Economy

Some financial experts have expressed support for the Federal Government's plan to impose a 25% personal income tax on Nigeria's...

The International Monetary Fund (IMF) says that oil-producing countries in Sub-Saharan Africa are growing at roughly half the pace of...

Nigeria’s persistent power challenges are costing the economy an estimated $26 billion annually, according to the Africa Trade Barometer report...

Nigeria is contemplating the issuance of a diaspora bond in the United States next year, aiming to secure monthly remittance...

Former Nigerian President Olusegun Obasanjo has recounted how he boosted the country’s foreign reserves from a meager $3.7 billion to...

The Federal government plans to steadily raise the rate for Value Added Tax (VAT) to 15% from the current 7.5%.

Nigeria’s headline inflation rate in September 2024 rose to 32.70%, up from 32.15% in August 2024 after slowing down for...

Nigeria has officially joined BRICS as a partner country, alongside 12 other nations, further strengthening its economic ties with the...

Nigeria's public debt stock surged to N134.3 trillion ($91.3 billion) by the end of the second quarter of 2024. 

The Executive Vice Chairman/CEO of the Federal Competition and Consumer Protection Commission (FCCPC) Mr. Tunji Bello, has blamed Nigerians hoarding...