Nigeria Economy
NBS Rebases CPI, Updates Basket to Reflect Modern Nigerian Consumption
The National Bureau of Statistics (NBS) has overhauled its Consumer Price Index (CPI), removing outdated consumption items and adding new products to reflect...
Economic Uncertainty, Supply Chain Disruptions Stall Real Estate Projects – Report
A 2025 Nigeria Real Estate Report by Ubosi Eleh & Co. has identified economic uncertainty and persistent supply chain disruptions as major factors...
FG Allocates N6.04bn to Salaries for Dormant Ajaokuta Steel Company in 2026 Budget
The Federal Government has earmarked N6.04 billion for personnel costs at the Ajaokuta Steel Company Limited (ASCL) in the 2026 budget, despite the...
FG Reviews Tariff Policies to Boost Local Production, Protect Industries
The federal government has initiated a strategic review of Nigeria’s tariff policies to encourage local production, safeguard domestic industries, and reduce the cost...
Former CBN Deputy Governor Credits Tinubu’s Economic Reforms for ilising Nigeria’s Economy
Former CBN Deputy Governor Credits Tinubu’s Economic Reforms for Stabilising Nigeria’s Economy Dr. Tunde Lemo, a former deputy governor of the Central Bank...
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...
