Food Prices Fall Nationwide as NBS Reports Major Decline
ABUJA, Nigeria – Prices of major staples—including beans, garri, maize, and tomatoes—drop further across Nigeria, according to the National Bureau of Statistics (NBS) September…
Topic
Nigeria Economy
NNPC Reports ₦5.4tr Profit, Unveils Ambitious $60bn Growth Plan
LAGOS, Nigeria – The Nigerian National Petroleum Company Limited (NNPC Ltd) has announced a Profit After Tax of ₦5.4 trillion for the 2024 financial…
Katsina Secures New French, Italian Investment Interest in Paris
KATSINA, Nigeria – Katsina State Governor Malam Dikko Umaru Radda secures major investment interest from leading French and Italian companies following high-level talks in…
Yeltide: CBN Warns Nigerians to Stop Mutilating Naira
ABUJA, Nigeria – The Central Bank of Nigeria (CBN) issues a fresh warning against the wrongful handling and abuse of Naira notes ahead of…
Nigeria’s Inflation Hits Eight-Year Low as Prices Finally Ease
LAGOS, Nigeria – Nigeria has recorded its lowest inflation rate in eight years, marking a major turning point in the country’s battle against soaring…
Tinubu Says Youth-Focused Reforms Will Secure Nigeria’s Economic Future
ABUJA, Nigeria – President Bola Ahmed Tinubu has said that his administration’s sweeping economic reforms are intentionally designed to secure the future of Nigeria’s…
Nigeria’s Food Import Bill Rises to $2.39bn Despite Domestic Production Push
ABUJA, Nigeria – Nigeria spent $2.39 billion on imported food products between April 2024 and March 2025, marking an 11.6% increase from the $2.14…
FG to Unveil New Tax Reform Acts on Monday
Abuja, Nigeria – The Federal Government will on Monday formally unveil the Nigeria Tax Reform Acts, in what has been described as one of…
Nigeria Imposes 15% Fuel Import Tariff to Protect Refineries
ABUJA, Nigeria – Nigeria is set for potential fuel price adjustments following President Bola Ahmed Tinubu’s approval of a 15 per cent import duty…
Dangote Refinery Expands to 1.4m Barrels Daily Output
ABUJA, Nigeria – The Dangote Petroleum Refinery is set for a historic expansion that will increase its production capacity from 650,000 barrels per day…