Economic

Latest Economic News

BudgIT Flags 92 Fraudulent Projects Nationwide

  BudgIT, a leading budget transparency and accountability organisation, has raised alarm

Taiwo Ajayi Taiwo Ajayi

₦16.5bn Road Projects Transform Ilesa Into Business Hub

The Osun State Government has said the newly completed ₦16.5 billion dual

Taiwo Ajayi Taiwo Ajayi

Nigeria Spends Over N7trn on Power Sector, Darkness Persists After Four Presidents

More than a decade after the privatisation of Nigeria’s power sector, the

Taiwo Ajayi Taiwo Ajayi

Lagos Leads as State Budgets Rise 45% to N36.98tn in 2026

Lagos State has emerged as the country’s biggest sub-national spender, with a

Taiwo Ajayi Taiwo Ajayi

Vitafoam Plans Capital Increase, Bonus Share Issue After Strong 2025 Financial Turnaround

Vitafoam Nigeria Plc has announced plans to increase its issued share capital

Taiwo Ajayi Taiwo Ajayi

Ghana Records Further Drop in Inflation; Nigeria Awaits January CPI Figures

Ghana’s inflation rate dropped to 3.8 percent in January 2026, down from

bethel innocent bethel innocent

Naira Rises to N1,455/$ in Parallel Market

The naira appreciated against the United States dollar on Tuesday, strengthening in

Taiwo Ajayi Taiwo Ajayi

We Will Not Reverse Reforms, Tinubu Assures World Bank

President Bola Tinubu has reaffirmed his administration’s commitment to Nigeria’s ongoing economic

Taiwo Ajayi Taiwo Ajayi

Naira Strengthens at Official Market as February Trading Opens on Positive Note

The Nigerian naira opened trading in February 2026 on a stronger footing,

Taiwo Ajayi Taiwo Ajayi

Naira Faces Pressure as Kevin Warsh Nomination Signals Stronger US Dollar

The Nigerian naira faces renewed pressure following the nomination of Kevin Warsh

Taiwo Ajayi Taiwo Ajayi