Economic policy, fiscal analysis, and development reporting.
The Dangote Refinery has announced a reduction in aviation fuel (Jet A1) price from ₦1,750 to ₦1,650 per litre, offering some relief to airlines and stakeholders in the aviation sector.
The Nigeria Revenue Service, in collaboration with the Joint Revenue Board, has announced the implementation of a unified Taxpayer Identification (Tax ID) system aimed at strengthening tax administration, improving transparency, and simplifying tax processes across Nigeria.
Nigerians across several states have continued to express concern over the rising cost of food items and essential commodities as inflation and transportation costs place increasing pressure on households and small businesses.
Global crude oil prices recorded mixed movements on Friday, May 15, 2026, as traders reacted to ongoing supply adjustments by major producers alongside uncertainty over global demand growth and economic outlook.
The Central Bank of Nigeria has introduced fresh measures aimed at stabilising the naira and improving foreign exchange liquidity, as authorities move to curb volatility and restore confidence in the financial market.
President Bola Ahmed Tinubu has stated that Nigeria is on course to attract nearly $20 billion in foreign direct investments in 2026, as the Federal Government intensifies economic reforms aimed at boosting industrial growth and investor confidence.
Fresh concerns have emerged in Enugu State following growing complaints by landlords and residents over alleged excessive rent-related tax assessments, with many warning that the rising financial burden could worsen the housing crisis and increase hardship for tenants.
Nigeria’s oil production has shown slight improvement, moving closer to its OPEC quota, though challenges in the sector still persist.
Industry experts have advised Nigeria to rely more on private sector funding to bridge its widening infrastructure gap and accelerate national development.
The Nigerian currency experienced uneven trading patterns against the US dollar amid ongoing supply constraints and market adjustments.
Nigeria and Rwanda have pledged to expand their bilateral relations, focusing on trade, investment, and stronger diplomatic collaboration following a high-level meeting between both presidents.
In a time when nations are seeking sustainable pathways to economic growth and food security, cassava stands as a symbol of resilience, innovation, and untapped potential for Nigeria. Through the deliberate application of science, technology, and forward-thinking policies, agriculture is gradually being transformed from subsistence farming into a competitive sector capable of connecting local producers to global markets.
