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State police will protect persecuted Nigerian Christians, says US lawmaker

US Congressman Riley Moore has welcomed Nigeria's Senate passage of the state police bill, saying it would help states protect citizens, including persecuted Christians.

ISIS funding: FG set to charge US-sanctioned BDC operator

The EFCC is set to charge a Lagos bureau de change operator over alleged ISIS financing, saying it concluded key parts of its probe before US sanctions.

FG unveils net-zero plan, targets 2060 neutrality

Nigeria's government has launched a net-zero plan targeting carbon neutrality by 2060, backed by fresh German funding and tied directly to the country's long-term economic growth.

IMF warns Nigerians of tougher times ahead as food, transport costs climb and debt rises

The IMF warned Nigerians face tougher near-term conditions from rising food and transport costs, even as the country's oil grades trade above $113 per barrel.

IMF cuts Nigeria growth forecast to 4.1 percent

The International Monetary Fund cut Nigeria's 2026 growth forecast to 4.1 percent, down from 4.4 percent, citing higher commodity costs and shipping disruptions.

Manufacturing sector taxes climb to N2.05tn in 2025

Nigeria's manufacturing sector contributed N2.05 trillion in total taxes in 2025, with VAT and Company Income Tax both posting double-digit gains, according to the National Bureau of Statistics.

Edun targets 7 percent annual Nigeria GDP growth

Finance Minister Olawale Edun says Nigeria is targeting 7 percent annual GDP growth and needs $14 billion yearly to bridge its infrastructure gap.

Manufacturing foreign investment in Nigeria plunges 51 percent

Nigeria's manufacturing sector absorbed just $772.45 million in foreign investment in 2025, a 51 percent drop from 2023, even as total capital inflows surged.

Nigeria capital importation jumps in 2025

Nigeria capital importation surged in 2025, rising sharply on the back of portfolio investments and increased inflows into the banking sector.

Tinubu Reforms Deepen Stability, Federal Unity, Bagudu Says

Nigeria’s budget minister says Tinubu’s economic reforms are improving political coordination, stabilising markets and guiding development partnerships despite short-term hardships.

Anambra Shuts Onitsha Main Market Over Sit-At-Home Defiance

Anambra State shut Onitsha Main Market for one week after traders defied the Monday sit-at-home order, escalating efforts to restore normal economic activity.

Nigeria’s Economy Set To Soar: IMF Predicts 4.4% Growth In 2026

IMF forecasts Nigeria’s economy to grow 4.4% in 2026, highlighting reforms, energy prices, and fiscal stability.

Nigeria Posts Strongest Economic Expansion at 57.6 Index

Nigeria recorded its strongest economic expansion at 57.6 index points, as activity, demand, and confidence strengthened across the private sector.

Nigeria Assures Investors About Market After US Backed Strike

Nigeria’s finance minister says a joint security operation with the United States will strengthen stability, reassure investors and support continued economic growth.

Latest articles

State police will protect persecuted Nigerian Christians, says US lawmaker

US Congressman Riley Moore has welcomed Nigeria's Senate passage of the state police bill, saying it would help states protect citizens, including persecuted Christians.

ISIS funding: FG set to charge US-sanctioned BDC operator

The EFCC is set to charge a Lagos bureau de change operator over alleged ISIS financing, saying it concluded key parts of its probe before US sanctions.

LPPC suspends Mike Ozekhome’s SAN rank

The Legal Practitioners' Privileges Committee has suspended Chief Mike Ozekhome's Senior Advocate of Nigeria rank pending the determination of disciplinary proceedings against the constitutional lawyer.

Cocoa and coffee farmers seek African bloc and $6,000 floor price to end foreign control

COCEFAAA has called for a unified African cocoa producers' bloc and a floor price of at least $6,000 a tonne to strengthen farmers' bargaining power.