FG: FTSE Russell Frontier status validates Nigeria’s economic reforms
Nigeria’s capital market will return to the global Frontier Market classification following a decision by global index provider FTSE Russell, the Federal Government has announced. The reclassification will take effect…
Subsidy removal: Oyedele explains what Nigeria gained, what it escaped
The Minister of Finance and Coordinating Minister of the Economy, Mr Taiwo Oyedele, has outlined the impact of the Federal Government’s economic reforms, particularly the removal of fuel subsidy and…
Food inflation hits 20.31% despite easing headline inflation
Nigeria’s food inflation rate rose for the fifth consecutive month, climbing to 20.31 per cent in July 2026 from 17.52 per cent in June, according to the National Bureau of…
Headline inflation falls to 15.43% in July
Nigeria’s headline inflation rate fell to 15.43 per cent in July 2026, down from 15.91 per cent recorded in June. The National Bureau of Statistics (NBS) disclosed this in its…
Presidency dismisses Atiku’s ‘recklessness’ claim, defends Tinubu’s reform agenda
The Presidency has dismissed former Vice President Atiku Abubakar’s criticism of President Bola Tinubu’s economic policies, insisting that the administration’s reforms have strengthened Nigeria’s economy and laid the foundation for…
Nigerians spend ₦1.7tn on MTN data in H1 2026
MTN Nigeria earned ₦1.699 trillion from data services in the first six months of 2026, highlighting the sustained demand for internet connectivity despite prevailing economic challenges. According to the telecom…
Tinubu: Nigeria’s economy on steady growth as Deloitte backs reforms
President Bola Tinubu has said Nigeria's economy is on a steady path of growth, attributing the progress to the financial, fiscal and tax reforms implemented by his administration over the…
Tinubu backs Mastercard plan, says Nigerian youths ready for global digital economy
President Bola Tinubu has assured global investors that Nigeria’s youthful population is ready to compete and integrate into the global economy, describing the country's young people as tech-savvy, adaptable and…
May report: Dangote supplies 87.55% of petrol, diesel imports collapse
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has revealed that Dangote Petroleum Refinery supplied 87.55 per cent of Nigeria’s petrol needs in May 2026, reinforcing its dominant position…
Oil prices drop further, Asian stocks rally as US-Iran peace deal takes effect
Oil prices fell on Thursday while major Asian stock markets surged after the United States and Iran signed an interim peace agreement aimed at ending months of conflict and restoring…
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