Economic

Latest Economic News

FG Unveils Plan to Deliver 77,400 Affordable Homes Nationwide Under Renewed Hope Agenda

In a bold move to address Nigeria’s longstanding housing deficit, the Federal

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Naira Holds Firm as Central Bank Bolsters Market, Sharp Gains Unlikely.

  Nigeria’s naira is projected to remain stable in the coming weeks,

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Stock Market Dips as Investors React to CBN’s Monetary Policy Hold

The Nigerian equities market ended last week in the red, as investor

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Dangote Refinery Announces Nationwide Petrol Price Reduction

In a move expected to bring relief to consumers, Dangote Petroleum Refinery

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Tinubu Administration Invests N2.2 Trillion in Infrastructure, Completes 260 Road Projects

The Federal Government has committed over N2.2 trillion to infrastructure development nationwide,

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Africa Needs $600bn Annually to Meet Energy Demand – NUPRC

Africa must secure over $600 billion in annual investments to meet its

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Inflation Gap Widens: National Rate Falls While Abuja, 10 States See Sharp Price Hikes

Despite a nationwide moderation in Nigeria’s inflation figures for April 2025, data

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World Bank: Lifting Import Bans Could Boost Nigeria’s Customs Revenue by 66%

The report highlights that restrictive trade measures, including import bans and inconsistent

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Naira Strengthens as Non-Bank Institutions and Exporters Drive 62% of Forex Supply

The naira recorded marginal gains on Monday across the official foreign exchange

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Petrol Price Falls to N915 in Abuja as Global Oil Market Softens

Motorists in Abuja are seeing a modest but welcome relief at the

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