Latest Economic News
Nigeria’s Power Grid Under Pressure as Most Power Plants Remain Offline
Nigeria’s electricity sector is facing renewed pressure after fresh data revealed that…
Dangote Cement Unveils $1bn Plan to Boost African Production Capacity
Dangote cement has announced plans to invest $1 billion over the next…
Oyedele Urges Entrepreneurs to Harness Tax Reforms Through Proper Record-Keeping
Prof. Taiwo Oyedele, Chairman of Nigeria’s Presidential Committee on Fiscal Policy and…
CBN Withdraws N13.41 Trillion from Financial System as Liquidity Tightens in January 2026
Nigeria’s financial system experienced a significant liquidity squeeze at the start of…
World Bank Warns Nigeria, Developing Nations of Looming Youth Jobs Crisis
The World Bank Group has cautioned that Nigeria and other developing economies…
Reps Demand Full Debt Disclosure as FAAN Faces Revenue Scrutiny
The House of Representatives has intensified scrutiny of the Federal Airports Authority…
States with the Lowest Debt Burden in Nigeria as Subnational Liabilities Hit N4tn
Nigeria’s subnational debt profile climbed slightly to N4.002 trillion in September 2025,…
Oil Rally Nears $80 as Middle East Crisis Tests Nigeria’s Economy, Naira Slides to N1,375/$1
Escalating tensions involving Israel, Iran and the United States have pushed global…
Nigeria’s Net Foreign Reserves Jump 772% to $34.8bn
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has…