Nigeria could enter 2026 on its strongest economic footing in more than a decade, according to leading economist, Bismarck Rewane. He said a combination of easing inflation, rising investment, major corporate listings and stabilising monetary conditions will propel the country into a new and more durable cycle of growth. Presenting his projections at the Parthian…
Nigeria is losing huge foreign exchange (FX) cash in the global pineapple market because of the country’s dependence on raw export of the produce as the only revenue source, according to a farmers’ group that specializes in pineapple growing, processing and marketing. Currently, the global market value of the pineapple market is estimated at approximately…
The Court of Appeal in Abuja, on Thursday, affirmed a judgment barring the Directorate of Road Traffic Services and Vehicle Inspection Officers from stopping motorists, confiscating vehicles, or imposing fines on road users. In a unanimous decision, a three-member panel held that there was no basis to overturn the Federal High Court’s ruling of October…
The National Bureau of Statistics (NBS) said Nigeria’s Gross Domestic Product (GDP) grew by 3.98 per cent (year-on-year) in real terms in the third quarter (Q3) of 2025. The report also said the growth rate is higher than the 3.86 per cent recorded in the third quarter of 2024. NBS said in nominal terms, the…
Nigeria’s state oil company NNPC Ltd said on Monday it recorded a net profit of 5.4 trillion naira ($3.6 billion) in 2024, up 64% from a year earlier. “The earnings highlight the positive momentum of our ongoing transformation and the unwavering commitment of our workforce,” Group Chief Executive Bashir Bayo Ojulari told analysts. Ojulari said…
MTN Nigeria has unveiled its much-anticipated Festive campaign, YelloTide, a nationwide celebration aimed at spreading joy, kindness, and connection across the country. This is coming after days of online conversations and speculation. The campaign officially kicks off this week, following a three-day teaser that had Nigerians across social media guessing what MTN had up its…
The Minister of Marine and Blue Economy, Adegboyega Oyetola, has been elected Chairman of the Conference of Ministers of the Fisheries Committee for the West Central Gulf of Guinea (FCWC). Upon his election, Oyetola pledged to deepen regional collaboration to combat illegal, unreported, and unregulated (IUU) fishing across West Africa’s maritime corridor, describing the practice…
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has stated that the proposed implementation of the 15 per cent of valorem import duty on imported petroleum products (petrol and diesel) is no longer going to be implemented. The regulator advised members of the public to eschew panic-buying as the nation had enough petrol in…
The Federal Government officially launched the Nigeria Talent Accelerator Network, a game-changing initiative aimed at strengthening the nation’s workforce capabilities, addressing critical productivity gaps, accelerating digital transformation, and preparing Nigeria’s workforce for the future of work. The initiative is part of the World Economic Forum’s Reskilling Revolution in Nigeria, co-chaired by the Federal Ministry of…
