Nigerian economy

80 Articles
Economy

MEA Energy Launches First Filling Station in Abuja, Plans 250 Nationwide

MEA Energy Limited has officially entered Nigeria’s downstream petroleum retail market with the opening of its first filling station in Bwari, Abuja. The...

World

British Pound Strengthens Slightly as Naira Gains Ground in Early Week Trading

The British Pound opened the new trading week with moderate gains against the Nigerian Naira on Monday, February 23, 2026, as data from...

Politics

Senator Musiliu Obanikoro Lauds Tinubu’s Governance Style, Outlines Path to National ility

Senator Musiliu Obanikoro, a two-time Minister of the Federal Republic of Nigeria and former Lagos gubernatorial aspirant, has praised President Bola Tinubu’s leadership,...

Economy

President Tinubu Hails Strategic MoU Between BUA Group and UAE Firms

Abuja — President Bola Ahmed Tinubu has praised the signing of a strategic Memorandum of Understanding (MoU) between Nigeria’s BUA Group and UAE-based...

Economy

Capital Gains Tax Revenue Hits N522bn on Oil Asset Sales, Surpasses Target by 869 Percent

Capital Gains Tax collections surged to N522bn in 2025, representing an 869 percent performance against target, driven largely by divestments in Nigeria’s upstream...

Economy

Otedola Predicts Naira Could Trade Below 1000 to Dollar as Dangote Refinery Hits Full Capacity

Billionaire businessman Femi Otedola has expressed strong optimism that the naira could appreciate to trade below 1000 to the dollar before the end...

Economy

Edun Urges Nigeria to Cut Borrowing and Strengthen Domestic Revenue Base

The Minister of Finance and Coordinating Minister of the Economy Wale Edun has said Nigeria must urgently reduce its dependence on borrowing and...

Economy

Nigeria Revenue Service Targets N40.7tn Revenue for 2026 on Non Oil Growth Drive

The Nigeria Revenue Service has set an ambitious revenue target of N40.7tn for the 2026 fiscal year, relying on stronger non oil collections...

Economy

Investors Target Over 500 Million Dollars in Deals at Lagos Investment Summit

Business stakeholders are targeting investment deals worth more than 500 million dollars across key sectors at the upcoming World Integrated Economic Growth Initiative...

Economy

Lafarge Africa Expands Cement Plants to Boost Local Production and Infrastructure Growth

Lafarge Africa Plc has reaffirmed its commitment to strengthening local cement production in Nigeria with the planned expansion of its Sagamu Cement Plant...