Economy

Nigeria’s chronic electricity shortages are imposing a significant financial burden on businesses, with firms losing an estimated 3% of their...

Lagos State generated approximately N80 billion in revenue from building approvals, underscoring the scale of construction activity across Nigeria’s commercial...

Dr. Gabriel Ogbechie, founder and Group Managing Director of Rainoil Limited, has awarded a total of N50 million in grants...

Nigeria’s long-standing housing shortage, typically seen as a social challenge, is increasingly being viewed by some analysts as an untapped...

Rolling Energy has commended the Federal Government for its sustained commitment to accelerating Nigeria’s clean energy transition, describing recent policy...

Nigeria spent approximately $2.34 billion on food imports in 2025, highlighting the country's continued reliance on foreign supplies despite years...

The Nigerian equities market extended its positive run in May 2026, with the Nigerian Exchange (NGX) delivering a monthly return...

President Bola Tinubu has stated that the removal of fuel subsidy by his administration helped prevent Nigeria from falling into...

Nigeria's motorcycle industry, popularly known as "okada," has evolved from a simple transport alternative into one of the country's largest...

Nigeria’s fiscal management has come under fresh scrutiny after official figures showed that the Federal Government borrowed far more than...