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Economy Archive
Macro trends, prices, rates, labour conditions, and trade signals that frame the economic story around Nigeria.
Featured
Nov 20, 2023 • By Economy Post
An Indian man named Pramod Mittal is walking off with Nigeria’s $496 million dispute windfall after a controversial agreement with former Attorney-General of the Federation, Mr Abubakar Malami, over Ajaokuta…
Featured
Nov 18, 2023 • By Odinaka Anudu
IMMEDIATE past Nigeria’s President, Mr Muhammadu Buhari, appropriated N32.63 billion ($107m) for the dormant Ajaokuta Steel Complex, approved…
Featured
Nov 14, 2023 • By Odinaka Anudu
LAGOS State recorded zero revenue from road taxes in 2022. The taxes, estimated at N123 billion, were however…
Featured
Nov 13, 2023 • By Odinaka Anudu
IN the last six years, more than 100 Nigerian factories have shut down operations due to a harsh…
Featured
Nov 10, 2023 • By Odinaka Anudu
THE Niger Delta Development Commission (NDDC) has mismanaged about N6.32 trillion received from the Federal Government between 2001…
Business
Nov 9, 2023 • By Economy Post
IN eight years of President Muhammadu Buhari administration, a government agency named the National Steel Raw Materials Exploration…
Featured
Oct 31, 2023 • By Economy Post
KENYA has opened a plant to assemble smartphones locally, but Nigerian authorities are asphyxiating their own manufacturers. Neon…
Featured
Oct 30, 2023 • By Economy Post
MR Tony Elumelu’s Heirs Holdings got loans totalling N41.823 billion from the United Bank for Africa (UBA) at…
Featured
Oct 27, 2023 • By Odinaka Anudu
POLARIS Bank has lost N26.005 billion worth of loans granted to 6 ex-directors mostly without collaterals. Economy Post…
Data
Oct 24, 2023 • By Odinaka Anudu
On Monday, October 23, 2026, Nigeria’s President, Mr Bola Tinubu, told a group of businesspeople during the Nigerian…
Featured
Oct 21, 2023 • By Economy Post
FIVE months after the inauguration of President Bola Ahmed Tinubu, Nigeria’s local currency, the naira, has lost 48…
Real Sector and Manufacturing
Oct 9, 2026
International Business