19+ hour, 53+ min ago  (479+ words) Oil prices spiked to just above $120 over the weekend as escalations of the Israel -US-Iran war intensified, with key energy installations targeted. As a result, major oil suppliers are due to meet shortly to open the tap of their strategic…...

2+ day, 2+ hour ago  (1088+ words) Five years ago, Osasumwen Famous started her gift-curation business as a hobby. Today, FusionDots is her primary source of income. She has steered the small venture through the highs and lows of Nigeria's ever-shifting economy " most recently grappling with the…...

2+ day, 7+ min ago  (474+ words) Lateef Fagbemi, the attorney-general of the federation and minister of justice, says resolving the dispute over oil prospecting licence (OPL) 245 will reposition Nigeria's economy and strengthen the country's fiscal muscle. According to a statement on Sunday by Bayo Onanuga, special…...

2+ week, 1+ day ago  (862+ words) As the nation navigates the third year of reforms, moving from stabilising towards sustained economic expansion, the linkage between policy intent and everyday realities still lags. The average employee in Lagos, a farmer in Kano, or a small business owner…...

2+ week, 9+ hour ago  (518+ words) The monetary policy committee (MPC) of the Central Bank of Nigeria (CBN) has reduced the monetary policy rate (MPR) from 27 percent to 26.5 percent. Olayemi Cardoso, CBN's governor, announced the rate adjustment at a news conference on Tuesday during the committee's…...

3+ week, 10+ hour ago  (435+ words) The National Bureau of Statistics (NBS) says Nigeria's headline inflation rate has dropped to 15.1 percent in January, down from the 15.15 percent recorded in December 2025. The NBS announced the increase in its consumer price index (CPI) on Monday. "The January 2026 Headline…...

1+ mon, 1+ day ago  (302+ words) President Bola Tinubu says his administration's economic reforms are beginning to deliver positive results, citing improved macroeconomic stability and increased federal allocations to states and local governments. Tinubu spoke while declaring open the two-day National Economic Council (NEC) conference held…...

1+ mon, 6+ day ago  (257+ words) Nigeria ranked as Africa's fourth-largest economy in 2025, but is projected to climb to third position in 2026, according to data from the International Monetary Fund (IMF). Data from the IMF's World Economic Outlook (October 2025 edition), accessed via the Fund's datamapper, showed…...

1+ mon, 6+ day ago  (395+ words) Nigeria has been ranked among the top 10 contributors to global economic growth in 2026, following projections by the International Monetary Fund (IMF) that the country's economy will grow two times faster than that of the United States (US). Based on IMF…...

1+ mon, 2+ week ago  (677+ words) One of the clearest signs of this mentality is the deliberate payment of salaries that cannot sustain workers through a full month. Employers are often fully aware that the wages they offer cannot ... The persistence of slave trade mentality in…...