Economy

Nigeria’s Information and Communication sector grew by 9.62 per cent year-on-year in real terms in the second quarter of 2026, more than twice the pace of overall economic growth. The latest Gross Domestic Product (GDP) report from the…

The UBA mobile app outage has disrupted banking services for some customers since Sunday, preventing them from accessing the platform. United Bank for Africa (UBA) apologised to affected customers on Tuesday and said it was working to…

President Bola Tinubu’s Special Investigator, Jim Obazee, has called on the Financial Reporting Council of Nigeria (FRC) to demand the withdrawal and restatement of the Central Bank of Nigeria’s (CBN) 2025 audited financial statements,…

Nigeria’s real Gross Domestic Product (GDP) grew by 4.43 per cent year-on-year in the second quarter of 2026, accelerating from the 3.89 per cent recorded in the first quarter, the National Bureau of Statistics (NBS) has said. The…

Nigeria recorded its highest-ever monthly remittance inflow through formal channels in July 2026, with funds transferred via International Money Transfer Operators (IMTOs) reaching $947 million. This milestone…

Petrol prices in Abuja have increased at several filling stations after another rise in Dangote Refinery’s ex-depot price. Many filling stations across the Federal Capital Territory (FCT) have raised their pump prices, leaving motorists…

The federal government has sought practical and evidence based inputs from Nigerians, businesses, investors, professional bodies, civil society organisations, academia and other stakeholders for the Finance Bill 2027. This development…

The African Continental Free Trade Area Secretariat has identified trade finance, digital payments, logistics and value addition as critical to unlocking Nigeria’s non-oil export potential. AFCFTA Secretary-General Wamkele Mene who spoke…

Afreximbank recorded a 30 per cent rise in net income in the first half of 2026, reaching $534.7 million as lending and asset quality improved. The African Export-Import Bank’s net income increased from $412.7 million in H1 2025, while…

The SOWENON food security campaign has called on the Federal Government to take stronger action against Nigeria’s worsening food crisis. The National Coordinator of the South West East North Of Nigeria Cord. Initiative (SOWENON), Dr Sam…