Economic

Latest Economic News

Nigeria’s Retail Sector Undergoes Structural Shift as Mall Sales Rise Amid Economic Pressure

Nigeria’s retail sector is undergoing a quiet but significant structural shift as…

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Naira depreciates to N1,392/$ in parallel market

The  Naira yesterday depreciated to N1,392 per dollar in the parallel market…

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PenCom Grants PFAs Special Approval to Invest in Dangote Refinery $50bn IPO

The National Pension Commission (PenCom) has granted Pension Fund Administrators (PFAs) regulatory…

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FG Awards Major Road Contracts Across Key States

The Federal Government has signed major contract agreements with four construction firms…

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Tinubu Says Nigeria Attracted Nearly $20bn in Foreign Investments

President Bola Ahmed Tinubu has revealed that Nigeria attracted nearly $20 billion…

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Nigeria Seeks $1.25bn World Bank Loan as Debt Hits N160tn Projection Amid Reform Push

The Federal Government is seeking a fresh $1.25bn loan from the World…

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Wike Hails Completion of Apo Mechanics Relocation, Inspects Ongoing FCT Road Projects

  Federal Capital Territory (FCT) Minister, Nyesom Wike, says the long-awaited relocation…

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Lagos to Begin Charging Motorists for On-Street Parking Before End of 2026

Lagos State will begin charging motorists for parking on designated streets before…

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New Tax Reforms May Trigger Higher Bank Charges — Experts

Nigerian consumers may soon face higher banking and service charges as financial…

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FCCPC, NAFDAC Sign Fresh MoU to Speed Up Consumer Complaints Resolution

The Federal Competition and Consumer Protection Commission (FCCPC) and the National Agency…

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