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Economy Archive
Macro trends, prices, rates, labour conditions, and trade signals that frame the economic story around Nigeria.
Economy
Jul 18, 2026 • By Stella Odiche
NIGERIA has retained its position as a lower-middle income economy in the World Bank’s income classification for the 2027 fiscal year, according to the lender’s latest update. The classification places…
Economy
Jul 9, 2026 • By Stella Odiche
S&P DOW Jones Indices (S&P DJI) has added Nigeria to its 2027 country classification watchlist, signalling that the…
Economy
Jul 8, 2026 • By Yakubu Ibrahim
THE International Monetary Fund (IMF) has warned that higher prices of essential goods could deepen poverty and food…
Economy
Jun 30, 2026 • By Stella Odiche
THE World Bank-backed HOPE Governance Programme has approved $27 million in performance-based incentives for Nigerian states that successfully…
Economy
Jun 20, 2026 • By Yakubu Ibrahim
CHIEF Executive Officer of Landmark Africa Group, Mr Paul Onwuanibe, has urged African entrepreneurs to embrace collaboration, broaden…
Economy
Jun 19, 2026 • By Stella Odiche
NIGERIA’S foreign exchange reserves climbed to $51.03 billion on Thursday, marking the highest level recorded in more than…
Economy
Jun 19, 2026 • By Stella Odiche
THE Nigerian government has released implementation guidelines for the Tax Acts 2025, outlining how taxpayers and revenue authorities…
Economy
Jun 15, 2026 • By Stella Odiche
NIGERIA’S headline inflation rate rose to 15.93 percent in May 2026, marking the third consecutive monthly increase this…
Economy
Jun 13, 2026 • By Stella Odiche
NIGERIA generated N2.42 trillion in Value Added Tax (VAT) revenue during the first quarter (Q1) of 2026, representing…
Economy
Jun 10, 2026 • By Stella Odiche
THE International Monetary Fund (IMF) has raised concerns about Nigeria’s plan to secure as much as $5 billion…
Economy
Jun 8, 2026 • By Stella Odiche
NIGERIA recorded a sharp rise in its merchandise trade surplus in the first quarter (Q1) of 2026, as…
Real Sector and Manufacturing
Oct 9, 2026
International Business