Friday, November 13, 2026

Economy

November 3, 2026

MAN ​‌⁠​‍‍⁠⁠‍‌⁠​‍‍⁠‌‍‌​unveils programme to reduce manufacturers’ energy costs

Mr Tegbe reiterated the government’s commitment to collaborating with manufacturers to address their electricity challenges.

Manufacturers Association of Nigeria (MAN)
November 3, 2026

NNPC eyes IPO, plans to sell up to 10% stake to Nigerians

The NNPC chief also disclosed that some Chinese companies had signalled interest in acquiring stakes in the state-owned oil company.

NNPCL
November 3, 2026

Evaluation key to achieving $1 trillion economy by 2030: FG

Mr Bagudu described evaluation as a critical instrument for translating Nigeria’s development ambitions into tangible improvements in citizens’ lives.

Atiku Bagudu
November 3, 2026

World Bank warns states’ budgets exceed available funding, risking stalled projects, payment arrears

World Bank’s October Nigeria Development Update said many state budgets set spending targets beyond what governments can realistically finance and implement.

World Bank
November 3, 2026

Economists commend $55.24 billion reserves, seek export-led growth

Nigeria’s foreign reserves recorded a slight decline for two consecutive days, falling to $55.24 billion on October 29.

Stash of dollars and naira
November 3, 2026

Nigerians still facing poor public services, living conditions despite increased states’ revenues: BudgIT

BudgIT said higher budgeted spending does not automatically show that residents have better access to health, education, agriculture or water services.

BudgIT
November 3, 2026

130 million Nigerians getting poorer; Tinubu’s economic reforms favouring only rich: Atedo Peterside

Atedo Peterside censured President Bola Tinubu’s administration for reforms that favour the rich while making 130 million Nigerians poorer.

Atedo Peterside, Tinubu sleeping
November 3, 2026

Customs introduces new cargo examination rules to cut clearance delays in Edo, Delta

The command’s controller, Dominic Ortsen, disclosed this at the document’s launch at the command’s headquarters in Warri, Delta.

Cargoes on the sea
November 3, 2026

Continent’s financial leaders to meet at 2026 Africa Compliance Forum

Afreximbank said African banks operated under different legal systems and supervisory approaches, making regulatory cooperation crucial to reducing trade barriers.

Afreximbank building
November 3, 2026

Lagos gives ISPs deadline to clean up network cables

LASIMRA warned that enforcement operations would begin on Monday, urging all concerned firms to complete the required work before the deadline to avoid sanctions.

Unwieldy telecom cables on Lagos street