Tag: Nigeria Economy

Nigeria's non-oil private sector recorded its strongest expansion in nine months during May, as improving customer demand and a surge ...

Nigeria’s banking sector consolidation drive gained momentum after the Supreme Court sanctioned the merger between Unity Bank Plc and Providus ...

Nigeria’s money market witnessed a major increase in liquidity last week, with available funds in the banking system rising to ...

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

First HoldCo has signaled a potential return to dividend payments in 2026, with the group's chief executive stating that strong ...

Nigeria’s chronic electricity shortage continues to impose heavy structural costs on its economy, with nearly 70% of businesses relying on ...

The Dangote Petroleum Refinery has reduced its petrol loading price by N25 per litre, lowering the gantry price from N1,275 ...

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

The Central Bank of Nigeria (CBN) has postponed the enforcement of its mandatory geo-fencing policy for Point-of-Sale (PoS) terminals, giving ...

Nigeria’s oil revenue fell N7.88 trillion short of the federal government’s budget target, underscoring mounting fiscal pressures on Africa’s largest ...