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Saturday, March 14, 2026
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Economy

Nigeria Recorded ₦2.28 Trillion VAT in Q3 2025 – NBS

Economy Staff Editor -
Nigeria’s aggregate Value Added Tax (VAT) revenue stood at ₦2.28 trillion in Q3 2025, according to the National Bureau of Statistics (NBS). In its latest...

Naira Closes in the Red at ₦1,341.35/$

Economy Staff Editor -
The foreign exchange (FX) market witnessed increased demand during Thursday’s trading session, driven by risk-off sentiment among Foreign Portfolio Investors (FPIs). The heightened demand tilted...
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Dangote Predicts Naira Will Hit ₦1,000 to $1 This Year, Backs FG’s Policies

Economy Staff Editor -
The Chairman of the Dangote Group, Aliko Dangote, has predicted that the naira will strengthen to ₦1,000 to $1...

Nigeria’s Inflation Rate Drops to 15.10%

Economy Staff Editor -
Nigeria’s headline inflation eased slightly to 15.10 per cent in January 2026, down from 15.15 per cent in December...

Türkiye, Nigeria Unite Against Terrorism, Target $5bn Trade Volume

Economy Staff Editor -
President of the Republic of Türkiye, Recep Tayyip Erdogan, on Tuesday in Ankara reaffirmed his country’s commitment to working...

Naira hits record ₦1,401.22/$ since EFEMS

Economy Staff Editor -
The naira on Tuesday strengthened to a record high of ₦1,401.22 per dollar at the official foreign exchange (FX)...

Nigeria Raises ₦1.54 Trillion in Oversubscribed January Bond Sale

Economy Staff Editor -
The Debt Management Office (DMO) kicked off its 2026 domestic borrowing on a strong note, raising ₦1.54 trillion at...

Inflation slows to 21.88% in July even as food prices climb

Economy Newsdemo Editor -
Headline inflation eased for a fourth straight month in July to 21.88% from 22.22% in June following an update...
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Lagos Residents Protest Unreliable Power Supply, Demand Immediate Action

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Residents of Lagos on Friday took to the streets...

₦1.2bn Fraud Trial: EFCC Witness Says He Delivered $15m Cash to Ex-NIMASA DG Akpobolokemi

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A prosecution witness in the ongoing fraud trial involving...

Former Jigawa Gov Sule Lamido, Sons, Family Firms for Fresh Arraignment in Alleged ₦1.35bn Fraud April 1

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Justice Peter Lifu of the Federal High Court sitting...

Tambuwal Resigns from PDP, Joins ADC

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Former Governor of Sokoto State, Senator Aminu Tambuwal, has...

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