Economic

Latest Economic News

Naira Gap Narrows to N65 as BDCs Await Fresh Dollar Supply

The spread between Nigeria’s official foreign exchange market and the parallel market

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African Development Bank Approves $200m Loan for Climate-Smart Agriculture in Nigeria

The African Development Bank (AfDB) has approved a $200 million loan to

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Tax Reform Committee Denies 25% Levy on Building Materials

The Presidential Fiscal Policy and Tax Reforms Committee has dismissed reports that

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UK Introduces eVisa for All Visitors Starting February 25, 2026

The United Kingdom will fully replace paper visa documents with electronic visas

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Power Sector Debt Hits ₦3 Trillion, NBET Faces Senate Scrutiny

The Senate Committee on Finance yesterday grilled the Nigerian Bulk Electricity Trading

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Lagos–Calabar Highway Under Threat from Vandalism and Improper Waste Disposal

The Federal Government has expressed serious concern over escalating vandalism of critical

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Nigeria’s Oil-Producing States Receive ₦1.51 Trillion from 13% Derivation Fund in 2025

Nigeria’s nine oil-producing states earned a combined ₦1.51 trillion from the 13%

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Drama in Senate as Lawmakers Clash During 2026 Budget Defence

  A heated exchange disrupted proceedings in the Senate on Wednesday as

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Bwari Chairman Presents N30.6bn 2026 Budget to FCT Legislature

Bwari Area Council Chairman, John Gabaya, has presented a N30.6 billion appropriation

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