Economy

Latest Economy News

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

Nigeria loses ₦8bn monthly to Grid inefficiencies — NISO

The Nigerian Independent System Operator says Nigeria’s power sector is losing between…

Adeola Adelusi

NNPC doubles Dangote crude supply to 10 cargoes, signals potential fuel price relief

Nigeria’s state oil firm, Nigerian National Petroleum Company Limited, has doubled crude…

Adeola Adelusi

Stanbic IBTC Hosts 2026 Nigeria Business Summit, pushes Trade expansion

Stanbic IBTC Holdings has concluded the 2026 Nigeria Business Summit, with stakeholders…

Adeola Adelusi

Local Barage operators lament marginalization in Marine industry

The Minister of Marine and Blue Economy, Dr Adegboyega Oyetola, has directed…

Adeola Adelusi