Nigerian economy

83 Articles
Economy

Dele Oye Criticises Government Role in Business, Urges Private Sector Driven Growth

The Chairman of the Alliance for Economic Research and Ethics, Dele Oye, has strongly criticised the Federal Government’s continued involvement in commercial ventures,...

Economy

Federal Government Targets 12 Month Completion Framework for Ijebu Ode Inland Dry Port Project

The federal government has set a 12 month timeline to advance the proposed Ijebu Ode Inland Dry Port as part of efforts to...

Economy

Nigeria’s Inflation Rises to 15.38 Percent in March 2026

Nigeria’s headline inflation rate increased to 15.38 percent in March 2026, up from 15.06 percent recorded in February, according to the latest Consumer...

World

Naira Holds Steady Against Dollar Despite Reserve Pressures as Q1 Ends

The Nigerian Naira maintained relative stability against the US Dollar in the official market as the first quarter of 2026 concluded, even amid...

World

CBN Wins Central Bank of the Year Award for firm Nigerian Economy

The Central Bank of Nigeria has been named Central Bank of the Year by Central Banking magazine, recognising sweeping reforms that restored macroeconomic...

Economy

Petrol Price Hits N1,332 Per Litre as Dangote Refinery Leads Multiple March Hikes

The price of Premium Motor Spirit (petrol) is set to rise to at least N1,332 per litre nationwide, following a fresh upward review...

World

King Charles III Hails Nigeria as Economic Powerhouse and Cultural Force at Windsor Castle

British monarch King Charles III has praised Nigeria as an indispensable partner in global commerce and the Commonwealth during a state banquet at...

Economy

Nigeria’s Inflation Rate Eases Slightly to 15.06 Percent in February

Nigeria’s inflation rate fell marginally to 15.06 percent in February, down from 15.1 percent in January, the National Bureau of Statistics reported on...

Economy

Lagos Trade Fair Corridor Traders Contribute Billions to Nigeria GDP Minister Oduwole Says

The Jumoke Oduwole, Minister of Industry Trade and Investment, has highlighted the significant economic contribution of traders operating within the Lagos International Trade...

Economy

Dangote Refinery Reduces Fuel Prices to Ease Burden on Nigerians

The management of Dangote Petroleum Refinery has announced a reduction in fuel prices, citing the move as an effort to ease the economic...