Nigerian economy

80 Articles
Economy

MoMo PSB Partners with SMEDAN to Empower Nigerian SMEs with Digital Financial Tools

MoMo PSB, the fintech arm of MTN Nigeria, has entered a strategic partnership with the Small and Medium Enterprises Development Agency of Nigeria...

Economy

Nigerian Business Activity Slows as PMI Falls Below Expansion Level in January

Nigerian companies recorded a slow start to 2026 as business conditions remained broadly stable but lost momentum, according to the latest Stanbic IBTC...

Economy

OPay Emerges Fintech and Digital Bank of the Year at The Sun Awards 2025

Leading financial institution OPay has been named Fintech and Digital Bank of the Year 2025 at The Sun Awards organised by The Sun...

Economy

FG to Share Electricity Subsidy Costs Across All Tiers of Government from 2026

The Federal Government has announced a new framework that will end the practice of bearing electricity subsidy costs alone as the burden will...

Economy

Naira Gains Strength Against Dollar as January Closes on Positive Note

The naira ended January 2026 on a stronger footing after recording notable gains against the United States dollar in the official Nigerian foreign...

Politics

APC Chairman Praises Tinubu Diplomacy Says Foreign Engagements Attract Over 50 Billion Dollars Investment

The National Chairman of the ruling All Progressives Congress APC Professor Nentawe Yilwatda has commended President Bola Tinubu for what he described as...

Economy

SERAP Sues NNPCL Over Alleged Missing ₦22.3bn, Foreign Oil Funds

The Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the Nigerian National Petroleum Company Limited (NNPCL) over its alleged failure...

Economy

FG Borrowing Crowds Out Private Sector as Government Credit Jumps N9.19tn in 2025

The Federal Government’s domestic borrowing from the financial system rose sharply in 2025 despite elevated interest rates, significantly widening the gap between public...

Economy

Transcorp Hotels Records Historic N97bn Revenue in 2025, Profit Soars 47%

Transcorp Hotels Plc, the hospitality subsidiary of Transnational Corporation Plc, has reported a historic revenue of N97.04bn for the 2025 financial year, representing...

Economy

Alternative Bank Executive Calls for Predictable Policies to Boost Blended Finance for Inclusive Growth

The Executive Director, Commercial and Institutional Banking for Lagos and the South-West at The Alternative Bank, Korede Demola-Adeniyi, has called for stronger public-private...