Economy

NMDPRA chief denies Dangote allegations, welcomes ICPC probe

The Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority, Farouk Ahmed,…

Dangote petitions ICPC over alleged corruption at NMDPRA

The President of the Dangote Group, Alhaji Aliko Dangote, has filed a petition with…

Elon Musk crosses $600bn net worth milestone

Tech billionaire Elon Musk has become the first person in history to record a…

Inflation drops to 14.45% in November – NBS

Nigeria’s headline inflation rate eased again in November 2025, falling to 14.45 per cent,…

Czech Republic seeks stronger economic ties with Nigeria

The Czech Republic’s Ambassador to Nigeria, Tomáš Výprachtický, has expressed his country’s determination to…

Aviation growth slumps to 2.88% as airfares spike – NBS

Nigeria’s aviation sector recorded a sharp slowdown in growth in the third quarter of…

CBN, NCC plan new short code for faster banking complaints

The Central Bank of Nigeria has announced that it is developing a new industry…

Reps move to amend CBN Act for stronger checks, transparency

The House of Representatives on Thursday opened debate on a bill seeking to amend…

ECOWAS approves plan to cut air travel cost from 2026

The Economic Community of West African States has approved a new policy aimed at…

Tinubu fumes over N1.5bn debts owed to 2000 contractors

President Bola Tinubu has expressed strong displeasure over a backlog of about 1.5 billion…

ECOWAS picks Dangote to lead new business council

The Economic Community of West African States has moved to deepen regional economic stability…

Tomato farmers project bigger supply for Christmas

The Tomatoes Growers and Processors Association of Nigeria says the supply of tomatoes will…

FG earnings from e-transer levy hit N360bn in 10 months

The Federal Government earned N360.29 billion from the Electronic Money Transfer Levy between January…

Stop buying private jets, Rolls-Royce, Dangote urges wealthy Nigerians

Businessman Aliko Dangote has advised wealthy Nigerians to shift their spending from luxury cars…

Lagos secures $6bn tech funding in five years

Lagos State Governor Babajide Sanwo Olu says the state attracted more than 6 billion…