Nigeria Economy

122 Articles
Economy

Foreign Portfolio Investment Rises Sharply as NGX Records Strong Market Activity

Foreign portfolio investment in Nigeria’s stock market recorded a significant increase in February 2026, reflecting renewed investor confidence and improved market conditions. According...

Economy

Non Oil Exporters Demand One Stop Processing System to Boost Global Competitiveness

Stakeholders in Nigeria’s non oil export sector have called for the establishment of a unified one stop export processing system to tackle regulatory...

Economy

CPPE Urges Urgent Action as Rising Energy Costs Threaten Nigeria’s Economy

The Centre for the Promotion of Private Enterprise has called for immediate government intervention to cushion the impact of rising energy costs on...

Economy

Dangote Refinery Raises Petrol Price Amid Global Oil Tensions

Dangote Petroleum Refinery has announced a fresh increase in the price of Premium Motor Spirit, citing rising global geopolitical tensions and escalating crude...

Economy

Naira Appreciates Against Dollar Across Official And Parallel Markets

The Nigerian currency recorded gains on Tuesday as the naira appreciated in both the parallel market and the official foreign exchange window, signaling...

Economy

Nigeria Secures £746 Million UK Financing to Modernise Lagos Ports

The Federal Government has secured a landmark £746 million financing agreement with the United Kingdom to modernise Nigeria’s seaport infrastructure, marking the most...

Economy

SON Backs Federal Government National Single Window for Trade Initiative

The Standards Organisation of Nigeria has reaffirmed its support for the Federal Government’s National Single Window for Trade, a digital platform aimed at...

Economy

Nigeria’s Reforms Boost Global Confidence Ahead of Tinubu’s UK Visit

The Federal Government of Nigeria has said that the economic and governance reforms introduced by President Bola Ahmed Tinubu are strengthening global confidence...

World

Pound Holds Strong Against Naira in Early Monday Trading

The British Pound Sterling maintained a strong position against the Nigerian Naira during early trading hours on Monday March 16 2026 as Nigeria’s...

Economy

Signature Bank Surpasses ₦50bn Capital Requirement in CBN Recapitalisation Drive

Signature Bank Limited has increased its capital base to ₦52 billion, exceeding the ₦50 billion minimum capital requirement set by the Central Bank...