13 countries.
Domestic airfare in Nigeria is approaching N200,000 for one-way flights as airlines respond to the rising cost of aviation fuel. This increase is significantly affecting travelers across the country.
A report highlights that increasing logistics and energy costs are jeopardizing Nigeria's non-oil exports, particularly affecting SMEs. Despite the growing demand, these rising costs pose significant challenges to the sector.
The FAO has urged governments and financial institutions to explore alternative trade routes to prevent a looming global food crisis. This call comes as the organization highlights the urgent need for support to help countries navigate the current challenges.
Farmers are collaborating with the Cocoa Research Institute of Nigeria (CRIN) to enhance the cocoa and coffee value chains in Nigeria. The initiative aims to improve production, research, and sustainability while empowering farmers.
The naira on Wednesday traded almost flat against the dollar in the official foreign exchange (FX) market on the same read more Naira holds steady after CBN retains interest rate at 26.5%
The 2026 FIFA World Cup is facing a potential tourism setback as hotel operators report that 70% of reserved rooms have been canceled. This development raises concerns about the anticipated economic benefits for the United States.
The Centre for the Promotion of Private Enterprise (CPPE) supports the Central Bank of Nigeria's decision to maintain policy rates. They emphasize that economic growth relies on productivity rather than elevated interest rates.
Indigenous oil producers in Nigeria are raising investment in near-term extraction projects as rising crude oil prices triggered by the read more Nigerian oil firms ramp up production expansion amid Middle East conflict
A defining idea emerged at the Africa Forward Summit 2026, cutting through familiar narratives about Africa’s growth: the continent can no longer be seen as a collection of fragmented economies,
He said inflation rose marginally for two consecutive months, largely induced by external shocks, especially the ongoing war between the US/Israel and Iran, which has exerted upward pressure on energy prices and transportation costs. The post How economic reforms muted Middle Eas...
Though there is a slight drop from what was recorded in February, the CBN said at the press briefing that Nigeria's external reserves remained robust. The post Nigeria’s gross external reserve drops slightly to $49.49 billion – CBN appeared first on Premium Times Nigeria.
Growing appetite for the proposed Dangote Refinery Initial Public Offer (IPO) is reshaping investor behaviour across Nigeria’s financial markets, with read more Investors stockpile funds in Money Market ahead of Dangote IPO
The N2.24 trillion tax revenue shortfall recorded by Nigeria Revenue Service’s (NRS) for the first quarter of 2026 has triggered read more FG’s tax revenue shortfall raises compliance, debt concerns
The Presidency has recognized RegTech as a key tool for enhancing financial inclusion and fostering a trusted digital economy. The Central Bank of Nigeria emphasizes that effective regulation should promote innovation rather than hinder growth.
The UK has eased sanctions on Russian jet fuel and diesel imports, allowing for imports of Russian crude oil refined in third countries. This decision has faced criticism from opposition parties.
Even in a roaring bull market, a rising tide doesn’t lift every boat. The Nigerian stock market has delivered remarkable read more Inside double-digit dip club no investor wants to join now
The Central Bank of Nigeria has decided to maintain the interest rate at 26.5%. This follows a previous reduction of the Monetary Policy Rate earlier this year.
Concerns are mounting over the economic viability of establishing an Airbus Maintenance, Repair, and Overhaul (MRO) facility in Nigeria, with read more Nigeria’s two airbus dims Tinubu’s $500m maintenance facility ambition
The Lagos State Government has allocated ₦5 billion to support small businesses through its LASMECO program. This initiative aims to enhance funding access for entrepreneurs and cooperatives in the state.
Rising logistics and energy costs are constraining the growth of Nigeria’s non-oil export sector, forcing many small exporters out of read more Crippling logistics, energy costs threaten Nigeria’s non-oil export growth
Even in a roaring bull market, a rising tide doesn’t lift every boat. The Nigerian stock market has delivered remarkable read more Inside double-digit dip club no investor wants to join now
The Central Bank of Nigeria has decided to keep the Monetary Policy Rate at 26.5% after its latest meeting. This decision reflects the bank's ongoing strategy to manage the economy effectively.
The Central Bank of Nigeria (CBN) on Wednesday retained its benchmark interest rate at 26.5 percent following the conclusion of read more CBN holds benchmark interest rate at 26.5% amid renewed inflationary pressure
The Federation Account Allocation Committee (FAAC) is set to release the sum of N7 billion monthly, amounting to N84 billion read more FAAC to release N7bn monthly for infrastructure financing in Ebonyi, others
Michael Olugbode in Abuja Nigeria and China are moving to deepen cooperation in tourism, heritage preservation, and the creative economy as both countries seek to unlock new economic opportunities beyond
Omolabake Fasogbon An estimated 175 million to 180 million Nigerians still lack access to clean cooking energy, according to tracking data from the World Bank and the International Energy Agency
It also led to the seizure of the largest multi-billion naira meth in history and the arrest of the cartel's kingpin, three Mexican technical experts, and six other top local collaborators. The post NDLEA busts Nigerian-Mexican meth cartel, arrests drug baron appeared first on Va...
Pan Ocean Oil Corporation (Nigeria) Limited and the Newcross Group of Companies have announced the appointment of Remilekun Soyannwo as read more Pan Ocean Oil appoints Soyannwo as independent non-executive director