Dr. Olufemi Ogunyemi, CEO of NEPZA, has led transformative reforms over two years, digitizing operations and expanding free trade zones to attract investments and create jobs, aligning with President Tinubu's economic agenda.
The Nigerian naira appreciates to N1,348 per dollar in the official market and N1,395 in the parallel market, driven by improved dollar supply and Central Bank interventions, despite global oil price volatility from US-Iran tensions.
Afreximbank, in partnership with AUC and the AfCFTA Secretariat, launches its third training program in Cairo to equip African businesses with skills to maximize AfCFTA benefits, focusing on trade finance, supply chains, and market access.
The African Export-Import Bank (Afreximbank) has signed a hosting agreement with the Government of St Kitts and Nevis for the fifth AfriCaribbean Trade and Investment Forum (ACTIF2026), set for July 2026 in Basseterre, aiming to deepen economic ties.
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The Federal Government of Nigeria is set to raise ₦700 billion from the domestic bond market in April 2026, continuing a trend of reduced monthly borrowing. The auction involves three benchmark bonds with elevated coupon rates, reflecting ongoing high-yie
The Federal Government plans to raise ₦700 billion from the domestic bond market in April 2026, continuing a gradual reduction in monthly borrowing amid elevated interest rates, with bonds targeting institutional investors.
Nigeria marks the inaugural International Day of Women in Industry, with UNIDO calling for action to dismantle barriers and integrate women into industrial development, innovation, and economic transformation.
The International Labour Organisation has released a major report calling for strengthened social protection systems to cover all workers, including temporary and self-employed, amid volatile economic transformations.
Nigeria's money market saw a sharp divergence in March 2026, with treasury bills rising to N3.2 trillion while commercial paper issuance dropped 58% to N34 billion, reflecting a shift toward government-backed securities.
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The West African Tax Administration Forum attributes the region's slow development to inefficient VAT collection, urging rapid adoption of digital systems to boost revenue and economic progress.
The Federation Account Allocation Committee disbursed N2.04 trillion in March 2026, with statutory revenue rising to N1.7 trillion, a N137.9 billion increase from February.
Discover how far $100 goes in Nigeria in 2026, covering exchange rates, purchasing power across cities, and practical strategies to maximize your money in today's economy.
Learn how strategic asset allocation can protect your investments from inflation, currency volatility, and liquidity risks in Nigeria's dynamic economy, with insights from financial experts.
Discover practical financial tips for Nigerians with irregular income to manage money, cut expenses, and build savings despite rising living costs and economic challenges.
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Karex, the world's largest condom manufacturer, warns of potential 30% price increases as the Iran war disrupts oil and petrochemical shipments through the Strait of Hormuz, affecting production costs.
Former Finance Minister Wale Edun's economic record reveals a mixed legacy, with inflation and GDP growth improving but debt and fuel prices surging during his tenure from 2023 to 2026.
The Spirits and Wines Association of Nigeria reveals illicit trade causes N428 billion in lost government revenue, undermines legitimate businesses, and poses public health risks.
Youth-led demonstrations erupt across Kenya as record-high fuel prices drive up transport and food costs, with protesters blaming government policies and economic mismanagement for the crisis.
Nigeria slashes car import tariffs to 40%, but experts say currency volatility and extra charges may keep prices high, frustrating consumers.
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Wale Edun reflects on his tenure as Finance Minister, calling it an honour. He highlights economic growth from 2% to 4% and inflation drop from 35% to 15%.
An analysis of Finance Minister Wale Edun's seven major economic policies, including naira float and subsidy removal, and their profound effects on Nigerian households and businesses during his tenure.
A new report reveals that dilapidated infrastructure is a major barrier to intra-African trade, with logistics costs far exceeding global benchmarks, hampering regional integration efforts.
This analysis critiques Nigeria's economic policies, highlighting failures in steel production, energy, and youth unemployment, urging strategic reforms to secure global influence amid geopolitical tensions.
Financial experts at The Global Wealth and Legacy Forum in Lagos emphasize the critical need for long-term wealth planning and global investment strategies to combat inflation and currency volatility, highlighting legacy planning and offshore solutions.
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African economies hold $1 trillion in domestic savings but lack pathways to productive investment. Development banks must align regulations, build platforms, and create analytical infrastructure to channel capital effectively.
A new report reveals that dilapidated infrastructure is a major barrier to intra-African trade, with logistics costs far exceeding global benchmarks, undermining regional integration efforts across the continent.
Industry leaders stress that Nigeria must focus on execution and quality standards to unlock its export potential, as market access alone is insufficient for global competitiveness.
Minister Jumoke Oduwole outlines reforms like the National Single Window and tax changes to boost MSMEs, but experts caution that policy inconsistency could undermine these efforts.
Economist Dr Muda Yusuf warns that the Middle East crisis could disrupt Nigeria's 2026 budget execution despite potential oil revenue gains, citing volatility and existing commitments.
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Nigeria's domestic debt servicing surged by 46% to N8.61 trillion in 2025, now exceeding external debt costs. Treasury bill interest payments tripled, highlighting growing fiscal pressures as debt servicing surpasses capital expenditure by N3.9 trillion.
