Effective 1 January 2026, Nigerian households earning ₦250,000 or less are classified as poor and are exempt from paying taxes under the new tax law signed by President Bola Tinubu on Thursday.…

Finance Minister Taiwo Oyedele says Nigeria’s economy has moved beyond a period of instability and is now on a more stable path, with the government shifting its attention to inclusive economic growth. Speaking at the Nigeria Employers’…

Price of Liquefied Petroleum Gas (LPG) popularly called cooking gas has crashed to between N1,050 and N1,150, giving reliefs to residents of the Federal Capital Territory (FCT) and neighbouring communities in Nasarawa State. Thr price of…

As Muslims across Nigeria prepare for the 2026 Eid al-Adha or Sallah celebration, rising food prices and worsening economic pressures are reshaping what was once a festive season marked by abundance, family gatherings, and sharing of love…

The World Bank Group has called on African governments to rethink their growth strategies, warning that the continent’s economic outlook faces increasing uncertainty without stronger policy reforms. In its latest Africa Economic Update…

The Centre for the Promotion of Private Enterprise (CPPE) has said Nigeria’s inflation moderation signals improved price stability and a stronger consumer welfare but warned that falling food prices could undermine farmers’ income and rural…

Africa’s consumption of refined petroleum products is expected to surge significantly over the next three decades, positioning the continent as a major driver of global fuel demand growth, according to the African Energy Chamber’s…

Fellow Nigerians, as we mark the second anniversary of our administration, I salute your resilience and undaunting spirit. Two years ago, you entrusted me with the sacred responsibility to lead our nation at a time of historic challenges.…

Lagos State’s economy has surged to an estimated Gross Domestic Product (GDP) of ₦55.7 trillion in 2024, solidifying its position among the top three largest economies in Africa. This was revealed by the Commissioner for Economic Planning…

Nigeria’s inflationary pressures intensified in March 2025, with consumer prices rising sharply across both goods and services, according to the latest Consumer Price Index (CPI) report by the National Bureau of Statistics (NBS). The report…