Economy

Nigeria’s petrol imports surged in 2024, more than doubling despite increased domestic refining capacity, highlighting the country’s persistent reliance on...

Trade tensions between the world's two largest economies are set to escalate further as China implements retaliatory tariffs on select...

A delegation of investors led by the Bank of America has expressed optimism about Nigeria’s economic prospects, citing recent policy...

The Governor of Imo state, Hope Uzodimma has charged the Board and Management of the South East Development Commission (SEDC)...

Nigeria's export competitiveness could significantly improve if the country prioritizes increasing oil production and implements strategic exchange rate adjustments.  

Nigeria’s total merchandise trade saw significant growth in the fourth quarter of 2024, driven by a surge in imports and...

Experts have predicted that the ongoing trade war will significantly impact the economies of Nigeria and other emerging markets. Earlier...

During the first week of Ramadan, Abuja markets are seeing a slight decline in food costs, providing relief to citizens...

The Chartered Institute of Taxation of Nigeria (CITN) has expressed confidence that the Federal Government's tax reform initiatives will enhance...

Africa’s average inflation rate is forecasted to decrease from 8.6% in 2024 to 7.2% in 2025, according to the February...