Economy

1018 Articles
Economy

Nigerian SMEs Rethink Idle Cash as Fintechs Turn Business Accounts Into Earning Tools

For years, small business owners across Nigeria have treated their business accounts as simple holding spaces. Money comes in, expenses go out, and...

Economy

Adelabu Set to Resign as Power Minister to Pursue Governorship Ambition

Adebayo Adelabu is expected to resign from his position as Minister of Power in the coming days following approval from Bola Tinubu to...

Economy

Nigeria Expands Solar Manufacturing Capacity to 300MW Targets Regional Energy Leadership

Nigeria is stepping up efforts to localise renewable energy production, increasing its installed solar panel manufacturing capacity from 120 megawatts to about 300MW...

Economy

Nigeria, Oil Firms Record $4bn Windfall as Global Crude Prices Surge Amid Conflict

Nigeria and oil companies operating in the country have reportedly earned an estimated 4 billion dollars in additional revenue following a sharp rise...

Economy

Nigeria Spends 150 Million Dollars Yearly on Vaccines Expands Malaria Immunisation

The Federal Government has disclosed that it spends about 150 million dollars annually on vaccine procurement as part of efforts to strengthen public...

Economy

First Bank Sponsors GTR West Africa 2026 Conference in Lagos to Boost Regional Trade

First Bank of Nigeria has announced its sponsorship of the Global Trade Review West Africa 2026 conference scheduled to take place this week...

Economy

Nigeria Risks Cargo Diversion as Port Inefficiencies Persist, SEREC Warns

Nigeria’s maritime sector is facing growing pressure as persistent operational inefficiencies threaten to divert cargo to neighboring countries, according to a new policy...

Economy

Insecurity in Nigeria Rooted in Leadership Gaps, Not Structure – Fatai Owoseni

A retired Commissioner of Police, Fatai Owoseni, has argued that Nigeria’s persistent insecurity is largely a failure of leadership, trust, and local initiative...

Economy

BOI, RMRDC Partner to Boost Agro Value Chain and Drive Economic Growth

The Bank of Industry and the Raw Materials Research and Development Council have entered into a strategic partnership aimed at strengthening Nigeria’s agricultural...

Economy

Nigeria Exports 55.39 Million Barrels of Crude as Dangote Refinery Faces Supply Shortage

Nigeria exported a total of 55.39 million barrels of crude oil in the first two months of 2026, even as domestic refiners, including...