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News

Nigeria’s Business Activity Expands For Sixth Month As Manufacturing, Others Maintain Growth

By Jennete Ugo Anya   Nigeria’s business environment sustained its expansion momentum in June 2026, with manufacturing, agriculture and trade…

Senate Clears Lafarge Acquisition By Chinese Investor, Says Nigerian Shareholders’ Stake Protected

By Kingsley Benson   The Senate has approved the proposed acquisition of Lafarge Africa Plc by Chinese firm Huaxin Pan-African…

World Bank Maintains Nigeria’s Lower-Middle Income Status As Restructurings Target Economic Upgrade

By Majeed Salaam   Nigeria will remain classified as a lower-middle-income economy in the World Bank’s 2027 fiscal year classification,…

Nigeria Inflation Climbs To 15.93% In May

By Musa Ibrahim   Nigeria’s headline inflation rose to 15.93 per cent in May 2026, marking the third consecutive monthly…

Nigeria’s External Reserves Reach Strongest Position In More Than 17 Years

By Anita Dennis   After years of fluctuating foreign exchange buffers, recurring currency pressures and external sector vulnerabilities, Nigeria's external…

FG Bets On Technical Skills To Drive Nigeria’s Economic Transformation

By Jennete Ugo Anya   As Nigeria confronts the challenge of creating opportunities for a rapidly expanding young population, policymakers…

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