Economic

Latest Economic News

Centre Urges Relocation of Government Offices to Ease Abuja Gridlock

The Africa Development Studies Centre (ADSC) has called on the Federal Government…

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BudgIT Flags 92 Fraudulent Projects Nationwide

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

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₦16.5bn Road Projects Transform Ilesa Into Business Hub

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

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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…

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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…

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

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

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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…

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Naira Rises to N1,455/$ in Parallel Market

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

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We Will Not Reverse Reforms, Tinubu Assures World Bank

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

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

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

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