Sweeping tax reforms and the digitisation of revenue collection helped Nigeria’s tax receipts climb to N27.1 trillion by July 2026, representing a 113 percent increase from...
Despite a significant increase in domestic refining capacity, Nigeria spent $4.86 billion on petroleum imports in 2025 as demand for foreign fuel and oil-sector inputs remained...
President Bola Tinubu has approved a major salary increase for members of Nigeria’s armed forces with junior personnel receiving pay increases of up to 80 percent...
Nigeria’s National Economic Council (NEC) has approved a $4.5 billion oil-backed financing arrangement for NNPC Limited as the Federal Government moves to strengthen the country’s external...
Nigeria plans to transition from regulated domestic gas prices to a market-driven pricing system within the next one to two years as investments in infrastructure and...
Nigeria could lose its competitive position in Africa’s emerging single market unless authorities address the structural challenges driving up production costs for local manufacturers, the National...
Sub-Saharan Africa could derive almost no meaningful economic benefit from artificial intelligence over the next decade unless governments address persistent electricity, internet and digital-skills deficits, according...
Member states of the Economic Community of West African States have endorsed the proposed $25 billion Nigeria–Morocco Atlantic Gas Pipeline through an intergovernmental agreement signed in...
The Federal Government plans to introduce a national scorecard that will measure whether Nigeria’s economic recovery is producing tangible improvements in household welfare. Minister of Finance...
The Federal Government has unveiled a $500 million agriculture investment fund designed to increase food production, attract private capital and develop commercial farming across the Niger...
