Two academics and a public relations practitioner have called for greater intellectual contribution to Nigeria’s development, as they formally join The Nigerian Economy Newspaper as regular contributors. The new columnists—Dr Felix Ijeh, Ewere Okonta and Blaise Udunze—are expected to strengthen the publication’s coverage of economic and social policy as it expands its digital media footprint. …
The Securities and Exchange Commission and the National Youth Service Corps have signed a Memorandum of Understanding to educate corps members on the dangers of fraudulent investment schemes and promote safe investment habits. The agreement was signed in Abuja by SEC Director-General Emomotimi Agama and NYSC Director-General Olakunle Oluseye Nafiu, according to a statement on …
The Centre for the Promotion of Private Enterprise (CPPE) has warned that rising petrol prices, driven by global oil shocks, could reverse Nigeria’s fragile progress in slowing inflation, calling for urgent government action to cushion the impact on households and businesses. In its February 2026 inflation brief issued by its Chief Executive Officer, Muda Yusuf, …
Nigerian businessman and philanthropist Tony Elumelu has announced a fresh round of 3,200 African entrepreneurs to receive funding under the Tony Elumelu Foundation (TEF) Entrepreneurship Programme, marking a major expansion of one of the continent’s largest private-sector-driven development initiatives. The announcement, made on Sunday, March 22, in his annual birthday message, coincides with the unveiling …
As the Dangote Group moves closer to listing its refinery on the Nigerian Exchange Limited (NGX), anticipation is building across Nigeria’s capital market, with investors weighing what many describe as a transformative opportunity, tempered by lingering concerns. Market sentiment is already heating up, with widespread retail and institutional interest. Many Nigerians alike believe the listing …
Emerging Nigerian artists take centre stage as the group exhibition Wake Up! opens Saturday, March 21, 2026, at Angels & Muse in Ikoyi. The exhibition will feature photography, digital art, and painting from eight artists, including Ade(To)Juwon Anthony Adeniyi, Franklyn Okoye, Charles Lasisi, Ajilore Kehinde, Chuka Onwordi, Joshua Bakare, Lohi Simone, and curator Awele Onwordi. …
President Bola Tinubu’s recent state visit to the United Kingdom delivered about $1.5 billion in deals and strengthened diplomatic ties, but fell short of translating into clear benefits for Nigerian businesses, according to the Alliance for Economic Research and Ethics LTDGTE. In a statement on Friday, 20 March, by its Chairman, Dele Oye, the organisation …
The recent appreciation of the naira is reshaping Nigeria’s economy, reducing costs for importers while cutting earnings for exporters, households receiving remittances, and government revenues. When President Bola Ahmed Tinubu took office in May 2023, the naira traded around ₦463/$ under a controlled system run by the Central Bank of Nigeria (CBN). In June 2023, …
Nigeria moved into a borrowing position in 2025 after a sharp drop in foreign investment inflows and rising payments to investors weakened its financial account. This was disclosed by the Central Bank of Nigeria (CBN) in its latest balance of payments report. The decline happened even as the country’s external reserves increased, pointing to pressure …
Global investors and development financiers have praised reforms in Nigeria’s financial sector, describing them as credible and confidence-boosting. They made the comments at the Africa Capital Forum held at The Peninsula London on the sidelines of President Bola Tinubu’s state visit to the United Kingdom (UK). Speaking at the high-level forum, the British Deputy High …
