Economy

Economic analysis, market trends, and financial news.

The Money Is Flowing Back Into African Tech. Women Are Being Left Behind.
The Money Is Flowing Back Into African Tech. Women Are Being...

In Q1 2026, African startups with at least one woman founder raised just $49 mil...

Sep 16
Nigeria’s GDP Growth Accelerates to 4.43% in Q2
Nigeria’s GDP Growth Accelerates to 4.43% in Q2

igeria’s real GDP grew by 4.43% year-on-year in Q2 2026, reaching N53.47tn, acco...

Sep 01
Nigeria Secures Global Market Reclassification as FTSE Russell Restores Frontier Status
Nigeria Secures Global Market Reclassification as FTSE Russe...

Nigeria’s capital market will return to the global FTSE Russell Frontier Market...

Aug 29
Nigeria Credit Activity Rises to 9,611 in Q1 2026
Nigeria Credit Activity Rises to 9,611 in Q1 2026

Nigeria’s registered debtors reached an average of 9,611 in Q1 2026—a 52.2% year...

Aug 29
FG to Harness 21 Sokoto-Badagry Dams to Drive Power Grid Expansion
FG to Harness 21 Sokoto-Badagry Dams to Drive Power Grid Exp...

The Federal Government of Nigeria is developing a small-scale hydro policy to co...

Aug 29
Nigeria Targets 8,000MW Power Supply by 2027 to Drive Economic Growth
Nigeria Targets 8,000MW Power Supply by 2027 to Drive Econom...

Nigeria’s Federal Government aims to reach 8,000MW in electricity generation and...

Aug 27
Nigerian Stocks Drop ₦1.17 Tn Despite Surging Trade Volumes
Nigerian Stocks Drop ₦1.17 Tn Despite Surging Trade Volumes

The domestic equities market closed Tuesday on a bearish note, as price deprecia...

Aug 12
Why Nigeria’s State Debt Stocks Kept Rising in Q1 2026
Why Nigeria’s State Debt Stocks Kept Rising in Q1 2026

In Q1 2026, seven Nigerian states and the FCT expanded domestic debt by ₦355.18b...

Aug 11
Nigeria’s Tax Collections Surge 113% to ₦27.1 Trillion Following Reforms
Nigeria’s Tax Collections Surge 113% to ₦27.1 Trillion Follo...

Nigeria’s tax collections surged 113% from ₦12.3tn in 2023 to ₦27.1tn as of July...

Aug 10
Nigeria’s Foreign Reserves Reach 17-Year High Above $52.5bn as CBN Reforms Take Effect
Nigeria’s Foreign Reserves Reach 17-Year High Above $52.5bn...

Nigeria’s foreign exchange market is stabilizing as Central Bank reforms take ef...

Aug 05
Nigerian Stock Market Opens August Up 0.18% with N289bn Gain
Nigerian Stock Market Opens August Up 0.18% with N289bn Gain

The Nigerian stock market opened August 2026 on a bullish note, adding N289bn to...

Aug 04
NEC Approves $4.5bn Deal to Refinance Project Gazelle Oil Loan
NEC Approves $4.5bn Deal to Refinance Project Gazelle Oil Lo...

Nigeria’s National Economic Council approved a $4.5bn facility; Project Gazelle...

Aug 04