Data from the downstream regulator of the oil sector has revealed that marketers have resumed large-scale importation of refined petroleum products, choosing not to patronise local refineries.

US Hits Nigeria with 15% Import Tariff in Revised Trade Policy Nigeria and a raft of African countries have been hit with a 15 percent import tariff following a sweeping executive order from United States President Donald Trump. The White House announced the modified reciprocal tariff...

The Federal Executive Council (FEC) on Thursday approved ₦145 billion for electrification projects in eight federal universities and one teaching hospital.

Beyond Rebasing, The Nigerian Economy Has Changed By ‘Tope Fasua Well, the world economy has changed in a remarkable manner. The advent of COVID-19 marked a radical shift to the dominance of the digital economy especially. In that era, the uber-rich grew even indeterminably richer, while...

From Farm to Foreign: Nigeria's Economic Missteps By Shamsudeen Ibrahim When former President Muhammadu Buhari and his late Chief of Staff, Abba Kyari, championed the mantra "We must eat what we produce," critics dismissed them as out of touch. The administration enforced border controls, restricted food...

At a time we all advocate for a cut in governance costs, what would creating new states mean for the economy?