Economy

965 Articles
Economy

Cooking Gas Prices ilise as Supply Improves, Retailers Sell Between N1,000 and N1,400 per Kg

There is cautious optimism among liquefied petroleum gas (LPG) retailers as cooking gas becomes more readily available, with prices currently ranging between N1,000...

Economy

States to Receive N5.07tn VAT Allocation in 2026 as New Sharing Formula Takes Effect

Nigeria’s 36 states are projected to receive a combined N5.07tn as their share of Value Added Tax (VAT) in 2026, following the implementation...

Economy

Peter Obi Slams Tinubu Over ₦8 Trillion NNPCL Debt Cancellation

Former Labour Party presidential candidate Peter Obi has strongly criticised President Bola Ahmed Tinubu for approving the cancellation of about ₦8 trillion in...

Economy

SEC Warns Nigerians Against Fake Voya Investment Management Platform

The Securities and Exchange Commission (SEC) has issued a strong warning to Nigerians to avoid an online investment platform operating under the name...

Economy

Marketers Plan Further Petrol Price Cut to N750/Litre Nationwide

Nigerian petroleum products marketers have announced plans to further reduce the pump price of premium motor spirit (PMS) to about N750 per litre...

Economy

Turkey’s Yearly Inflation Declines to 30.9% in December 2025

Turkey's annual inflation rate decreased to 30.89% in December 2025, down from 31.07% in November and significantly lower than the 44.4% recorded in...

Economy

Tinubu’s 5% Fuel Tax Delayed; Finance Minister to Reveal New Date

The Nigerian government has decided to postpone the introduction of a 5% fuel tax originally set for January 2026. Finance Minister Wale Edun...

Economy

Wall Street rises cautiously in uncertain start to 2026 trading.

U.S. stock markets began the year with modest gains. The S&P 500 rose 0.2% to close at 6,858.47, while the Dow Jones Industrial...

Economy

Gold Prices Soar to All-Time High Amid Market Unrest and Drop in Cryptocurrencies

Gold prices have surged to a record high of $4,462.10 per troy ounce as of January 3, 2026, reflecting a 69% increase year-to-date....

Economy

Political Parties Collaborate for Nationwide Demonstration Supporting New Tax Reforms

Multiple political parties in Nigeria plan to hold a nationwide rally on January 10, 2026, to rally public support for the new tax...