The United States announced a new development in its talks with Iran in Pakistan over the move to seek peace in the Middle East crisis started by the US and Israel.
Nigeria cuts import tariffs on passenger vehicles to 40%, aiming to reduce car prices and improve affordability as imports rise to N1.58 trillion in 2025.
The Nigeria Employers’ Consultative Association has expressed concern over the growing impact of rising oil prices on Nigeria’s economy, businesses and households.
Over 30 Nigerian banks meet new CBN capital requirements as merger activity surges. Regulatory flexibility may aid struggling institutions in final approvals.
Nigerian banks near compliance with CBN's recapitalisation directive, raising ₦4.05 trillion amid strong investor confidence ahead of the looming March 31 deadline.
Egypt tops the IMF debt list in Africa with $7.55 billion, while Nigeria's absence raises questions about its borrowing strategy amid ongoing fiscal challenges.
Food prices in Nigeria surge sharply ahead of Eid al-Fitr, impacting purchasing power as families cut back on celebrations due to rising costs of staples.
Ovaltine announces a £24 million investment for its first African factory in Lagos, creating over 100 jobs and boosting UK-Nigeria trade relations.
Food prices in Nigeria surge due to Ramadan demand and rising logistics costs, impacting staples like rice and tomatoes; global tensions threaten further inflation.
Naira depreciated to N1,353 per dollar as foreign exchange demand rises; Nigeria's reserves dip to $49.83bn amid soaring global oil prices and Middle East tensions.
Nigeria’s rail sector recorded a decline in passenger revenue and traffic in Q4 2025, despite modest growth in cargo transport and freight earnings.
Economy
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