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Tuesday, October 27, 2026
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CATEGORY

Economy

FG Reaffirms Commitment To Energy Security Through Domestic Refining

The Federal Government has reaffirmed its commitment to strengthening energy security through domestic refining, improved crude supply and increased investment in the petroleum sector. President...

Nigeria Floats Draft Economic Blueprint to Guide Government Plans

Nigerian Finance Minister Taiwo Oyedele unveiled a draft economic policy framework designed to serve as a blueprint for government plans, budgets and policies, regardless...

Again, Petrol Price Hike Looms After Crude Hits $115

The sharp rise in international crude oil prices could trigger another increase in petrol prices in Nigeria, with Brent crude climbing to $115.18 per...

Nigeria Pitches $2.4 Trillion Purchasing-Power Economy as Oyedele Courts Private Capital

Nigeria's economy is worth about $2.4 trillion when measured by purchasing power parity (PPP), making it the world's 19th-largest, Finance Minister Taiwo Oyedele told...

Finance Minister Oyedele Projects 2026 Fiscal Deficit Below 4.2% Target on Reduced Debt Costs

Nigeria’s Minister of Finance, Taiwo Oyedele, confirmed during an interview and briefing at Chatham House in London that the federal fiscal deficit for 2026...

Nigeria’s Money Supply Rises To N147tn In September

Nigeria’s broad money supply rose by N7.51tn in September 2026 to N146.6tn, as liquidity in the financial system continued to expand. Data published by the...

Inflation To Decline To 15.6% In 2026 – Report

Nigeria’s annual-average inflation is projected to decline significantly to 15.6 per cent in 2026 before easing further to 14.7 per cent in 2027, according...

Nigeria’s Cocoa Exports To US Jump 554 % To $142m

Nigeria’s cocoa bean exports to the United States rose sharply by 554 per cent to $142m in 2025, up from $21.7m  recorded in 2024,...

OPS Identifies Sectors To Attract More UAE Investments

Nigerian business leaders in the Organised Private Sector (OPS) have identified port decongestion, logistics, and economic zones as key sectors that could benefit from...

Nigeria Risked 1,000% Inflation Without Reforms – Oyedele

The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has claimed that Nigeria could have seen inflation as high as 1,000...

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