Tag: Nigerian Economy

FCMB Group Plc has reported a profit before tax (PBT) of ₦202.1 billion for the 2025 financial year, underscoring the ...

Nigeria's Company Income Tax (CIT) collections recorded a significant decline in the first quarter of 2026, underscoring growing pressure on ...

Nigeria’s oil industry has received a significant boost following the addition of new crude streams that have collectively contributed approximately ...

Cornerstone Insurance Plc has commenced a significant corporate restructuring initiative aimed at separating its life and non-life insurance businesses, marking ...

The Nigeria Customs Service (NCS) has intercepted smuggled vegetable oil products valued at approximately N1.3 billion, underscoring the agency's intensified ...

First City Monument Bank (FCMB) has appointed renowned economist Bismarck Rewane as the new Chairman of its Board of Directors ...

Nigeria’s food and beverage imports declined to N1.39 trillion in the first quarter of 2026, signaling a shift in consumption ...

The International Monetary Fund (IMF) has commended Nigeria’s economic reforms over the past three years, stating that the measures have ...

Nigeria's Federal Government is advancing plans to extend the national rail network to Lagos airport, a move aimed at strengthening ...

Nigeria’s merchandise trade expanded to N34.8 trillion in the first quarter of 2026, reflecting stronger export performance and sustained external ...