Economic

Latest Economic News

Angola Gets $500m Boost as JPMorgan Extends Debt Facility

Angola has secured an additional $500 million in funding after extending an

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UK Investors Lead Nigeria’s Foreign Capital Inflow with $48 Million in 2025

The United Kingdom was Nigeria’s top source of new foreign investment in

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U.S. to Increase Immigration Processing Fees by 5.6% Starting March 1, 2026

The United States Department of Homeland Security (DHS) has confirmed a significant

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Naira Strengthens to N1,424.5/$ in Second Trading Week of 2026

The Nigerian naira recorded a modest but steady appreciation against the U.S.

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KPMG Warns New Tax Law Ambiguities May Hurt Investment

Professional services firm, KPMG, has raised concerns that ambiguities and inconsistencies in

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Naira Slides to ₦1,490/$ as FX Gap Widens

The naira weakened further against the United States dollar on Wednesday, reflecting

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Cement Stocks Surge as Investor Confidence Lifts Market to ₦20.97tn

Nigeria’s cement sector closed 2025 as one of the strongest performers on

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Gombe Govt Approves New Road, Airport, GIS Projects

  The Gombe State Government has formalised contracts for multiple infrastructure projects

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GTCO Explains ₦10bn Capital Raise, Cites Regulatory Compliance

Guaranty Trust Holding Company Plc (GTCO) has explained the rationale behind its

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CBN forecasts 4.49% GDP growth for Nigeria in 2026

Nigeria’s economy is expected to grow by 4.49 per cent in 2026,

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