Economy

Nigeria is taking a major step toward regulating its fast-growing cryptocurrency industry, with the Central Bank of Nigeria (CBN) set...

The National Economic Council (NEC) has approved a new $4.5 billion Project Gazelle 2 financing facility to replace the existing...

African startups raised a combined $102 million across 44 disclosed funding rounds of $100,000 or more in July 2026, marking...

Nigeria has committed, guaranteed or earmarked more than ₦10 trillion in financing and intervention programmes for its electricity sector over...

Brent crude settled at $90.12 a barrel on July 31, rising 1.2% on the day and capping a monthly gain...

West Africa requires between $90 billion and $100 billion every year to achieve its development goals, but the region’s biggest...

Nigeria's cooking gas market is enjoying its sharpest relief in months, with retail prices for Liquefied Petroleum Gas (LPG) falling...

Elon Musk's latest demographic broadside has put Nigeria's birth rate back in the spotlight, and raised fresh questions about how...

Ogun State's economic profile reads like a case study in industrial success. Nigerian Breweries, International Breweries, Guinness's supply chain, Nestlé,...

Nigeria’s food inflation continued to rise in June 2026, reaching 17.52 percent, marking the fifth consecutive month of increases. The...