Tag: Nigerian Economy

Naira appreciates to N1,387/$ in parallel market

The naira recorded mixed performance across foreign exchange markets, appreciating slightly in…

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Naira Strengthens to N1,345/$ at Official Market, Trades N1,390–N1,405 on Parallel Market

The Nigerian currency, the naira, recorded a marginal appreciation on Tuesday as…

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Dangote: FG Earns 52 Kobo Per N1 From Cement Business

Africa’s richest man, Aliko Dangote, has disclosed that the Federal Government earns…

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FG Raises 2026 Borrowing Plan to N29.2 Trillion as Fiscal Deficit Widens

The Federal Government of Nigeria has revised its borrowing plan for 2026…

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Pension Industry Proposes Investment Consortium to Tackle Nigeria’s Infrastructure Deficit

The Nigerian pension industry is taking a proactive step to address the…

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Nigeria Records $6.44bn Capital Importation in Q4 2025 – NBS

Nigeria recorded a total capital importation of $6.44 billion in the fourth…

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Edun Says Government Policies Will Keep Food Prices Stable Despite Global Economic Pressures

Nigeria’s Minister of Finance and Coordinating Minister of the Economy, , has…

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Nigeria’s Food Import Bill Hits N7.65 Trillion as Local Production Struggles

Nigeria spent ₦7.65 trillion on food and beverage imports in 2025, highlighting…

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Nigeria’s Manufacturing Sector Generates N875bn VAT in 9 Months, Surpasses 2023 Total

Nigeria’s manufacturing sector recorded a sharp rise in Value Added Tax (VAT)…

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Naira Depreciates to N1,359.5/$ Amid Parallel Market Pressure

The Nigerian naira continued its gradual decline against the United States dollar…

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