Nigeria manufacturing GDP target set at 25% by 2035, as government launches Industrial Policy to drive economic growth and diversification
CBN FX reforms lift Nigeria’s reserves to $50.45bn and stabilise the naira, though analysts warn gains remain vulnerable to inflation and external shocks
Nigeria cooking gas price hike follows Middle East tensions, with local LPG prices rising sharply as global supply and shipping are disrupted
Reps back Green and Climate Finance Bank proposal, endorsing private plan to mobilise capital for renewable energy and climate projects
Nigeria VAT earnings rose to N1.08tn in January 2026 as the new sharing formula boosts allocations to states and local governments
Africa’s Business Heroes grants offer $1.5m to African entrepreneurs building solutions in agriculture, fintech, healthcare and technology
Oil Prices Soar Iran Conflict as US and Israel bombard Iran, Strait of Hormuz closes, and energy costs surge amid global market volatility
Trade sector credit Nigeria rises to N36.39tn in nine months of 2025 as businesses call for cheaper loans and increased infrastructure investment
Abia AfDB agro-industrial project gets $200m funding as Governor Otti commits co-financing and infrastructure for SAPZ Tranche 2
Nigeria US crude exports accounted for 52% of Africa’s oil shipments to the US in 2025 despite declining volumes, new trade data show