Economic

Latest Economic News

Nigeria’s Urban Population Projected to Reach 264 Million by 2050

Nigeria’s urban population is projected to reach 264 million by 2050, underscoring…

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Economy: Nigeria to Record Fastest Growth in 2026 — World Bank

The World Bank has projected that Nigeria’s economy will record its fastest…

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FG seeks private capital for airports, slashes 2026 aviation budget

Nigeria’s aviation sector will operate under tighter fiscal conditions in 2026 as…

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Angola Gets $500m Boost as JPMorgan Extends Debt Facility

Angola has secured an additional $500 million in funding after extending an…

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UK Investors Lead Nigeria’s Foreign Capital Inflow with $48 Million in 2025

The United Kingdom was Nigeria’s top source of new foreign investment in…

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U.S. to Increase Immigration Processing Fees by 5.6% Starting March 1, 2026

The United States Department of Homeland Security (DHS) has confirmed a significant…

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Naira Strengthens to N1,424.5/$ in Second Trading Week of 2026

The Nigerian naira recorded a modest but steady appreciation against the U.S.…

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KPMG Warns New Tax Law Ambiguities May Hurt Investment

Professional services firm, KPMG, has raised concerns that ambiguities and inconsistencies in…

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Naira Slides to ₦1,490/$ as FX Gap Widens

The naira weakened further against the United States dollar on Wednesday, reflecting…

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Cement Stocks Surge as Investor Confidence Lifts Market to ₦20.97tn

Nigeria’s cement sector closed 2025 as one of the strongest performers on…

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