Nigeria’s long-awaited revenue rebound is failing to translate into tangible development as many state governments channel new fiscal gains into growing overheads and debt servicing, ...

Bayelsa just pulled off an unlikely feat in 2024 — a 250% surge in tax revenue within a single year....

Nigeria’s consumer goods sector is facing a paradox. While companies are posting impressive profits, their warehouses are filling up with unsold goods, a sign that consumers are buying less....

Green dreams are accelerating, and the focus is shifting beyond oil production. Solar power, batteries, and electric vehicles are transforming competitiveness and trade....

The federal government of Nigeria has approved a 15 percent ad-valorem import tariff on Premium Motor Spirit (PMS) and Automotive Gas Oil (diesel), a move designed to protect local refiners,...

The naira hit a 10-month high of N1,444.42 per dollar in the official foreign exchange market on Wednesday, as dollar holders continued selling down their positions and increasing exposure to naira-denominated assets....

Aisha Musa, a tomato farmer in Kaduna, depends on Zenvus’s soil sensor app for irrigation updates. Today, the app shows optimal moisture levels, helping her save diesel by skipping unnecessary pumping....

Despite ongoing fiscal tightening, Nigeria’s states are piling up more debt on their citizens. Fresh data from BudgIT’s latest State of States report shows that average debt per capita rose slightly from ₦40,469 in 2023 to ₦41,766 in 2024, ...