Business & Economy

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...
Business & Economy

Naira rebounds to three-week best days before Christmas

Plu Team -
The naira strengthened to N1,449.9 per dollar on Tuesday, its best level since December...
Business & Economy

Tinubu plans ₦58tn spending in 2026, but will borrow ₦23.9tn to fund it

Plu Team -
President Bola Tinubu on Friday presented a ₦58.18 trillion federal budget for 2026, telling...
Business & Economy

Tinubu’s tax laws ‘doctored’ after NASS approval, lawmaker says in explosive claim

Plu Team -
Nigeria’s already contentious tax reform programme has taken a dramatic turn after a federal...
Business & Economy

Nigeria records ₦30tn revenue shortfall, collects just 25% of target

Plu Team -
The federal government will fall short of its 2025 revenue target by about ₦30...
Business & Economy

Oil falls below $60, raising revenue risks for Nigeria’s 2026 budget

Plu Team -
Global oil prices slid below $60 a barrel on Tuesday, hitting their lowest level...
Business & Economy

Nigerian govt to take record debt to fund 2026 budget

Plu Team -
The federal government is planning to use an unprecedented amount of borrowing to fund...
Business & Economy

AfDB aims to attract $1.5 billion private sector investments in Nigeria

Eric Ojo -
The $200 million grant for the Special Agro-Industrial Processing Zones Programme in Nigeria, which...
#PriceTracker

Nigeria’s “Jollof Index” falls for the first time in seven years

Plu Team -
Jollof Index, a measure of how much it costs to cook a pot of...
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