Nigerian economy

80 Articles
Economy

Petrol Price May Hit N1,000 Per Litre as Global Crude Oil Prices Surge

The pump price of Premium Motor Spirit (PMS), popularly known as petrol, may rise to as much as N1,000 per litre in the...

Economy

Elizade JAC Autoland, Sterling Bank Partner to Expand Vehicle Financing Access

Elizade JAC Autoland Limited has entered into a strategic partnership with Sterling Bank Plc to expand access to brand-new vehicles for Nigerians through...

Economy

Naira Breaks N1,400/$1 Barrier on Official Market After Over a Year

Nigeria’s naira has traded below the N1,400 to the dollar mark on the official foreign exchange market for the first time in over...

Economy

IMPI Projects Nigeria’s GDP Growth at 5.5% in 2026, Cites Tinubu’s Economic Model

The Independent Media and Policy Initiative (IMPI) has projected that Nigeria’s Gross Domestic Product will grow by 5.5 per cent in 2026, attributing...

Economy

Courier Services Power Nigeria’s E-Commerce Boom Despite Lingering Hurdles

Courier operators are increasingly serving as the backbone of Nigeria’s fast-growing e-commerce ecosystem, efficiently connecting sellers and buyers and driving sharp growth in...

Economy

Naira Strengthens Against Dollar, Maintains Positive Momentum in Official Market

The Nigerian Naira maintained its positive momentum against the U.S. Dollar during mid-week trading on Wednesday, January 28, 2026, continuing a trend of...

EconomyMetro

National Grid Suffers Second Disruption in Four Days, Sparks Fresh Power Concerns

Nigeria’s national power grid experienced another disruption yesterday, the second in four days, leading to widespread outages across the country and reigniting concerns...

Economy

FG Raises N501bn Bond to Begin Settlement of Power Sector Debts

The Federal Government has raised N501.02 billion from the bond market to commence the settlement of outstanding debts owed to power generation companies...

Economy

Customs Records N7.28trn Revenue in 2025, Exceeds Target by N697bn

The Nigeria Customs Service (NCS) has announced a total revenue generation of N7.28 trillion for the 2025 fiscal year, exceeding its annual target...

Metro

DIBAN, Labour Unions Protest NAFDAC Ban on Sachet Alcohol in Lagos

The Distillers and Blenders Association of Nigeria (DIBAN), alongside organised labour and industry workers, on Friday staged a protest at the Lagos office...