Saturday, November 14, 2026

Economy

October 12, 2026

Abuja motorists decry continued hike in petrol prices

The motorists said petrol prices had continued to rise despite the federal government’s assurance to cushion the impact on consumers.

Fuel station in Abuja
October 12, 2026

Send App by Flutterwave named headline sponsor of EbonyLife Place London launch, becomes exclusive payments partner

Send App, Flutterwave’s remittance product, will bring a complementary diaspora focus to the collaboration.

October 12, 2026

Customs reforms will boost support for Tinubu’s second term, says group

A group says the reforms implemented by the Nigeria Customs Service under Bashir Adeniyi will boost support for President Bola Tinubu’s second-term bid.

Bashir Adeniyi
October 12, 2026

IMF boss says AI to affect 40% of global jobs, urges policy reforms

IMF chief Kristalina Georgieva says AI could affect about 40 per cent of jobs globally and urges governments to prepare workers for a changing labour market.

IMF Managing Director Kristalina Georgieva
October 12, 2026

World Bank shifts focus to job creation, productivity through AI, says Banga

The World Bank Group is prioritising job creation and productivity, using AI to expand economic opportunities in developing countries.

Ajay Banga
October 12, 2026

World Bank mobilising $6 billion for Nigeria targeting agriculture, MSMEs, 850,000 jobs

AGROW is expected to mobilize approximately $220 million from agribusiness firms and a further $22 million from certified seed producers.

Lagos City Sunset. Photo: Daniel Amao, World Bank
October 11, 2026

OPay files for U.S. IPO, plans secondary listing on Nigerian Exchange

Opay sought to file an initial public offering on the NYSE, and its success will determine whether a secondary listing will proceed on NGX.

OPAY
October 11, 2026

Nigeria needs $7.1 billion investment for sugar self-sufficiency, says council

Mr Bakrin said the investment would support existing sugar estates.

Sugar
October 11, 2026

NSDC targets over two million tonnes of sugar production through 13 projects

The projects comprised three existing operators and 10 proposed new sugar estates across eight states.

National Sugar Development Council
October 10, 2026

Fitch revises Nigeria’s economic outlook to positive, affirms ‘B’ rating

Mr Oyedele said Fitch attributed the improved outlook to greater naira flexibility, among others.

Fitch Ratings