Economy

Latest Economy News

Nigeria’s Fuel Costs Climb Steadily Across Leadership Changes

  The cost of filling a Toyota Corolla fuel tank in Nigeria has increased sharply over the years. New data shows how fuel prices have changed across different administrations. An…

Kabiru Abdulrauf Kabiru Abdulrauf

Abia: Otti’s Debt Reduction Claim Sparks Debate Over Finances

A claim circulating on social media has ignited fresh debate over the financial management of Abia State under Governor Alex Otti, with supporters touting a dramatic reduction in the state’s…

Kabiru Abdulrauf Kabiru Abdulrauf

Foreign Domains Threaten Nigeria’s Digital Sovereignty

Nigeria is quietly losing a staggering ₦60 billion every year not to oil theft or corruption, but to something far less visible. foreign domain registrations and web hosting services. A…

Hadiza Galadima Hadiza Galadima

Nigeria Fintech Boom Defies Global Venture Slowdown

Nigeria’s fintech sector is heating up again. Despite a global slowdown in venture capital, the country is experiencing what experts are calling a “second spring” in startup funding. New data…

Hadiza Galadima Hadiza Galadima

NNPC Hits Record 2.5 Million Barrels Daily

Nigeria’s oil sector just delivered a major win. The Nigerian National Petroleum Company (NNPC) Limited has reached a daily crude oil production milestone of 2.5 million barrels per day (bpd)…

Hadiza Galadima Hadiza Galadima

Nigeria Misses OPEC Target Revenue

Nigeria is once again under pressure to meet its oil production targets, and the consequences are beginning to show. As of this morning, new reports confirm that Africa’s largest oil…

Hadiza Galadima Hadiza Galadima

World Bank, AfDB Lead New Global Push to Boost Job Creation

The World Bank Group, in partnership with the African Development Bank and other multilateral development banks (MDBs), has launched a new collaborative framework aimed at strengthening job creation across developing…

Kabiru Abdulrauf Kabiru Abdulrauf

Nigeria Aviation Sector Expands as Airlines Add New Aircraft

Nigerian aviation industry received a welcome boost today as three leading domestic airlines announced the arrival of new aircraft, signaling a positive shift for the sector. The development comes on…

Hadiza Galadima Hadiza Galadima

Agribusiness SMEs Call for Targeted Capital Access

Small and medium scale agribusinesses are calling for targeted capital access to scale operations, boost food production, and strengthen value chains.Agribusiness SMEs highlights limitations on access to affordable loans, high…

Hadiza Galadima Hadiza Galadima

Tinubu Commissions NRS Headquarters Urges Efficiency

Bola Ahmed Tinubu has said Nigeria’s old tax laws contributed to poverty due to fragmentation and inefficiency. He stated that new reforms will create opportunities and drive economic growth. The…

Samira Usman Adam Samira Usman Adam

Customs Launches AI Training to Boost Revenue Generation

The Nigeria Customs Service has launched a capacity-building programme on Artificial Intelligence to improve revenue generation, remittances, and reconciliation. The training held at the Abuja Continental Hotel brought together senior…

Samira Usman Adam Samira Usman Adam