Economic

Latest Economic News

UK Leads Capital Inflows Into Nigeria in Q3 2025 — NBS

The United Kingdom emerged as Nigeria’s largest source of capital inflows in…

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Nigeria’s Inflation Eases to 15.10% in January 2026 – NBS

  Nigeria’s headline inflation rate moderated slightly to 15.10 percent in January…

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Thousands Trapped as Abuja–Lokoja Expressway Suffers Fresh Gridlock

Commuters were stranded for hours on Monday following a severe traffic gridlock…

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FG Probes Temu Over Alleged Breach of Nigeria’s Data Protection Law

  The Federal Government has initiated a formal investigation into e-commerce platform…

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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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