Economic News

By Segun Adeyanju Nearly seven decades after crude oil was first discovered in Oloibiri, Bayelsa State, the historic community is witnessing a quiet but significant transformation, driven not by oil...

By Segun Adeyanju Twin entrepreneurs Eddie Ndichu and Paul Ndichu have transformed personal struggle and years of banking experience into a fast-growing fintech venture, WapiPay, aimed at simplifying cross-border payments...

By Segun Adeyanju Nigeria’s recently implemented tax reform is already boosting take‑home pay for many workers, with early payroll data showing a noticeable decline in Pay‑As‑You‑Earn (PAYE), deductions in January...

By Segun Adeyanju  Nigeria’s new tax regime under the Nigeria Tax Act (NTA), 2025 has clarified how professionals with multiple income streams are expected to declare their earnings, as the...

By Segun Adeyanju Nigerians may soon have the chance to own a stake in Africa’s largest refinery, as Aliko Dangote, founder of the Dangote Group, revealed plans to list the...

By Segun Adeyanju  The Dangote Group has turned to global refinery expertise to stabilize and expand its flagship $20 billion refinery, appointing former Duqm Refinery boss David Bird as CEO...

The Nigerian Exchange (NGX) wrapped up the first half of 2025 with a moderate year-to-date return of 16.57%, a slower climb when compared to the impressive 33.81% growth in the...

A record six African countries have secured spots in this year’s IMD World Competitiveness Ranking, underlining the continent’s steady push to strengthen its economic standing on the global stage. Published...

Food prices remain a pressing concern across Nigeria, even as the national year-on-year food inflation rate dropped to 21.14% in May 2025. The decline from 40.66% recorded a year earlier...

Gold prices fell on Wednesday as global investors pivoted toward riskier assets following a U.S. federal court decision that partially invalidated President Donald Trump’s trade tariffs. The ruling triggered a...