Category: Economy
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Dangote Group urges Nigeria to boost production, cut imports
Dangote Group has urged Nigeria to strengthen domestic production, reduce import dependence and expand exports to build economic resilience and competitiveness.
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Pension fund assets rise to N31.8trn in August- PenCom
Pension fund assets under the Contributory Pension Scheme (CPS) rose to N31.80 trillion as of Aug. 31.
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FCT oil marketers begin to pump price reduction by N20
Some oil marketers in the Federal Capital Territory (FCT) have begun to reduce the pump price of Premium Motor Spirit (PMS), popularly known as petrol, by between N20 and N25 per litre.
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AfDB, partners equip African public servants with free AI skills
The African Development Bank (AfDB), UNDP AI Hub for Sustainable Development, Google and Apolitical have inaugurated free AI training for African public servants.
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Economist proposes increased fuel supply to cushion effect of high prices
Dr Nathaniel Oladunjoye, an economist, has urged the Federal Government to increase fuel supply to cushion Nigerians from rising petrol prices.
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Trade surplus: positive signal boost for Nigeria’s economy –experts
Financial experts say the trade surplus recorded by Nigeria in the second quarter of 2026 is a positive signal that can boost the country’s economy.
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Equities gain N1.18trn as 34 stocks advance
Nigeria’s equities market extended its positive run on Thursday, with investors’ wealth rising by N1.178 trillion amid sustained buying interest in large and mid-cap stocks.
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China summit:RMAFC seeks investment boost for Nigeria’s oil sector
By Vivian Emoni Abuja The Revenue Monilisation Allocation and Fiscal Commission (RMAFC) says its proposed oil and gas investment summit in China will showcase Nigeria’s investment opportunities and promote partnerships to boost revenue and economic growth. The Chairman of RMAFC, Dr Mohammed Shehu, disclosed this at a Stakeholders’ Breakfast Meeting with…
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Dangote Refinery IPO preparations trigger N1.88trn loss in equities market
The Nigerian equities market on Tuesday halted its three-day bullish rally as investors lost N1.879 trillion, following increased sell-offs ahead of the Dangote Petroleum Refinery IPO.
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Open space unveils ethical finance products to deepen financial inclusion
Open Space, a financial technology company, has unveiled new Ethical Finance products aimed at promoting inclusion, transparency and shared prosperity.