Nigeria’s currency extended its recent gains on Monday, strengthening to N1,356 against the United States dollar at the official foreign exchange market, its strongest...

Business

Food Prices Drive Inflation Higher as Nigeria Records 16.96% Food Inflation Rate

Ken Ibenne - June 16, 20260

Food costs remained the biggest source of inflationary pressure in Nigeria in May 2026, with food inflation rising to 16.96 percent, surpassing the country's...

Business

Manufacturing Drives N329.6bn VAT Revenue as Sector Strengthens Nigeria’s Non Oil Economy

Ken Ibenne - June 15, 20260

Nigeria’s manufacturing industry delivered a strong boost to government revenue in the first quarter of 2026, contributing N329.59 billion in Value Added Tax collections...

Business

IMF Tax Proposal Sparks Backlash as Nigerians Reject Fresh Telecom and Fuel Levies

Ken Ibenne - June 15, 20260

Nigerians have reacted strongly to a new recommendation by the International Monetary Fund urging the Federal Government to introduce fresh taxes on telecommunications services...

Business

Naira Slips as Forex Trading Volume Falls Sharply

Ken Ibenne - June 18, 20260

On Wednesday, the Nigerian naira marginally fell versus the United States dollar as activity in the official foreign exchange market significantly slowed. The Central Bank...

Business

Nigeria’s Tax Revenue Hits N15.8 Trillion as Reforms Drive Strong Growth

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FG Ends 1% Stamp Duty Deductions on Contractor and Vendor Payments

Naira Slips as Forex Trading Volume Falls Sharply

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Food Prices Drive Inflation Higher as Nigeria Records 16.96% Food Inflation Rate

Naira Hits Seven-Week High as Dollar Falls and Reserves Climb

JUST IN: Nigeria’s Inflation Rises Again, Hits 15.93% as Food Prices Climb

IMF Tax Proposal Sparks Backlash as Nigerians Reject Fresh Telecom and Fuel Levies

Manufacturing Drives N329.6bn VAT Revenue as Sector Strengthens Nigeria’s Non Oil Economy

World Bank Warns 53 Million People Across Region Could Face Food Crisis

Nigeria’s Food Import Bill Falls as Spending Drops to N1.39 Trillion

Nigeria’s Trade Boom Hits N7.55 Trillion as Exports Outpace Imports

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Naira Holds Firm At N1,823 Against Pound

Nigerian Stock Market Sheds N5 Trillion as Security Concerns Rattle Investors

Naira Hits Seven-Week High as Dollar Falls and Reserves Climb

Food Prices Drive Inflation Higher as Nigeria Records 16.96% Food Inflation Rate

Manufacturing Drives N329.6bn VAT Revenue as Sector Strengthens Nigeria’s Non Oil Economy

IMF Tax Proposal Sparks Backlash as Nigerians Reject Fresh Telecom and Fuel Levies

Naira Slips as Forex Trading Volume Falls Sharply

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