Economy

Nigerian businesses identified poor electricity supply and insecurity as their most pressing challenges in March 2026, despite maintaining a broadly...

Nigeria’s manufacturing sector contributed a total of N881.29 billion in Company Income Tax (CIT) in 2025. 

Nigeria’s electricity, gas, steam, and air conditioning supply sector contributed a total of N62.12 billion in Company Income Tax (CIT)...

The Federal Government has inaugurated the newly reconstituted Governing Board of the Nigeria Commodity Exchange (NCX) as part of efforts...

Kenya’s Central Bank has decided to keep its benchmark interest rate at 8.75%, pausing the easing cycle that has been...

U.S. President Donald Trump on Wednesday announced that any country supplying military weapons to Iran will face immediate 50% tariffs...

The World Bank has lowered its growth forecast for Sub-Saharan Africa in 2026 by 0.3%, citing the economic fallout from...

Nigeria’s Company Income Tax (CIT) collections fell sharply in the fourth quarter of 2025, dropping to N1.49 trillion from N2.96 trillion...

Nigeria’s Value Added Tax (VAT) collections stood at N2.19 trillion in the fourth quarter of 2025, representing a 3.78% decline from the N2.28 trillion recorded...

The World Bank says Nigeria’s economic growth remains on track in the first half of 2026 despite the ongoing Iran...