Tag: Nigeria Economy

As Nigerians await the release of April inflation data from the National Bureau of Statistics (NBS), economists are expressing cautious ...

The Federal Government has begun steps to settle long-standing debts owed to local contractors, in a move aimed at restoring ...

For decades, Nigeria’s export strategy has rested almost entirely on crude oil, a volatile commodity that leaves Africa’s largest economy ...

A sharp edge in labour costs has propelled Nigeria higher in global outsourcing rankings, positioning Africa’s largest economy as an ...

The Nigerian Ports Authority (NPA) has projected a fresh wave of maritime activity, with 36 vessels scheduled to arrive at ...

Nigeria faces a growing risk of capital flight and diminished foreign direct investment (FDI) unless it urgently overhauls its notoriously ...

Growing tensions between Iran, Israel, and the United States are shaking global oil markets, and the effects are being felt ...

Global oil prices surged on Monday following renewed violence in the Strait of Hormuz, after President Donald Trump offered US ...

Nigeria remains one of the Organisation of Petroleum Exporting Countries’ most resource-rich members, but new data from the group’s 2026 ...

Cash held outside the banking system in Nigeria dropped slightly to N5.19 trillion in February 2026, according to new data ...