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Nigeria's gross external reserves have increased to $48.54 billion, marking a significant recovery. This rise of over $218 million reflects a positive trend in the country's foreign currency buffer.
Nigeria's pension crisis leaves retirees facing uncertainty and neglect after years of service. Many former workers, including those from Nigeria Airways, have waited over two decades for their pensions.
Stakeholders in Nigeria's capital market recently celebrated the 50th anniversary of the Financial Trust Company (FTC), recognizing its significant contributions. The event highlighted the importance of indigenous institutions in fostering market growth.
Emma Okonji The Nigeria Revenue Service (NRS) has authorised Upperlink Limited as the System Integrator on Nigeria’s national e-invoicing platform, even as the company will support businesses while Nigeria advances
Lagos Speaker Mudashiru Obasa emphasized the importance of strong institutions and transparent governance for economic growth in Lagos. He urged investors to consider these factors when engaging with the region.
The Badminton Federation of Nigeria (BFN) has concluded its two-day strategic retreat aimed at repositioning badminton for sustainable growth, grassroots expansion, elite performance, and stronger contribution to Nigeria’s sports economy.
Nigerian insurers are racing against a July 31 deadline to secure N132bn for recapitalisation to comply with new capital regulations. This comes amid a challenging economic environment that complicates their efforts.
Oil prices are approaching $110 per barrel due to escalating tensions between the US and Iran. President Trump's threats regarding the Middle East crisis are contributing to this surge.
Nigeria's FX market is recovering due to a $7 billion backlog clearance and policy reforms, leading to increased autonomous inflows. This surge has boosted investor confidence in the market.
The NDPHC is set to support the Lagos electricity market with an additional 1,500MW to help bridge the significant power supply gap in the state.
Tatum Bank reports a N1.7bn profit before tax in its first eight months, closing the year with over N117bn in deposits. Read about their strong debut.
Investments in Nigeria's sugar industry could create thousands of jobs and enhance national security, according to the NSDC. This initiative is expected to significantly boost economic growth.
A recent survey by the CBN shows that 63.3% of Nigerians are in favor of reducing interest rates despite ongoing high inflation. This reflects public concern over the economic situation as the MPC meeting approaches.
Recent summits like the Africa CEO Forum and Africa Forward Summit focus on addressing Africa's economic development challenges. However, concerns remain about whether these discussions will lead to tangible progress or remain as mere rhetoric.
The Importers Association of Nigeria, IMAN, South-West Zone, has warned that the planned increase in shipping charges by shipping companies would worsen inflation and further raise the cost of goods across the country. The post Planned shipping charge hike will worsen inflation ?...
The Presidency, through the Budget Office of the Federation Sunday, said it has acknowledged public concerns about the timing of publication for the recent Quarterly Budget Implementation Reports and therefore offers clarification within the constitutional and statutory framewor...
Phones and their camera in 2026 has become highly competitive, and the gap between traditional market leaders and emerging flagship brands has narrowed significantly. While Apple and Samsung phones still dominate mainstream attention, several manufacturers now produce devices tha...
Lagos State warns residents against eating spoiled tomatoes (Ata Esha) due to serious health risks like liver damage from harmful toxins. Learn more now.
The group cautioned that higher interest rates could weaken economic growth, private-sector investment, industrial productivity, and employment. The post CPPE cautions CBN against monetary tightening ahead of the MPC meeting appeared first on Premium Times Nigeria.
Nigeria’s vehicle imports surged by 67 percent in the first quarter of 2026, driven by rising demand for used vehicles read more FX fears, rising demand fuel Nigeria’s vehicle import surge
UYO — Stakeholders from across the Niger Delta have called for an immediate audit and cleanup of abandoned oil wells in the region, warning that leaking and undecommissioned infrastructure continues to endanger lives, ecosystems, and public health decades after operations cease...
By Dickson Omobola Ground handling company, Nigerian Aviation Handling Company, NAHCO Aviance, has increased its total revenue by 22.93 per cent from N53.54 billion in 2024 to N65.82 billion in 2025. The company, however, lamented the impact of rising fuel prices on its operation...
By Johnbosco Agbakwuru ABUJA — THE Bureau of Public Procurement (BPP) has moved to shut down what it called “backdoor cost inflation and scope creep” across federal projects by centralising review and certification of all contract variation requests under a strict new f...
A Nigerian businessman and owner of Fekomi Bitters, Adefemi Komiyo Lawrence has criticised influencers and content creators over what he described as rising costs of promotional services and concerns about the delivery of agreed marketing content after payment. The post You outpr...
What exactly is the productive structure that these subnational aviation investments are expected to support? What categories of goods are being produced at sufficient scale, value, and frequency to justify the proliferation of airports and state-backed airlines across an economy...
Nigerian Aviation Handling Company (nahco aviance) Leading ground handling company in Nigeria, has increased its total revenue by 22.93 per read more NAHCO records N65bn Revenue In 2025, raises earnings per share by 36%
The prices of tomatoes and peppers in Nigeria have surged, making stew a luxury for many households. Families are increasingly feeling the financial strain as essential ingredients become unaffordable.
The Central Bank of Nigeria's reforms have led to a significant increase in foreign exchange inflows, reaching $112 billion. This positive shift has bolstered investor confidence in the Nigerian economy.
The African Development Bank has approved a $200 million financing facility to support the Bank of Industry in Nigeria. This initiative aims to enhance the growth of small and medium enterprises in the country.
The Presidency and Finance Minister Taiwo Oyedele have linked Nigeria's recent S&P credit rating upgrade to increasing international confidence in President Tinubu's reforms. This development is seen as a positive sign for the country's economic outlook.