…Dave Ibemere has experience in business journalism, with in-depth knowledge of the Nigerian economy, stocks, and general market trends.Nigeria's food inflation climbed to 20.31% in July 2026, the sixth straight monthly increase, according to data released by the National Bureau of Statistics (NBS).The July figure is 2.…

…Dave Ibemere has experience in business journalism, with in-depth knowledge of the Nigerian economy, stocks, and general market trends.Wema Bank has opened applications for its Hackaholics 2026 programme, giving African entrepreneurs, developers, designers, students and social innovators a platform to build solutions t…

…said the council viewed the situation as an opportunity to retain more value within the Nigerian economy through jobs, rural incomes, foreign exchange savings and increased industrial capacity. “We don’t lack policy. What we have struggled with is world-class execution,” Bakrin said, adding that the challenge was more…

…has over a decade of experience in business journalism, with in-depth knowledge of the Nigerian economy, stocks, and general market trends.Nigeria's Securities and Exchange Commission (SEC) has directed all capital market operators to immediately freeze funds and assets connected to six individuals and three companies…

…has over a decade of business journalism experience with in-depth knowledge of the Nigerian economy, stocks, and general market trends. Nigeria's external reserves crossed a significant milestone last week, hitting $52.25 billion, the highest level recorded in 17 years — as the naira held steady across both official an…

…closing loopholes in the tax system. The NRS, in an internal report on the state of the Nigerian economy obtained by The PUNCH on Sunday, insisted that the country was moving from a period of severe macroeconomic distress towards a more stable and resilient economy following the implementation of a series of difficult…

…has over a decade of experience in business journalism, with in-depth knowledge of the Nigerian economy, stocks, and general market trends.A total turnover of 4.607 billion shares valued at N130.636 billion in 263,439 deals was recorded on the floor of the Nigerian Exchange (NGX) during the week, compared with 4.164 bi…

…has over a decade of experience in business journalism, with in-depth knowledge of the Nigerian economy, stocks, and general market trends.X has closed new sign-ups for its Revenue Sharing programme and unveiled a replacement scheme, the Original Content Rewards Programme, which the company says will focus on compensat…

…and 25.0 points over the next six months.Additionally, 63.4% of households said the Nigerian economy would deteriorate if inflation accelerated beyond its current pace. Meanwhile, 35.6% of respondents expected bank lending rates to increase over the next three months, while 57.2% preferred interest rates to decline. At…

…has over a decade of experience in business journalism, with in-depth knowledge of the Nigerian economy, stocks, and general market trends.Global crude oil prices recorded one of their steepest single-day drops in recent months on Tuesday, August 4, raising expectations that petrol prices in Nigeria may ease if the dec…

…has over a decade of experience in business journalism, with in-depth knowledge of the Nigerian economy, stocks, and general market trends.The Nigerian Exchange (NGX) ended the trading week on a negative note, with investors losing roughly N1.26 trillion in market value as profit-taking swept through several major stoc…

…has over a decade of experience in business journalism, with in-depth knowledge of the Nigerian economy, stocks, and general market trends.The Nigerian National Petroleum Company (NNPC) Limited has released new pump prices for Premium Motor Spirit (PMS), popularly known as petrol, across its retail outlets nationwide,…

…has over a decade of experience in business journalism, with in-depth knowledge of the Nigerian economy, stocks, and general market trends.Nigeria's three largest listed cement manufacturers—Dangote Cement, BUA Cement, and HBM Nigeria—reported robust first-half 2026 earnings, driven by higher sales volumes, improved op…

…the engine room of President Bola Ahmed Tinubu’s ambitious plan to build a $1 trillion Nigerian economy, unveiling far-reaching reforms aimed at producing a globally competitive workforce, expanding admissions into health institutions, and sustaining industrial peace across the nation’s universities. Minister of Educat…

…has over a decade of experience in business journalism, with in-depth knowledge of the Nigerian economy, stocks, and general market trends.Tunde Onakoya, founder of Chess in Slums Africa, has partnered with Jobs59 and AltSchool Africa to introduce a N250 million scholarship programme aimed at helping corps members and…

…has over a decade of experience in business journalism, with in-depth knowledge of the Nigerian economy, stocks, and general market trends.The Special Adviser to the Lagos State Governor on Tourism, Idris Aregbe, has unveiled the Renewed Hope Creative and Innovative Hub, describing it as a strategic platform to empower…

…has over a decade of experience in business journalism, with in-depth knowledge of the Nigerian economy, stocks, and general market trends.The Federal Government has opened applications for its Credit for Laptops, Internet, Connectivity and Knowledge Digital Devices (C.L.I.C.K.D.) Programme, allowing Nigerians to acqui…

…rising to $51.92 billion as of July 16, 2026. Monday’s exchange rate comes as the Nigerian economy braces for the outcome of the apex bank’s 306th MPC meeting on Tuesday. Currently, Nigeria’s benchmark interest rate stands at 26.50 percent, while the inflation rate was 15.91 percent in June, according to the National B…

…has over a decade of experience in business journalism, with in-depth knowledge of the Nigerian economy, stocks, and general market trends.Filling stations across Nigeria have increased the pump price of Premium Motor Spirit (PMS), popularly known as petrol, following a rise in depot loading prices to around N1,200 per…

…has over a decade of experience in business journalism, with in-depth knowledge of the Nigerian economy, stocks, and general market trends.Retail prices of cooking gas, also known as Liquefied Petroleum Gas (LPG), have fallen across Nigeria as improved domestic supply and lower depot prices continue to ease pressure on…

…has over a decade of experience in business journalism, with in-depth knowledge of the Nigerian economy, stocks, and general market trends.The Central Bank of Nigeria (CBN) has ordered Bureau De Change (BDC) operators to return any foreign exchange purchased through the Nigerian Foreign Exchange Market (NFEM) that rema…

…with commercially viable and impact-oriented opportunities across sectors of the Nigerian economy aligned with the United Nations Sustainable Development Goals (UN SDGs). Through the deployment of funds so far, nine portfolio companies have been able to digitise the distribution of essential goods, manufacture local me…

…reform programme and outlined the impact of its monetary policy initiatives on the Nigerian economy. Cardoso stated that the apex bank had “fundamentally transformed Nigeria’s foreign exchange market by eliminating multiple exchange rate windows, restoring transparency, and rebuilding confidence in monetary policy.” “T…

…highlighting that the Bank had invested between 15 and 20 billion dollars in the Nigerian economy over the last five years. He invited the President to visit the African Medical Centre of Excellence (AMCE) located in Abuja. Elombi also told the President that Afreximbank has committed US$2 billion to support Nigeria’s…

He praised President Bola Ahmed Tinubu for his efforts at expanding the Nigerian economy, which he believes is performing well at the macroeconomic level. "Things might look difficult today. Yes, as you can see, I am an industrialist. The macroeconomy is doing well, but the microeconomy is not doing well. I told the Pr…