Economy

965 Articles
Economy

Senate Approves $516 Million Loan for Sokoto–Badagry Super Highway Project

Nigeria’s Senate has approved a $516,333,700 syndicated loan facility to support the construction of the ambitious Sokoto–Badagry Super Highway, a major infrastructure project...

Economy

Nigeria’s Foreign Currency Tax Revenue Surges to N6.33 Trillion in 2025

Nigeria recorded a significant rise in foreign currency denominated tax revenue in 2025, with total receipts climbing to N6.33 trillion, according to an...

Economy

OPay Leads Conversation on Africa’s Next Financial Frontier at BusinessDay Fintech Summit 2026

OPay took center stage as the headline sponsor of the inaugural BusinessDay Fintech Summit 2026 held on April 22, 2026, at the Oriental...

Economy

Ndume Commends Tinubu for Sixty Eight Billion Naira Support for Maiduguri Emergency Power Plant

Former Senate Leader Ali Ndume has praised President Bola Ahmed Tinubu for approving Sixty Eight Billion Naira operational support for the Maiduguri Emergency...

Economy

FG Raises Concern Over Limited Credit Access for Women Owned Businesses in Nigeria

The Federal Government of Nigeria has revealed that more than 80 percent of women owned businesses in the country lack access to formal...

Economy

UBA Sustains Growth as Assets Cross N33 Trillion Despite Profit Dip

United Bank for Africa Plc has continued its growth momentum into 2026, with total assets surpassing N33 trillion, reinforcing its position as one...

Economy

Naira Opens April 2026 Trading Week with Relative Firmness Amid FX Market Pressure

The Nigerian currency, the Nigerian Naira, began the final trading week of April 2026 with mild firmness as foreign exchange markets continue adjusting...

Economy

Pound Sterling Opens Week Strong Against Naira Amid FX Market Pressure

The British currency, the British Pound Sterling, began the trading week on Monday, April 27, 2026, with heightened activity against the Nigerian currency...

Economy

Yam Prices Fluctuate Across Lagos as Transport and Supply Challenges Persist

Yam prices across Lagos markets continue to fluctuate, with traders linking the trend to rising transportation costs, seasonal supply patterns, and ongoing sourcing...