Economic

Latest Economic News

NERC Inaugurates Grid Code Review Panel to Strengthen Power Sector Operations

The Nigerian Electricity Regulatory Commission (NERC) has inaugurated the Grid Code Review

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Lagos GDP Reaches $259 Billion, Now Africa’s Second-Largest Economy

Lagos State’s Gross Domestic Product (GDP) has reached $259 billion, based on

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Lagos Unveils 2025 Economic Development Update, Targets Revenue Growth

The Lagos State Government has launched the 2025 Lagos Economic Development Update

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Housing Ministry to Launch ‘Uber for Artisans’ Platform for Skilled Workers

The Minister of Housing and Urban Development, Arc. Ahmed Musa Dangiwa, has

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Fire Guts Alesinloye Market in Ibadan

An early morning fire at Alesinloye Market, Ibadan Southwest, destroyed goods worth

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Naira rises to N1,565/$ in parallel market

The Naira yesterday appreciated to N1,565 per dollar in the parallel market

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House Committee Modifies Tax Reform Bills to Address Key Concerns

The House of Representatives Committee on Finance has modified key provisions in

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House of Reps Urges CBN to Suspend New ATM Charges

The House of Representatives has urged the Central Bank of Nigeria to

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Naira Depreciates to N1,570/$ in Black Market, Appreciates to N1,528/$ in NFEM

The Naira depreciated to N1,570 per dollar in the parallel market, dropping

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Federal Govt Secures $950M to Expand Renewable Electricity Access

The Rural Electrification Agency (REA) has secured $950 million in funding to

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