China and Nigeria yesterday signed a RMB 200 million (about $30 million) in grant assistance agreement to finance local development […]
Continue readingCategory Archives: ECONOMY
NESG: We’re Rewriting Nigeria’s Story Of Under-performance – Tinubu
President Bola Tinubu said yesterday that his administration is rewriting Nigeria’s decades-long story of economic under-performance through far-reaching reforms designed […]
Continue readingFG Considers Law To Prevent Reversal Of Economic ReformsÂ
The Federal Government is considering legislation to protect Nigeria’s economic reforms from reversal by successive administrations, as part of efforts […]
Continue readingNigeria’s Remittance Inflows Hit Record $1.57 Billion In Q2 2026
Nigeria’s inflows through International Money Transfer Operators (IMTOs) climbed to a record $1.57 billion in the second quarter of 2026, […]
Continue readingBREAKING: CBN Grants JP Morgan Approval To Establish Merchant Bank In Nigeria
The Central Bank of Nigeria (CBN) has granted JPMorgan approval-in-principle to establish a merchant bank in Nigeria, following the banking […]
Continue readingPetrol Landing Cost Falls To N1,283.81/ LitreÂ
The landing cost of imported Premium Motor Spirit, PMS, also known as petrol, has dropped marginally to N1,283.81 per litre […]
Continue readingFG Disagrees With World Bank Over H1 124% Debt Servicing/ Revenue Ratio
The Federal Government has disagreed with the World Bank on the latter’s debt servicing/revenue ratio for the first half of […]
Continue readingNigeria’s Imported Food Inflation Slows, But Prices Remain High – NBS
Nigeria’s imported food price growth slowed to 9.19 per cent in September 2026, its lowest level since March, according to […]
Continue readingNNPCL Increases Petrol Price To N1,405 Amid Disputed Fuel Discount
The Nigerian National Petroleum Company Limited, NNPCL, has increased its premium motor spirit, PMS, pump price following the announcement of […]
Continue readingFG To Examine Petrol Discount Scheme To Determine If Further Intervention Is Needed
The federal government plans to examine the petrol discount scheme by the Nigerian National Petroleum Company (NNPC) Limited after the […]
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