The naira, inflation, tax, trade, the exchange, and the companies the numbers move.
104 items · page 3 of 3 · newest 4 Oct 2026
The European Union (EU) is developing new projects and funding opportunities to support cultural events, artists and creative collaborations across Nigeria and Africa. The post EU plans new funding, projects to support artists across Nigeria, Africa appeared first on Nairametrics .
Meanwhile, Nigeria’s headline inflation eased marginally to 15.39 per cent in August 2026 from 15.43 per cent in July, according to the National Bureau of Statistics (NBS), while month-on-month inflation fell more sharply to 0.71 per cent from 1.57 per cent. The post Nigeria’s business activity expands as household confidence weakens – CBN appeared first on Premium Times Nigeria .
The ECOWAS Bank for Investment and Development has approved $390m in financing for energy, mining, transport and climate-smart agriculture projects in Ghana, Nigeria, Senegal and Togo.
The Nigeria Customs Service, NCS has announced the deployment of a Simplified Baggage Import Declaration System at the Seme Area Command. This marks a new phase in its drive for digital innovation, trade facilitation, and improved passenger clearance processes. The initiative is designed to streamline baggage declaration, reduce clearance time, and enhance transparency for legitimate […] The post Trade facilitation: Customs unveils digital baggage import declaration appeared first on Vanguard News .
The Free Zone Command of the Nigeria Customs Service generated a record N557.02 billion in revenue between January and August 2026, underscoring the growing economic significance of the Free Zone corridor and the Command’s contribution to revenue mobilisation. Speaking at the handover ceremony held at the Zone yesterday, the retiring Area Controller of Customs, Hauwa […] The post Free Zone Customs generates N557bn appeared first on Vanguard News .
By Yinka Kolawole As Nigeria marks its 66th independence anniversary, Nigeria’s organised private sector (OPS) has challenged the Federal Government to turn recent macroeconomic gains into measurable improvements in productivity, business competitiveness, jobs, household purchasing power, warning that stabilisation will have limited impact unless it lowers the cost of producing and living in Nigeria. In […] The post Nigeria @66: OPS demands productivity gains from reforms appeared first on Vanguard News .
Following the transaction, Heirs Energies Limited now holds 27,943,867 shares in the energy company, representing 4.67 per cent, while the entities controlled by Mr Elumelu (Heirs Energies Limited and Heirs Holdings Limited) now hold a combined 126,400,000 shares. The post Elumelu’s Heirs Energies acquires 6 million Seplat Energy shares in £53.2m deal appeared first on Premium Times Nigeria .
Africa is spearheading two derisking initiatives: one proving creditworthiness to the global financial system and one reducing exposure to it.
According to the president, the oil and non-oil sectors contributed to the growth, with improved foreign exchange stability, lower inflation, and stronger non-oil exports. The post Nigeria’s economy grows over 4% in 2026 – Tinubu appeared first on Premium Times Nigeria .
By Godwin Oritse The Western Ports Police Command has intervened in the brewing dispute between the Committee of Maritime Transport Unions and Associations (COMTUA) and the Lagos State Trucks and Cargo Operators Committee (LASTCOC) over the proposed sale of Lagos State revenue tickets along the Apapa and Tin Can Island port corridors. The intervention followed […] The post Police declare port corridor ticketing, revenue collection illegal appeared first on Vanguard News .
Analyst warns of inflationary risks, urges productive deployment By Peter Egwuatu Nigeria’s broad money supply, M3, more than doubled in three years to August 2026, rising by 110.6 per cent to N139.4 trillion, from N66.2 trillion in the corresponding period of 2023, amid sustained expansion in liquidity in the economy. M3 is the broadest measure […] The post Money supply rises 111% to N139trn appeared first on Vanguard News .
By Providence Ayanfeoluwa & Glory Bassey Stakeholders have said that Nigeria could lose as much as 30 percent of its Gross Domestic Product, GDP, by 2050 without an adequate climate action. This position comes at the backdrop of the Climate Policy Initiative (CPI) estimates of a substantial gap which shows that Nigeria mobilised approximately $2.5 […] The post Climate finance: Nigeria could lose 30% GDP by 2050 appeared first on Vanguard News .
“The people who really didn't want Aliko to succeed in cement production is a French company called Lafarge, and they put every obstacle on Aliko's way, just as they are still doing to us today,” Mr Obasanjo said. The post How Lafarge tried to ‘frustrate’ Dangote’s cement expansion in Africa – Obasanjo appeared first on Premium Times Nigeria .
