Thursday , 15 October 2026

Economy

Economy

Nigeria Losing Up to ₦20tn Annually to Revenue Leakages, Fiscal Mismanagement — Agbakoba

Senior Advocate of Nigeria and former President of the Nigerian Bar Association, Dr. Olisa Agbakoba, has raised fresh concerns over what he described...

EconomyNews

Monday Brief: Nigeria Faces Downstream Energy Volatility as Pump Prices Surge

As of Monday, March 9, 2026, Nigeria’s downstream petroleum sector is experiencing significant volatility, with Premium Motor Spirit (PMS) retail prices exceeding N1,000...

EconomyNews

Monday Brief: Nigeria’s 2026 Budget Signals Push for Growth Amid Debt Pressures

 Nigeria’s fiscal direction for 2026 is anchored on a N58.18 trillion spending plan presented by President Bola Ahmed Tinubu to a joint session...

EconomyMarineNews

Only ₦202.47m Released from ₦3.53bn 2025 Capital Budget — Marine, Blue Economy Ministry

The Federal Ministry of Marine and Blue Economy has disclosed that only ₦202.47 million — about 1.7 percent of its revised ₦3.53 billion...

EconomyNews

MAN Engages Presidential Tax Reform Committee on New Fiscal Laws

The Manufacturers Association of Nigeria (MAN) has hosted a hybrid stakeholder engagement with the Presidential Committee on Fiscal Policy and Tax Reforms, examining...

Economy

EFCC Detains Ex-AGF Abubakar Malami Over Alleged Terrorism Financing, N10bn Investments and Abacha Loot Queries

The Economic and Financial Crimes Commission (EFCC) has detained former Attorney-General of the Federation and Minister of Justice, Abubakar Malami (SAN), over allegations...

Economy

Nigeria Unveils Major Incentives to Attract Global Mining Investors, Secures Over $2bn in Lithium and Rare Earth Deals

Nigeria has rolled out a comprehensive package of incentives aimed at transforming the country into a global mining hub, the Minister of Solid...

EconomyNews

CBN Announces Major Policy Shift, Raises Withdrawal Limits and Removes Deposit Restrictions

The Central Bank of Nigeria (CBN) has introduced sweeping changes to its cash withdrawal and deposit framework in a significant policy shift aimed...

Economy

Indigenous Contractors Storm Finance Ministry Over N500bn Unpaid Debts

Led by the association’s National Secretary, Babatunde Seun-Oyeniyi, the contractors accused the Federal Government of reneging on repeated assurances to settle payments and...

Economy

New Insurance Act Strengthens Consumer Protection, Urges Compliance for Real Estate Professionals

Immediate past President of the Nigerian Council of Registered Insurance Brokers (NCRIB), Babatunde Oguntade, has praised the new Insurance Act for providing long-awaited...