Economy

The rising cost of living is hitting African households with a new intensity. 

States with the lowest Federation Account Allocation Committee (FAAC) receipts in 2025 were largely those with smaller economic bases, limited...

Despite a restrictive monetary environment and historically high borrowing costs, Nigerian corporates raised a total of N1.61 trillion in commercial...

Dubai-based consumer electronics maker Maser Group has announced plans to invest $1.6 billion in Nigeria, Ghana, and Kenya over the...

The United States government has extended duty-free access to its markets for Nigeria and other eligible African countries under the...

Nigeria’s top recipients of Federation Account Allocation Committee (FAAC) disbursements in 2025 were again dominated by oil-producing states and major...

The recent Nigeria Tax Act 2025 (along with related reforms like the Nigeria Tax Administration Act 2025), signed into law...

In 2025, total Electronic Money Transfer Levy (EMTL) allocations to the Federal Government, states, and Local Government Areas (LGAs) rose...

The Federal Government has discontinued the use of corporate tax credits to fund road construction, insisting that such projects must go through...

Nigeria’s economic activity sustained a strong growth momentum in January 2026 as the Central Bank of Nigeria’s (CBN) composite Purchasing...