Economy

1021 Articles
Economy

Naira Breaks N1,400/$1 Barrier on Official Market After Over a Year

Nigeria’s naira has traded below the N1,400 to the dollar mark on the official foreign exchange market for the first time in over...

Economy

IMPI Projects Nigeria’s GDP Growth at 5.5% in 2026, Cites Tinubu’s Economic Model

The Independent Media and Policy Initiative (IMPI) has projected that Nigeria’s Gross Domestic Product will grow by 5.5 per cent in 2026, attributing...

Economy

Courier Services Power Nigeria’s E-Commerce Boom Despite Lingering Hurdles

Courier operators are increasingly serving as the backbone of Nigeria’s fast-growing e-commerce ecosystem, efficiently connecting sellers and buyers and driving sharp growth in...

Economy

Telcos to Boost Network Investment Beyond $1bn in 2026 — NCC

Nigeria’s mobile network operators are set to significantly increase spending on telecommunications infrastructure in 2026, pledging to invest more than the over $1bn...

Economy

Nigerian Railway Corporation Targets 10,000km Rail Network in Five Years

The Nigerian Railway Corporation (NRC) has unveiled plans to expand the nation’s rail network from the current 4,000 kilometres to 10,000 kilometres within...

Economy

PenCom Approves Historic 1,173% Pension Hike for NSITF Retirees

The National Pension Commission (PenCom) has approved a landmark upward review of pensions for 2,116 retirees under the Nigeria Social Insurance Trust Fund...

Economy

Nigerians Face Steep Petrol Price Hikes as Retail Rates Outpace Crude Oil Increases

Nigerians are grappling with sharp increases in petrol prices, as marketers have raised pump prices far above the corresponding rise in international crude...

EconomyWorld

India to Host Global Seaweed Expo and Summit in Kochi

India began hosting the Global Seaweed Expo and Summit on January 29 2026 in Kochi Kerala, bringing together international experts policymakers researchers and...

EconomyPolitics

Akpabio Dismisses Claims of Altered Tax Laws, Orders Distribution of Certified Copies

Senate President Godswill Akpabio has dismissed claims that Nigeria’s newly implemented tax laws were altered after passage, insisting that the versions signed into...

Economy

CBN Allows Temporary Use of Expired NAFDAC Licences for Imports

The Central Bank of Nigeria (CBN) has approved a temporary window allowing importers to use expired National Agency for Food and Drug Administration...