Economy

Economic analysis, market trends, and financial news.

Nigerian Stocks Drop ₦1.17 Tn Despite Surging Trade Volumes
Nigerian Stocks Drop ₦1.17 Tn Despite Surging Trade Volumes

The domestic equities market closed Tuesday on a bearish note, as price deprecia...

Aug 12
Why Nigeria’s State Debt Stocks Kept Rising in Q1 2026
Why Nigeria’s State Debt Stocks Kept Rising in Q1 2026

In Q1 2026, seven Nigerian states and the FCT expanded domestic debt by ₦355.18b...

Aug 11
Nigeria’s Tax Collections Surge 113% to ₦27.1 Trillion Following Reforms
Nigeria’s Tax Collections Surge 113% to ₦27.1 Trillion Follo...

Nigeria’s tax collections surged 113% from ₦12.3tn in 2023 to ₦27.1tn as of July...

Aug 10
Nigeria’s Foreign Reserves Reach 17-Year High Above $52.5bn as CBN Reforms Take Effect
Nigeria’s Foreign Reserves Reach 17-Year High Above $52.5bn...

Nigeria’s foreign exchange market is stabilizing as Central Bank reforms take ef...

Aug 05
Nigerian Stock Market Opens August Up 0.18% with N289bn Gain
Nigerian Stock Market Opens August Up 0.18% with N289bn Gain

The Nigerian stock market opened August 2026 on a bullish note, adding N289bn to...

Aug 04
NEC Approves $4.5bn Deal to Refinance Project Gazelle Oil Loan
NEC Approves $4.5bn Deal to Refinance Project Gazelle Oil Lo...

Nigeria’s National Economic Council approved a $4.5bn facility; Project Gazelle...

Aug 04
Reforms Must Yield Real Jobs and Tangible Dividends, Okonjo-Iweala Tells CBN
Reforms Must Yield Real Jobs and Tangible Dividends, Okonjo-...

At the 7th Africa Emerging Markets Forum, WTO DG Ngozi Okonjo-Iweala and CBN Gov...

Jul 30