Nigeria Economy

Lagos: United Capital Plc has reported a profit after tax of N11.9 billion for the first half of 2025. This represents a 54 per cent increase from the N7.74 billion …

Lagos: The Naira closed the week on a positive note, gaining 4.52 kobo against the U.S. dollar at the official market on Friday. According to the latest figures from the …

Lagos: The Nigerian stock market closed the week on a bullish note on Friday as investors gained N793 billion. Market capitalisation rose by N793 billion, or 0.94 per cent, to …

Seme (Lagos State): The Nigeria Customs Service (NCS), Seme Area Command, has intercepted smuggled rice and cannabis worth over N1.2 billion at the Seme Border. Also intercepted were five trucks …

President Tinubu receives Managing Director/Chief Financial Officer World Bank Group

Ibadan: An Agriculture development expert, Dr Debo Akande, has called for a deliberate agro-industrial strategy as a solution to Nigeria’s longstanding economic stagnation and development challenges. He made the call …

Stock market opened on a bullish note on Monday, resulting in a gain of ₦152 billion for investors. This extended the previous week’s four-day rally. The uptrend was driven by …

Lagos: Economic experts have highlighted both achievements and shortcomings in their review of Nigeria’s economic performance during the first half of 2025. They spoke at the Lagos Chamber of Commerce …

Lagos: The Lagos Chamber of Commerce and Industry (LCCI) has extended its condolences to the family of former President Muhammadu Buhari, the Federal Government, and all Nigerians. Dr Chinyere Almona, …

Lagos: The Naira experienced a slight depreciation on Friday at the official market, trading at N1,528.56 to the dollar. Data obtained from the website of the Central Bank of Nigeria …