Nigeria’s inflation rate rises to 15.93% in May 2026 — NBS
In May 2026, the Headline inflation rate on a month-on-month basis was 1.75%, which was 0.39% lower than the rate...
Economy
Nigeria Q1 2026 Company Income Tax falls to N1.37tn — NBS
Abdullateef Fowewe Company Income Tax (CIT) collections in Nigeria amounted to ₦1.37 trillion in Q1 2026, the National Bureau of...
NGX gains 0.88% as market capitalisation rises to N156.97tn
Nike Popoola The Nigerian Exchange (NGX) operated for four trading days during the week, following the Federal Government's declaration of...
Nigeria posts N7.55tn trade surplus as Q1 2026 exports rise — NBS
Abdullateef Fowewe Nigeria’s total merchandise trade reached ₦34.788.59tn in the first quarter of 2026, driven by stronger exports and lower...
Dangote Refinery strengthens Africa’s energy security with up to 700,000 barrels per day
Nike Popoola Dangote Petroleum Refinery & Petrochemicals has increased its crude oil processing capacity to 700,000 barrels per day (bpd)...
Presidency compares debt ratios with Egypt, South Africa says Nigeria can still borrow for infrastructure
Abdullateef Fowewe Special Adviser to President Bola Tinubu on Information and Strategy, Bayo Onanuga has defended Nigeria’s borrowing levels, saying...
Kwairanga calls for stronger Africa capital market integration at Nairobi Securities Exchange meeting
Nike Popoola The Group Chairman of NGX Group, Alhaji (Dr.) Umaru Kwairanga, has called for deeper collaboration among African capital...
Nigeria’s GDP rises to 3.89% in Q1 2026, services sector leads recovery —NBS
Abdullateef Fowewe Nigeria’s economy has expanded at a faster pace in the first quarter of 2026. This was made known...
Nigeria urges startups to apply for AfCFTA–Korea acceleration programme
Abdullateef Fowewe Nigeria’s Ministry of Foreign Affairs has urged local entrepreneurs and startups to apply for the newly launched AfCFTA...
FG defends delayed budget reports, says fiscal years are defined by law
Nike Popoola The Federal Government has clarified that Nigeria’s fiscal year is determined by legislative provisions and not strictly by...