Economy

965 Articles
Economy

Ecobank Reports 29% Rise in Profit After Tax to N950bn in 2025

Ecobank Transnational Incorporated (ETI) has posted a 29 per cent increase in profit after tax, reaching N950.0 billion for the financial year ended...

Economy

Lagos State Strengthens Electricity Market Regulation, Engages NERC for Knowledge Sharing

The Lagos State Electricity Regulatory Commission (LASERC) has begun understudying the Nigerian Electricity Regulatory Commission (NERC) to enhance electricity market regulation within the...

Economy

FG Commissions 10 Development Projects in Bauchi to Boost Community Services

The Federal Government has reaffirmed its commitment to grassroots development by commissioning 10 strategic projects across Bauchi State, aimed at improving education, healthcare,...

Economy

DisCos Cite Gas Shortages as Cause of Persistent Power Outages

Electricity distribution companies (DisCos) in Nigeria have attributed ongoing power outages to a sharp decline in gas supply to power plants, warning customers...

Economy

Wike Threatens FCT Official Over Unevacuated Refuse During Satellite Town Inspection

Minister of the Federal Capital Territory FCT, Nyesom Wike, has issued a stern ultimatum to the Coordinator of the Satellite Towns Development Department...

Economy

Nigeria Signs Cooperation Agreement with IFC to Fast-Track Infrastructure and Investment

The Federal Government has signed a cooperation agreement with the International Finance Corporation, IFC, to accelerate the delivery of bankable infrastructure projects and...

Economy

Experts Say FG’s Tax Reforms Could Reshape Nigeria’s Real Estate Sector

Experts in Nigeria’s real estate industry have highlighted that the Federal Government’s new tax reforms could significantly influence property prices, rents, and investment...

Economy

UK Secures Agreements with Three African Countries to Accept Returned Citizens

The United Kingdom has reached agreements with Namibia Angola and the Democratic Republic of Congo to accept the return of their citizens residing...

Economy

FG Vows to End State Interference in Local Government Funds

The Federal Government has reaffirmed its commitment to ensuring financial autonomy for Nigeria’s 774 local government areas, pledging to curb persistent encroachment by...

Economy

Nigeria Records N6 Trillion Gain from Downstream Petroleum Reforms in Nine Months

Nigeria has recorded an estimated N6 trillion gain from reforms in the downstream petroleum sector within the first nine months of 2025. The...