Economy

965 Articles
Economy

FG Moves to Revive Nigeria Paper Industry and Cut Import Dependence

The Federal Government has begun efforts to tackle fiscal and policy challenges affecting Nigeria’s paper manufacturing industry as part of plans to strengthen...

Economy

West and Central Africa Commit $27bn to Boost Port Infrastructure

West and Central African countries, including Nigeria, have committed more than $27 billion to major port infrastructure expansion projects aimed at improving regional...

Economy

Naira Depreciates Against Dollar in Parallel and Official Markets

The Nigerian naira recorded another decline against the United States dollar yesterday as pressure continued across both the parallel and official foreign exchange...

Economy

Nigerian Stock Market Extends Rally as Investors Gain N3.34 Trillion

The Nigerian stock market maintained its strong bullish momentum last week as investors recorded a massive N3.34 trillion gain driven by sustained buying...

Economy

Dangote Reaffirms Commitment to Africa’s Food Security Through Fertiliser Investments

President of the Dangote Group, Aliko Dangote, has restated his commitment to improving food security across Africa through massive investments in fertiliser production...

Economy

Nigeria Economy Shows Mixed Signals as Markets Rise and Policy Reforms Intensify

Nigeria economic landscape continues to show mixed signals as recent developments across monetary policy foreign exchange markets capital markets and fiscal regulation point...

Economy

Tax Expert Urges Nigerian Practitioners to Uphold Ethics in Expanding Tax Reforms Drive

A leading tax expert, Olayinka Oyebola, has called on tax practitioners across Nigeria to prioritise ethical standards over short term financial gains in...

Economy

Nigeria’s Manufactured Exports Remain Weak Despite Rising Trade Growth

Nigeria’s manufacturing sector continues to struggle in contributing meaningfully to the country’s export earnings despite a steady increase in total export value over...

Economy

Nigerian Stock Market Gains Momentum as Investors Trade N374bn in One Week

The Nigerian capital market recorded strong bullish performance last week as increased investor demand pushed the value of shares traded to N374 billion,...

Economy

Majority of Nigerians Want Lower Interest Rates Ahead of CBN MPC Meeting

The Central Bank of Nigeria has revealed that 63.3 percent of Nigerians want interest rates reduced ahead of the upcoming Monetary Policy Committee...