Economy

Nigeria’s GDP grew by 3.38% in 2024 after rebasing

The National Bureau of Statistics (NBS) officially rebased Nigeria’s Gross Domestic Product (GDP), adopting 2019 as the new base year

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Chinese investors in Gombe to explore investment opportunities

By Citizenship Online The Gombe State Governor, Muhammadu Inuwa Yahaya, CON, has received a delegation of Chinese investors under the

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2026 Budget: Senate cuts oil price benchmark to $60 per barrel, retains other MTEF projections

  By Citizenship News The Senate on Tuesday revised downward the oil price benchmark for the proposed N54.46 trillion 2026

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Latest Economy News

Naira at ₦1373 per US Dollar, depreciates slightly in July 2026

  Citizenship News According to the Nigerian Foreign Exchange Market (NFEM), the Naira

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Dangote Refinery Critical to Nigeria’s $1 Trillion Economy Vision, Says FG

Citizenship News The Federal Government has described the Dangote Petroleum Refinery and

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Nigeria hits a 17-year economic milestone with $51 bln in its kitty

  Citizenship News Nigeria’s gross external reserves have climbed above 51 billion

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Customs launch trade facilitation to reduce cargo clearance delay 

From Victor Edozie, in Port Harcourt The Nigeria Customs Service (NCS) has

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VAT Collections Surge to ₦2.42 Trillion in Q1 2026

  Citizenship News  The Value Added Tax (VAT) collection for the first

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FAAC disburses ₦2.63 trillion in April 2026

  Citizenship News The Federation Account Allocation Committee (FAAC) has disbursed a

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NBS: Inflation hits 15.93% in May 2026

  Citizenship News The National Bureau of Statistics (NBS) has announced that

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NBS: Nigeria’s capital importation rises by 84% in Q1 2026 

  Citizenship News The National Bureau of Statistics' (NBS) Capital Importation report

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Nigeria’s new tax law prioritizes revenue against accountability– Experts observed

  From Femi Mustapha, in Kaduna The Nigeria's new tax law, presented

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