Latest News

FG Unveils $78.5b Investment Plan, Targets 7% Growth

As global stakeholders draw the curtain on the 2026 Annual Meetings of the International Monetary Fund and the World Bank in Bangkok,...

346

Business News

IMF Endorses CBN Rate Cut, Warns Against Premature Easing

The International Monetary Fund has endorsed the Central Bank of Nigeria’s decision to cut its benchmark interest rate to 23 per cent,...

396

Telecoms & IT

NCC Survey: Only 2 Licensees Ready for Internet Code

The Nigerian Communications Commission (NCC), has raised concerns over the preparedness of telecommunications and internet service licensees to implement the 2026 Internet...

351

Industry & Money

World Bank: $12.4b Unrepatriated Oil Funds Eroded Nigeria’s External Surplus in H1

Nigeria’s external accounts lost the benefit of a substantial inflow of foreign exchange in the first half of 2026, as unexplained transactions...

339

Economy & Market

Inflation Drops to 14.63%

The Consumer Price Index (CPI) which measures the rate of change in prices of good and commodities declined to 14.63 per cent...

340

Business News

Nigeria, EU, Euro Bank Seal €14m Fibre-Optic Deal

The federal government, European Union (EU) and the European Bank for Reconstruction and Development (EBRD) have signed a grant agreement to support...

392

Agriculture

FG to Overhaul Wheat Industry’s Value Chain for Lower Costs, Imports

Plans are underway by the Federal Government to launch a new programme aimed at strengthening Nigeria’s wheat-based consumer foods industry. The new...

408

Leadership & Management

Poverty Risks Persist Despite Nigeria’s Economic Stability –IMF

The International Monetary Fund has warned that rising prices of essential goods could worsen poverty and food insecurity in Nigeria despite improvements...