Tinubu Hails 4.43% GDP Growth, Says Nigeria’s Economy on Path to Stronger Performance
By Nafiu Muhammad Lema President Bola Ahmed Tinubu has welcomed the latest Gross Domestic Product (GDP) figures released by the
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Breaking:
- Shettima Reaffirms Nigeria’s Commitment to WTO, Multilateral Trade System
- Tinubu Mourns Former Gongola Governor Bamanga Tukur at 90
- Atiku: Subsidy Return Will Reduce Fuel, Transport Costs
- Sultan Declares Sunday as First Day of Rabi’u Assani 1448AH
- Atiku: Dangote Warning Vindicates Our Domestic Fuel Subsidy Proposal
September 13, 2026
September 13, 2026
Business
Nigerian economy, market trends, and corporate news.
Wage Adjustments Cost FG N9.39trn From Subsidy Savings in Two Years — Oyedele
Nafiu Muhammad Lema The Federal Government spent N9.39 trillion on wage adjustments, minimum wage increases and allowances for public servants
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Reforms Push FAAC Allocations Above N2trn Monthly — Oyedele
Nigeria’s economic reforms have driven monthly allocations from the Federation Account to state and local governments above N2 trillion, up
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Tinubu Approves Framework to Unlock $50bn Deep Offshore Investment
By Nafiu Muhammad Lema President Bola Ahmed Tinubu has approved a new investment framework aimed at unlocking up to $50
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More Nigerians Would Have Fallen Into Poverty Without Tinubu’s Reforms — NRS Chairman
The Chairman of the Nigeria Revenue Service (NRS), Zacch Adedeji, has said more Nigerians would have been pushed into poverty
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Tinubu Hails Economic Team as NGX Market Value Soars from ₦30tn to ₦160tn
President Bola Ahmed Tinubu has commended his economic management team and the Nigerian Exchange Group (NGX) for their roles in
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Inflation Remains Above 30% in 19 States, FCT Despite Slight National Decline
By Nafiu Muhammad Lema Nigeria’s headline inflation rate eased marginally to 15.91 per cent in June 2026, down from 15.93
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Tinubu Signs Executive Order on Virtual Assets
President Bola Ahmed Tinubu has signed a new Executive Order establishing a coordinated framework for the regulation of virtual assets
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FAAC: Federal, state, local govts share N2.550trn for June
The Federation Account Allocation Committee, FAAC, has shared N2.550 trillion among the Federal Government, States and the Local Government Councils
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Tinubu: Nigeria’s Economy Making Steady Progress Despite Reform Challenges
President Bola Tinubu has said Nigeria is recording significant economic progress despite the short-term hardships associated with his administration’s reform
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FG Inaugurates Ministerial Advisory Committee to Drive Economic Reforms
The Federal Government has inaugurated a Ministerial Advisory Committee (MAC) to provide strategic guidance aimed at deepening Nigeria’s economic reforms
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Sokoto’s Caliphate Air Welcomes First Two Aircraft Ahead of Launch
By Fahad Faruk Galadanchi The newly purchased commercial airplane owned by the Sokoto State Government has arrived the Sultan Abubakar
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FG Denies Spending ₦8tn Outside Budget, Says IMF Report Misinterpreted
By Nafiu Muhammad Lema The Federal Government has dismissed claims that it spent more than ₦8 trillion outside the 2026
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CBN Revokes Licences of 46 Microfinance Banks Over Regulatory Breaches
By Nafiu Muhammad Lema The Central Bank of Nigeria (CBN) has withdrawn the operating licences of 46 microfinance banks across
Read MoreNo Return to Fuel Subsidy as Tinubu, Oyedele Defend Reforms Amid Rising Hardship
Nigeria’s Presidency has ruled out any return to fuel subsidy, as top government officials defend ongoing economic reforms despite mounting
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BUA Cement in Sokoto and Edo Set to Hit 20m Tons Capacity
Fahad Faruk Galadanchi CBMI is currently constructing two major cement lines for BUA in Edo and Sokoto Billionaire businessman and
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Reps Intervene as Shipping Tariff Talks End in Deadlock
Fresh efforts to resolve the dispute over proposed shipping tariff increases have ended without agreement, as shipping companies and licensed
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FG Rejects Claims of Hidden Spending, Revenue Diversion
The Federal Ministry of Finance has dismissed recent allegations suggesting that large portions of Nigeria’s federation revenue are being secretly
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Abdul Samad Rabiu Pushes BUA Cement Toward 20Mtpa with New Sokoto and Edo Plants
Abdul Samad Rabiu is accelerating the expansion of BUA Cement Plc with new projects in Edo State and Sokoto State,
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EU Launches €75 Million “EURO-3C” Cloud Infrastructure
The European Union has taken a massive step toward “digital sovereignty” with the official launch of the EURO-3C project. Backed
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NRS Sets Ambitious ₦40.7 Trillion Revenue Target for 2026
The Nigeria Revenue Service (NRS) has laid down a massive gauntlet for the 2026 fiscal year, announcing a record-breaking revenue
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Verve Unveils Next-Gen Tokenization to Combat Payment Fraud
In the bustling tech hub of Lagos, the “Verve Biz Unwind” forum became the stage for a significant breakthrough in
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Banking Recapitalization: 20 Banks Hit Target Ahead of Deadline
The Nigerian banking sector is on the cusp of a new era. The Central Bank of Nigeria (CBN) confirmed today
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