Monday, October 5, 2026

Economy

September 14, 2026

Nigeria’s tax ombudsman plans North-East regional office in Borno

Mr Nwabueze said establishing the zonal headquarters in Borno would enhance taxpayer support services across the North-East and help improve the tax-to-GDP ratio.

Governor Babagana Zulum and John Nwabueze
September 14, 2026

Navy uncovers 10,000 litres of diesel during warehouse raid in Rivers

The Nigerian Navy uncovered a warehouse containing approximately 10,000 litres of products suspected to be illegally refined diesel in Rivers.

Navy dismantles militants' hideout in Cross River’s coastal community
September 14, 2026

Poor infrastructure, multiple taxation cripple industries in Bauchi, Gombe, Jigawa: Stakeholders

Stakeholders in the economic sector have identified decaying infrastructure and multiple taxation as major obstacles to sustainable industrial growth in Bauchi, Gombe, and Jigawa.

Bauchi, Gombe, Jigawa governors
September 14, 2026

Nigeria, Australian university deepen mining capacity partnership 

Nigeria and Murdoch University have reaffirmed their commitment to deepening knowledge transfer and professional capacity building in Nigeria’s solid minerals sector.

September 14, 2026

NCAA, NAICOM strengthen aviation insurance oversight

The Nigeria Civil Aviation Authority (NCAA) and National Insurance Commission (NAICOM) have signed an MoU to strengthen aviation insurance regulation and oversight.

September 13, 2026

U.S. govt lauds Nigeria’s maritime reforms 

The U.S. government commended Nigeria for its maritime security reforms that led to the lifting of a 12-year restriction on Nigerian vessels.

Adegboyega Oyetola
September 13, 2026

Onion prices soar by 200% in Lagos

A bag of onions now sells for between N150,000 and N250,000, depending on size or variety, compared with N50,000 to N70,000 in May.

Onion
September 13, 2026

Nigeria’s $54.08 billion external reserves will stabilise naira, curb inflation: Economists

Data from the CBN showed reserves hit $54.084 billion on September 3, up $1.42 billion from $52.66 billion on August 19.

Central Bank of Nigeria Logo
September 13, 2026

BRICS pushes local currency trade to cut transaction costs

BRICS is a group of major emerging economies that cooperate on economic, political and development issues.

BRICS
September 13, 2026

NTDA, China partner to attract more Chinese tourists to Nigeria

Mr Awakan said the programme would help Nigeria develop tourism products.