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The prices of tomatoes and peppers in Nigeria have surged, making stew a luxury for many households. Families are increasingly feeling the financial strain as essential ingredients become unaffordable.
The Central Bank of Nigeria's reforms have led to a significant increase in foreign exchange inflows, reaching $112 billion. This positive shift has bolstered investor confidence in the Nigerian economy.
The African Development Bank has approved a $200 million financing facility to support the Bank of Industry in Nigeria. This initiative aims to enhance the growth of small and medium enterprises in the country.
The Presidency and Finance Minister Taiwo Oyedele have linked Nigeria's recent S&P credit rating upgrade to increasing international confidence in President Tinubu's reforms. This development is seen as a positive sign for the country's economic outlook.
Nigeria’s rising debt figures mask a deeper reality driven largely by naira devaluation, FX volatility, and long-hidden liabilities, writes Festus Akanbi Nigeria’s rising debt profile has again returned to the center
The legal battle over Union Bank of Nigeria is raising fresh concerns over investor confidence and regulatory credibility in Nigeria’s banking sector, writes Sunday Eghiator The intensifying legal confrontation between the
Jigawa and Kwara states are focusing on empowering women to boost economic growth through various initiatives. This strategy aims to transition women from informal sectors like food vending to more sustainable factory jobs.
Nigeria's retail trading sector is experiencing significant growth due to favorable economic reforms. These changes are positively influencing market dynamics and participation levels.
Nigeria's federation oil earnings decreased by N78.7 billion, even as crude prices increased. This decline raises concerns about the factors affecting PSC proceeds and overall revenue.
The Tinubu administration is implementing bold reforms to strengthen Nigeria's economy. These efforts aim to create a more resilient economic foundation for the nation.
Rising cow prices in Nigeria are leading low-income families to eliminate meat from their diets, exacerbating malnutrition issues. This trend highlights the growing economic challenges faced by many households in the country.
The Bank of Agriculture has partnered with the Nigerian Air Force to provide concessional financing for farming. This initiative aims to enhance productivity among NAF officers and personnel.
Nigeria's oil production has increased due to the collaboration between surveillance firms and local communities. This partnership is seen as a key factor in the sector's recent progress.
The legal action signals renewed friction in Nigeria’s downstream oil sector, nearly a year after the refinery withdrew an earlier suit challenging similar import permits The post Dangote files fresh lawsuit against Nigerian govt over fuel import licences appeared first on Prem...
The EU and UNDP are supporting Nigeria's efforts to close the youth skills gap and reduce unemployment. This partnership aims to implement key initiatives to enhance workforce development.
The group stressed that Nigeria’s inflation challenge remains structural and supply-driven, arguing that monetary tightening alone is insufficient to address the underlying cost pressures in the economy. The post CPPE warns inflationary conditions remain severe for households, ...
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Nigeria's credit rating has been upgraded by S&P Global Ratings from 'B-' to 'B', reflecting improvements in the economy. This upgrade is expected to enhance global investor confidence in the country.
The naira recorded a weekly loss in the official foreign exchange (FX) market despite a sharp increase in market liquidity read more Naira posts weekly loss despite 249.16% liquidity surge at NFEM
Huge marketing budgets are routinely dedicated to building a brand which resonates with customers, but the most cutting-edge companies also read more 3 Key ways to build strong brand culture in your company
Nigeria's sovereign credit rating has been upgraded to 'B' from 'B-' by S&P Global Ratings, thanks to President Tinubu's economic reforms. This positive change reflects an improved outlook for the country's economy.
The DMO has allotted N4.07 billion in May 2026 FGN Savings Bonds, aimed at enhancing retail participation in Nigeria's debt market. This initiative promotes financial inclusion by offering accessible investment opportunities for individuals and small institutions.
Dike Onwuamaeze The Centre for the Promotion of Private Enterprise (CPPE) has remarked that Nigeria’s inflation outlook in April 2026 reflected a fragile disinflation process as the pace of acceleration was relatively moderate and suggested a
…expands agric training reach with 25,300 new beneficiaries across value chains Lagos State is moving to capture a larger share read more Lagos targets bigger slice of N16.14trn food market with new infrastructure
The NRS leadership has been commended for its effective compliance reforms and efforts to enhance sustainable revenue. This recognition highlights the importance of economic resilience in national development.
PenCom said it considered the refinery’s strategic importance, strong business fundamentals, economic benefits, and growth potential before approving the request. The post PenCom grants one-off approval for PFAs to invest pension funds in Dangote Petroleum Refinery appeared fir...
S&P has upgraded Nigeria's credit rating for the first time in 14 years, citing structural reforms under the Tinubu administration. The liberalisation of the foreign exchange market has significantly contributed to this positive change.
The Federal Government has welcomed the recent S&P upgrade, highlighting it as a sign of increasing investor confidence in Nigeria's economic reforms. This upgrade comes despite ongoing economic challenges faced by the country.
S&P Global Ratings upgrades Nigeria’s credit rating to ‘B’ from ‘B-‘, citing economic reforms, higher oil production, and FX market liberalization.
An Anglican Bishop decries Nigeria’s economy and widespread hardship but expresses optimism that the nation will overcome its current challenges.