Economy

976 Articles
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...

Economy

Nigeria Partners with IFC and FAB to Accelerate Infrastructure and Investment Growth

The Federal Government has signed a cooperation agreement with the International Finance Corporation, IFC, to fast-track bankable infrastructure projects and mobilise private capital...

Economy

Adedeji Urges Nigeria To Shift From Raw Exports To Innovation Driven Economy

Nigeria must urgently move away from its heavy dependence on raw material exports and embrace an economy driven by ideas innovation and the...

Economy

Toyota Raises Profit And Sales Forecast Despite Impact Of US Tariffs

Japanese auto giant Toyota has revised its profit and sales forecasts upward for the current fiscal year despite facing increased costs linked to...

Economy

Nigeria Secures N25bn Funding For Decade Long Eye Health Programme

Nigeria has secured about N25bn in funding for a major eye health intervention following the launch of the SightQuest Nigeria programme by Christian...

Economy

UAC of Nigeria Lists N54.03bn Bond on FMDQ to Strengthen Long Term Funding

UAC of Nigeria Plc has successfully listed its N54.03bn Series One seven year 17.35 percent fixed rate bond on the FMDQ Securities Exchange...

Economy

Kogi Receives Vaccines to Boost Livestock Health and Productivity

The Kogi State Livestock Productivity and Resilience Support Project has received its allocation of vaccines from the L PRES National Coordination Office in...

Economy

MTN in Talks to Acquire Majority Stake in IHS Towers in Strategic Infrastructure Move

MTN Group Africa’s largest mobile network operator is in advanced discussions to acquire the remaining 75 percent stake in IHS Towers a deal...

Economy

Lafarge Africa Expands Cement Plants to Boost Local Production and Infrastructure Growth

Lafarge Africa Plc has reaffirmed its commitment to strengthening local cement production in Nigeria with the planned expansion of its Sagamu Cement Plant...

Economy

NNPC Plans Equity Partnerships to Revive State Refineries as Dangote Offers Supply Relief

Nigeria’s long troubled state owned refineries with a combined capacity of 445000 barrels per day may be headed for a reset as the...