Farmers’ push for higher profits in urban markets is stoking inflation in interior communities, widening the price gap between cities and rural areas, experts have said....

President Bola Tinubu’s ambitious economic reforms are coming under renewed strain as a wave of violent attacks and mass abductions deepens insecurity across Nigeria, threatening to erode investor confidence in Africa’s biggest oil producer....

Nigeria’s goal of achieving the ‘Go Local’ vision, which prioritises locally-made products over imported ones, is hard hit by high logistics and energy costs....

Nigeria’s inflation rate fell for the seventh consecutive month to 16.1 percent, coming in well below economists’ projections and strengthening expectations of a significant cut in the benchmark interest rate....

The pension liabilities of Kaduna, Benue, Adamawa and Taraba surpassed their Internally Generated Revenues (IGRs) in 2024, highlighting the fiscal distress facing these subnational governments....

Nigeria’s retail stock investors transactions almost doubled in nine months to September. Transactions by this class of investors reach a recorded high of N2.61trillion in nine months, an increase by 53 percent from N1.7trillion as at same period in 2024....

Banking transactions conducted through Web Pay, also known as internet banking, surged to ₦542.98 trillion in the first quarter (Q1) of 2025, reflecting customers’ growing preference for digital channels over Automated Teller Machines (ATMs) and Point of ...

For only the second time in history, S&P Global Ratings has upgraded Nigeria’s outlook to ‘positive’ from ‘stable,’ while affirming the country’s sovereign credit ratings at ‘B-/B.’...