Cattle prices in Lagos State have surged sharply, with traders reporting that the cost of cows has now reached levels higher than some veh...

Nigeria’s monthly inflation rate jumped to the highest level in more than two decades , propelled by surging fuel prices stemming from the w...

Nigeria will cut import duties on a range of goods from July 1, in a move aimed at easing living costs and supporting businesses. Key tariff...

Poverty in Nigeria deepened sharply to 63 per cent in 2025, affecting an estimated 140 million people, even as inflation began to slow, high...

Efforts by the Nigerian government to boost non-oil exports appear to be paying off as new data from the Nigerian Export Promotion Counci...

Nigeria’s Foreign Minister Yusuf Tuggar outlined the country’s foreign policy priorities and efforts to deepen regional and global engage...

Nigeria is implementing significant personal income tax reforms aimed at correcting a system that has long placed a heavier burden on low...

Nigeria will use this year’s World Economic Forum in Davos to press its case as a stable, reforming economy at a time when global investors ...

Nigeria’s Special Economic Zones generated more than $500 million in export revenues and created over 20,000 direct jobs last year, underlin...

As Nigeria awaits to usher in 2026, the country faces tough economic realities. Despite positive growth indicators and reforms, high food...

Nigeria’s successful $2.35 billion Eurobond issuance helped renew investor confidence in its economic reforms and leadership. The governm...

Nigerian President Bola Tinubu declared on Wednesday that the “worst is over” following a series of painful economic reforms that have left ...

Nigeria collected $9.51 billion in tax revenue in the first half of 2025, a 43 percent increase from 2024, driven by non-oil taxes and ex...

The IMF warns that Nigeria’s 7.5 percent Value Added Tax rate could cost the country $300 million, or 0.5 percent of GDP, straining essen...

Nigeria’s GDP grew 3.13 percent year-on-year in Q1 2025, driven by sectors like housing, which has surpassed oil in GDP contribution. Bas...

At Magicland, a privately owned theme park in Nigeria's capital, Abuja, the country's recurrent crises -- from galloping inflation t...

President Bola Tinubu said the new law will create a fairer and more efficient tax system, simplify revenue collection, reduce the tax bu...

As Nigeria’s cost of living crisis stretches into its second year, pet owners are now among those feeling the economic squeeze. With food...

The World Bank has warned that Nigeria’s poverty levels are rising fast and will likely get worse in the coming years. A high cost of liv...

Nigeria’s economic managers are concerned over the continued drop in global oil prices, warning of potential impacts on the oil-dependent...