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Consumer spending on firms' cards in Nigeria has increased by 20% during the Ramadan and Eid Al-Fitr period. This growth reflects a positive trend in digital payments in the country.
Feyishetan Akinyemi emphasizes the role of automated wealth tools in helping Nigerians manage their savings amid rising inflation. He believes these tools are essential for financial stability in the current economic climate.
The Lagos State Government is hosting the 'Invest in Lagos 3.0' summit, aiming to attract N4 trillion in local and foreign direct investment. This initiative is expected to boost economic growth and development in the region.
NiMet and CBN have signed an MoU to enhance economic forecasting by sharing data. This partnership aims to improve decision-making processes in Nigeria's economic landscape.
US Vice President JD Vance has acknowledged that the current inflation rate is at a three-year high and described the situation as 'not great'. This marks a notable shift from the previous administration's optimistic messaging.
Nigeria's importation of transport equipment and parts surged to N6.54 trillion over two years, reflecting a 107% increase. This significant expenditure highlights the country's growing reliance on foreign auto parts.
President Bola Tinubu has arrived in Kigali for a two-day summit focused on the Africa CEO Forum. The summit aims to discuss the benefits of Nigeria's economic reforms.
China reaffirms Nigeria as its largest engineering contracting market in Africa, a key trade partner, and a major investment destination on the continent.
Casino tourism is becoming a significant factor in boosting economic growth and enhancing destination branding worldwide. This trend highlights the intersection of hospitality, entertainment, and tourism in modern travel experiences.
Afreximbank is enhancing its financing model for Africa by forming stronger alliances with Central Banks. This initiative aims to support economic growth and development across the continent.
Economists, tax experts, investment analysts have called for stronger alignment between Nigeria’s fiscal reforms and broader industrial and trade policies, read more Nigeria must align fiscal, trade policies for industrial growth –Analysts
Kasim Sumaina in Abuja The Nigerian Meteorological Agency (NiMet), led by its Director General and Chief Executive Officer, Prof. Charles Anosike, Wednesday in Abuja, signed a landmark Memorandum of Understanding
Police in Delta State rescue a two-year-old child from a suspected kidnapper at Igbudu Market. Learn about the dramatic child rescue in Delta.
“Nigeria is laying a strong foundation for sustainable infrastructure growth, job creation, global competitiveness, and innovation-driven, inclusive development,” the NITDA boss, Mr Inuwa, said. The post NITDA, IDCA partner to transform Nigeria’s digital economy appeared fi...
Iran has largely blocked shipping through the strait since the outbreak of war with the United States and Israel on February 28. The post Iran military says control over Hormuz to bring significant economic revenues appeared first on Vanguard News.
The Area Controller stressed the need for increased operational interventions across terminals to block revenue leakages while ensuring seamless trade facilitation and timely cargo clearance. The post No delay at ports, Apapa Customs comptroller warns officers appeared first on V...
The project highlights Dhaka's efforts to secure water supplies for its agriculture-dependent economy. The post Bangladesh Approves $2.8bn River Project To Tackle Water Shortages appeared first on Channels Television.
The Nigerian Ports Authority (NPA) standout performance in the first quarter (Q1) of 2026 did not occur in a vacuum. read more Here’re the drivers of NPA’s strong Q1 results
Nigeria’s crude oil production rose to 1.489 million barrels per day (bpd) in April 2026, the highest level recorded in read more Nigeria’s crude oil hit 1.489m bpd, highest in 4 months
Despite the ceasefire between the United States and Iran in April 2026, global oil prices remained above $100 per barrel, read more These 12 African currencies appreciated despite Iran war shocks
As artificial intelligence, automation, and remote collaboration continue to redefine global labour markets, Nigerian organisations and... read more AI, remote collaboration reshapes Nigeria’s workplace
Tony Elumelu emphasizes the need for Africa to abandon a 'victim mentality' and focus on attracting global private investment. He welcomes support from various countries to boost the continent's economic growth.
Turkey and Armenia are set to restart direct trade, which previously went through Georgia with additional taxes. This move is expected to enhance economic relations between the two countries.
The Debt Management Office (DMO) has announced a ₦600 billion bond auction scheduled for May 2026. This initiative aims to finance fiscal obligations and attract institutional investors to the domestic capital market.
Lagos State has announced a ₦4.444 trillion budget aimed at promoting economic growth and shared prosperity. A significant portion, ₦1.467 trillion, is allocated for critical infrastructure projects across various sectors.
Ayomide Alokun, a 27-year-old PhD holder, has ignited discussions on social media by protesting his unemployment in Abuja. His situation highlights the challenges faced by educated youth in Nigeria's job market.
In a ruling with significant implications for oil spill litigation in Nigeria, the Federal High Court sitting in Uyo has dismissed a ₦50 bn read more Landmark Pronouncement: Federal High Court dismisses ₦50 Billion Claim against ExxonMobil
Vietnam is increasing its crude oil imports from Nigeria and other countries due to reduced shipments from Singapore and China. This move comes in the context of the ongoing conflict in Iran.
South Africa's unemployment crisis worsened, with over 300,000 jobs lost in early 2026, raising the total jobless population to 8.1 million. This situation is exacerbated by increasing tensions related to xenophobia.
President Tinubu praised the $4.7 billion growth in trade between Nigeria and France, highlighting the strengthening economic relationship. This development was announced at the Africa Forward Summit.