Global finance diverged last week as easing Middle East tensions slashed oil prices, while central banks kept rates high, prompting defensive repositioning and equity profit-taking. A dramatic converg...
Company Income Tax payments by manufacturers fell by 68.25 per cent year-on-year to N74.48bn in the first quarter of 2026, raising fresh concerns over the productive sector’s capacity to withstand Nig...
OPay, a leading fintech company in Nigeria, officially launched its new office in Kaduna State on Wednesday, 10 June 2026, marking another important milestone in the company’s commitment to expanding ...
The Central Bank of Nigeria’s ambition to transform its payment ecosystem through biometric-driven and “invisible” transactions may redefine how millions of citizens pay for goods and services, but th...
Nigeria’s current account surplus rose sharply by 255.7 per cent quarter-on-quarter to $4.98bn in the first quarter of 2026, driven by higher crude oil, gas and refined petroleum exports, as well as a...
Nigeria’s leading economists and financial experts have disagreed with some of the latest policy prescriptions by the International Monetary Fund, IMF, for Nigeria, even as they endorsed the Fund’s wa...
Nigeria lost an estimated $839.22 million in oil revenue in the first four months of 2026 after failing to meet its 1.5 million barrels per day (mbpd) crude oil production quota set by the Organisatio...
Nigeria’s headline inflation rate has gone up again, the third consecutive month, in May 2026, hitting 15.93 percent The National Bureau of Statistics, NBS, announced the increase in its latest consum...
Nigeria’s telecommunications and digital services company, Globacom, has launched a new data initiative aimed at heavy internet users, introducing enhanced bundles under its “More Data More Value” off...
Africa can unlock more than $469bn in additional annual revenue without raising statutory tax rates, according to the African Development Bank. Chief Economist and Vice President for Economic Governan...
