Economy

Nigeria eyes China market with zero-tariff fish exports

Nigeria is pushing to expand its fish and aquatic products trade after securing zero-tariff…

FG reopens N1.1trn bonds for August auction

The Federal Government has reopened three bonds worth a combined N1.1 trillion for subscription.…

Nigeria’s petrol use drops 600,000 litres daily

Nigeria petrol consumption fell by about 600,000 litres per day in June 2026 compared…

NCDMB unveils digital portal to boost oil sector efficiency

The Nigerian Content Development and Monitoring Board has unveiled a new digital platform aimed…

FG unveils agric mechanisation policy, plans tractor plant

The Federal Government has unveiled a new agricultural mechanisation policy. It also announced plans…

Firms pay Trump Media up to $100,000 monthly for faster Truth Social posts

Trump Media says more than 10 customers have signed up for a new service…

Subsidy could have cost Nigeria ₦53tn – NRS chair

Nigeria’s fuel subsidy cost could have climbed to about ₦53 trillion if the policy…

CBN survey shows rising demand for housing loans among Nigerians

Demand for Nigeria housing loans increased in the second quarter of 2026, as more…

Taraba govt denies N1.2trn debt claims

  The Taraba State Government has dismissed allegations by opposition parties that the state…

Tinubu walks to office, eats once daily — NRS chair

  The Executive Chairman of the Nigeria Revenue Service, Zacch Adedeji, has dismissed concerns…

Unitree sets China IPO price at 150.8 yuan, eyes $904m fundraising

Chinese robotics company, Unitree, has set the price for its Shanghai initial public offering…

Iran lists demands to reopen Strait of Hormuz

Iran has set a series of conditions for the Strait of Hormuz reopening. It…

Dollar to Naira rate today, August 7, 2026

The Dollar to Naira rate remained relatively stable on Friday, August 7, 2026. The…

China export boom continues as global AI demand lifts tech shipments

The China export boom continued in July as strong global demand for artificial intelligence-related…

US increases visa bonds for immigrants to $250,000

The US visa bond pilot may require selected prospective immigrants to post bonds reaching…