Business & Economy

The Nigerian Economic Summit Group (NESG) has criticized the 2025 federal budget as insufficient to address Nigeria’s urgent social and infrastructure needs, according to its report, “2025 FGN Budget Analysis:...

To revitalize Nigeria’s economy and address insecurity at its core, the National Economic Council (NEC) endorsed the creation of a Cotton, Textile, and Garment Development Board, coupled with new plans...

Since President Donald Trump returned to office in January, he has implemented 10 percent tariffs on most U.S. trading partners and a 145 percent tariff on numerous Chinese goods. In...

In its latest Africa Pulse report, titled “Improving Governance and Delivering for People in Africa,” released on Friday, the World Bank warned that current social safety nets aimed at alleviating...

Senior diplomats from BRICS nations, including Nigeria, will gather in Brazil starting Monday to present a unified stance against U.S. President Donald Trump’s aggressive trade measures. The meeting follows the...

According to a statement published by the Saudi Press Agency, Saudi Arabia and Qatar announced on Sunday that they would settle Syria’s debt to the World Bank, summed up to...

The Chartered Institute of Taxation of Nigeria (CITN) has reiterated its dedication to advancing tax reforms and enhancing professionalism within the nation’s tax framework. During the institute’s 52nd induction ceremony...

Olayemi Cardoso, the governor of the Central Bank of Nigeria (CBN), has pledged to work harder to preserve the benefits of recent economic reforms and achieve single-digit inflation. Speaking at...

In order to boost port efficiency, the Nigerian Ports Consultative Council (NPCC) has finalized plans to establish a strategic partnership with the British Ports Association. NPCC Chairman Bolaji Sunmola announced...

Tony Elumelu, Chairman of United Bank for Africa Plc (UBA), assured stakeholders that the bank will meet the Central Bank of Nigeria’s (CBN) N500 billion minimum capital requirement for international...