Business & Economy

Business & Economy

Cadbury Nigeria’s inventory builds up as profit, exports fall

Plu Team -
Cadbury Nigeria Plc reported a sharp build-up in inventory in the first quarter, a...
Business & Economy

World’s largest meat firm JBS faces scrutiny over $2.5bn Nigeria deal

Anietie Umoren -
Global environmental group Greenpeace has raised fresh concerns over a planned multibillion-dollar investment by...
Business & Economy

Tinubu sacks finance minister Wale Edun

Anietie Umoren -
President Bola Tinubu on Tuesday dismissed his finance minister, Wale Edun, in a sudden...
Business & Economy

World Bank quietly deletes Nigeria fuel import advice after Dangote backlash

Plu Team -
The World Bank has quietly removed a controversial policy recommendation that urged Nigeria to...
Business & Economy

Global economy faces recession risk over Iran war, IMF warns

Plu Team -
The global economy could slide toward recession if the ongoing US-Israel war with Iran...
Business & Economy

Oil jumps above $100 as U.S. blockades Iran

Plu Team -
Oil prices surged above $100 a barrel on Monday after the United States ordered...
Business & Economy

Tax fever builds as Nigerians face low awareness, harsh penalties

Plu Team -
Nigeria’s push to widen its tax net is colliding with low public awareness and...
Business & Economy

As fuel crisis bites harder, government response in Nigeria remains absent

Olawale Afolabi -
A month after the outbreak of war in Iran, Nigerians are grappling with the...
Business & Economy

EU announces new €66m grant, €221m loans to Nigeria

Plu Team -
The European Union has announced a fresh €287 million ($310 million) financing package for...
Business & Economy

Nigeria’s global happiness ranking falls to four-year low as hardship persists

Olawale Afolabi -
Nigeria has slipped further in global happiness rankings, amid unrelenting economic pressures on households...
Business & Economy

Nigeria food inflation rises even as headline inflation slows to 15.06%

Plu Team -
Food prices in Nigeria accelerated in February, even as overall inflation slowed slightly, underscoring...
Business & Economy

Two weeks after Iran war fuel shock, Nigeria offers no relief for citizens

Olawale Afolabi -
Two weeks after war in the Middle East sent global oil markets into turmoil,...
Business & Economy

Tinubu appoints tax czar Oyedele minister

Plu Team -
President Bola Ahmed Tinubu has nominated tax reform chief Taiwo Oyedele as minister of...
Business & Economy

Nigeria’s economy grows 4.07% in 2025 fourth quarter

Plu Team -
Nigeria’s economy expanded by 4.07 percent in real terms in the fourth quarter of...
Business & Economy

CBN cuts interest rate the second time in five months

Plu Team -
Nigeria’s central bank has cut its benchmark interest rate for the second time in...
Business & Economy

Nine out of 20 world’s fastest-growing economies in Africa — IMF

Plu Team -
The International Monetary Fund (IMF) has expressed optimism on the present economic situation in...
Business & Economy

Nigeria records lowest food inflation in over 14 years

Plu Team -
Nigeria has recorded its first single-digit food inflation rate in more than a decade,...
Business & Economy

Naira rallies to eight-month high at official FX window

Plu Team -
Nigeria’s naira climbed to its strongest level in more than eight months at the...
#PriceTracker

A shopper’s recreated supermarket bill tells Nigeria’s shocking inflation story

Plu Team -
At a time when Nigeria’s government says inflation has cooled sharply, a supermarket receipt...
Policy

Tinubu refuses to suspend “altered” tax law despite uncertainty over final text

Plu Team -
President Bola Tinubu has rejected calls to suspend the implementation of Nigeria’s new tax...
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