IFC is a member of the World Bank Group and the world's largest global development institution focused on the private sector in emerging markets. The post InfraCredit secures IFC’s $50 million subordinated debt for local-currency infrastructure finance appeared first on Premium Times Nigeria .
Can Africa build a mutually beneficial relationship with the US that reshapes decades of transactional security relationships?
According to him, his grandson, an electrical engineer, wants to gain ample experience in notable multinational professional services consultancies before pitching his tent with the Dangote Group. The post Why my grandson doesn’t want to work with me yet – Dangote appeared first on Premium Times Nigeria .
The renovation of Abidjan's Félix Houphouët-Boigny Stadium for the 2023 AFCON has created more than a world-class sporting venue. Backed by Afreximbank, the project shows how creative infrastructure can become a year-round commercial asset, generating jobs, supporting tourism and giving Côte d'Ivoire's sports and entertainment industries a platform to grow.
Twenty years after launching its economic cooperation framework with Africa, South Korea is looking to deepen its footprint on the continent. This time, the conversation is increasingly about investment, technology and business.
By Elizabeth Adegbesan Nigeria’s net foreign exchange (forex) inflow rose by 36.5 percent year-on-year (YoY) to $33.76 billion in the first five months of 2026 (5M’26), from $24.72 billion in the corresponding period of 2025 (5M’25). The increase came amid ongoing efforts by the Central Bank of Nigeria (CBN) to deepen the foreign exchange market, […] The post Forex inflow rises 36.5% to $33.76bn in five months appeared first on Vanguard News .
By EmekaAnaeto, Babajide Komolafe & Emma Ujah The Central Bank of Nigeria (CBN) has revealed that the nation’s Net External Reserve had plunged to a mere $859 million as of the second quarter of 2023, a clear negative position unprecedented in the history of the bank, and also less than a month imports bill. The […] The post We inherited net external reserve at $859m — CBN appeared first on Vanguard News .
Nigeria’s foremost payment infrastructureprovider, the Nigeria Inter-Bank Settlement System (NIBSS) PLC, has announced that its National Payment Stack (NPS) surpassed 100 million successful transactions lastFriday, marking a major milestone in Nigeria’s paymentsmodernisation journey. Built on full compliance with the ISO 20022 global messaging standard, the NPSprovides a unified, future-ready foundation for seamless, data-rich and securepayments. […] The post NIBSS National Payment Stack hits 100m transactions, deepens financial inclusion appeared first on Vanguard News .
By Peter Egwuatu Guaranty Trust Holding Company Plc , GTCO has recorded Group profit before tax, PBT of N603.03 billion, in the first half 2026,H1’26, driven by strong performance on the interest and trading income lines, which grew Year on Year, YoY by 7.5% and 24.7%, respectively. The strong earnings recorded were moderated by a […] The post GTCO records N603bn profit, proposes N1 dividend appeared first on Vanguard News .
Nigerian Economic Summit to chart the next phase of Nigeria's economic transformation.
With nutrition and healthy diets top of mind for many across Africa, sugar reduction is often a particular public health priority. Iddah Asin, International Council of Beverages Associations (ICBA) Africa Executive Director, shares her perspectives.
Africa has spent decades talking about economic integration which is why the African Continental Free Trade Area (AfCFTA) offers perhaps the most consequential opportunity to turn that aspiration into an economic reality. But signing a trade agreement is not the same thing as creating a functioning continental market.
A Cairo hub is at the heart of an ambitious plan to unleash the potential of Egypt's tech entrepreneurs and crowd in international capital.
SAMCO's international operations account for around 15% of the construction firm's activities, a proportion expected to grow rapidly as it targets African markets.
Egypt will measure success not just by how high the buildings are or how massive the projects look, but by the number of families who can confidently say 'Life is good here. Our children have hope for the future,' says President of the Arab Republic of Egypt, Abdel Fattah el-Sisi.
An ambitious city that intends to "define the Egyptian dream" is preparing to welcome politicians and business leaders from across Africa.
A handful of pioneering projects has evolved into a multi-billion-dollar power generation industry - the next priority is likely to be transmission.
The government believes that infrastructure investments, regulatory reform and financial liberalisation will usher in a new age of economic dynamism, writes Tom Collins.
Egypt is entering a new phase of economic development, with the state seeking to turn the infrastructure built over the past decade into a platform for private investment, industrial growth and greater integration with global value chains.
