Economy

Latest Economy News

IMF endorses Nigeria’s ongoing bank recapitalisation drive.

It said that stronger capital buffers are cushioning the financial system against…

Adeola Adelusi

Telecom Firms lose billions to rising Infrastructure theft

Nigeria’s telecom operators are incurring billions of naira in losses due to…

Adeola Adelusi

Nigeria, Morocco advance $25bn transcontinental gas pipeline deal

Nigeria and Morocco are set to sign a key intergovernmental agreement this…

Adeola Adelusi

Nigeria’s power output climbs to 4,300MW — FG

The Federal Government says Nigeria’s electricity generation increased from 3,951MW to 4,300MW…

Adeola Adelusi

Atiku faults Tinubu over Nigeria–Kenya fuel price comparison

Former Vice President Atiku Abubakar has faulted President Bola Tinubu for comparing…

Adeola Adelusi

World Bank: Nigeria cuts capital spending by N1tn

The World Bank says Nigeria’s capital spending dropped by N1tn in 2025…

Adeola Adelusi

IMF warns of slower global growth amid Middle East conflict

The International Monetary Fund says it will lower its global growth forecast…

Adeola Adelusi

Dangote reverses N75 Petrol hike amid global Crude oil drop

Dangote Petroleum Refinery & Petrochemicals has reduced the ex-gantry price of Premium…

Adeola Adelusi