Economy

President Bola Tinubu has signed the Nigerian Insurance Industry Reform Act (NIIRA) 2025 into law, marking a significant step toward...

The African Development Bank (AfDB) and its development partners have raised $2.2 billion (approximately N3.4 trillion) to implement the second...

The Lagos Division of the Court of Appeal, Lagos, on Wednesday restored an interim forfeiture order obtained by the Economic...

According to various sources Nigeria possesses substantial natural gas reserves, estimated at over 200 trillion cubic feet. This volume makes...

Rebasing is a standard global practice that updates national economic data to better reflect current realities. In Nigeria’s case, the...

Across Nigeria, the evidence of infrastructural neglect is written in potholes, crumbling bridges, and impassable highways. From Lagos to Kano,...

The oil and gas sector is creating pathway to revolutionize and catalyze indigenous capacity backed by the local content initiative...

Nigeria’s economic trajectory has remained vulnerable to shocks, largely because of overdependence on oil revenues and underinvestment in critical, high-potential...

Nigeria, endowed with vast forests, abundant sunlight, and a youthful population, ironically finds itself deeply reliant on imported paper to...

The enactment of the Petroleum Industry Act (PIA) is seen as a boost to Nigeria’s oil and gas sector growth...