Federal Government Announces Official Launch of Digital Trade Platform on March 27
On March 27, Nigeria will formally introduce the national single window (NSW), a platform for online commerce.
All agencies and participants in import and export...
FAAN Calls for Patience Amid Cashless Payment Issues in Abuja and Lagos Airports
Following traffic jams at Murtala Muhammed International Airport in Lagos and Nnamdi Azikiwe International Airport in Abuja on the first day of its countrywide...
Uncertainty Trails Oil Revenue Executive Order Amid Growing Tension in NNPCL
Following the issuing of Executive Order 09, which requires the repatriation of oil income to the federation account, President Bola Ahmed Tinubu has received...
Nigerian Stocks Achieve Second-Highest Dollar Returns Globally, $21bn Recovered
Following a significant naira devaluation in 2024, Nigerian stocks recovered $21 billion in market value, and this year have produced the second-best dollar returns...
Cardoso Commends Nigeria for Securing Permanent Seat on African Monetary Institute Board
Central Bank of Nigeria (CBN) Governor Mr. Olayemi Cardoso has praised the African Union's (AU) recent decision to formally confirm Nigeria's permanent participation on...
Consumer Prices Ease: Nigeria’s Inflation Now at 15.1%
From 15.15% in December 2025 to 15.10% in January 2026, Nigeria's inflation rate has somewhat decreased.
According to reports, this is predicated on the most...
Nigeria Stays Africa’s Largest Oil Producer as Production Improves
In January 2026, Nigeria's crude oil production climbed to 1.459 million barrels per day, solidifying its position as Africa's top oil producer even though...
N1,000/Litre Petrol Possible If Coastal Logistics Persist – Dangote
The Dangote Petroleum Refinery has issued a warning that Nigerian fuel prices could approach N1,000 per litre if the country continues to rely on...
IMF Forecast: Nigeria’s 2026 GDP Hits $334bn, Overtaking Algeria in Africa
According to the International Monetary Fund (IMF), Nigeria's GDP is expected to reach $334 billion in 2026, overtaking Algeria as Africa's third-largest economy.
Nigeria ranked...
Cargo Overload at Lagos Ports Causes Congestion, Inefficiency — Experts
Stakeholders in Nigeria's maritime sector have described the situation as operationally unsustainable and economically detrimental, attributing the ongoing traffic jams and inefficiencies at Lagos...
