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Wednesday, 04 November, 2026

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Category: Business

In-depth analysis of financial markets, trade policies, local enterprise, economic trends, and industrial growth in Nigeria


Nigerian journalists gather at QNET’s “Beyond the Headlines” webinar to reflect on global VCON insights, clear common direct-selling misconceptions, and highlight 28 years of corporate integrity and wellness innovation.


The International Monetary Fund (IMF) has strongly cautioned the Federal Government of Nigeria against reintroducing broad-based petrol subsidies, describing blanket price controls as regressive, expensive, and detrimental to fiscal stability. ​Instead, the global lender recommended expanding direct social safety nets Read more…


The International Monetary Fund (IMF) has warned that persistent inflation and soaring costs of staple foods and energy threaten to deepen household poverty and food insecurity across Nigeria, despite recent improvements in the nation’s macroeconomic balance and trade indicators. ​The Read more…


Nigeria is actively finalizing steps to transition into a full member of the Council of Palm Oil Producing Countries (CPOPC) as part of broader national strategic efforts to expand agricultural exports, deepen economic ties with South-East Asian partners, and revitalize Read more…


President Bola Ahmed Tinubu has revealed that the Federal Government relinquished over N3.3 trillion in fuel taxes and import duties as part of interventions designed to cushion the economic impact of fuel subsidy removal on citizens. In a statement shared Read more…


Fresh fiscal analysis indicates a worsening debt strain on the nation’s economy, as debt interest obligations significantly outpaced federal revenues during the first half of the year. Data released by global economic monitors reveals that the Federal Government directed N7.7 Read more…


President Bola Tinubu has stated that the latest economic assessment by the World Bank serves as clear validation that his administration’s tough macroeconomic adjustments are steering the country toward long-term financial stability. Reacting to the findings in the newly released Read more…


The World Bank has revealed that Nigeria’s 36 state governments recorded a massive 93% surge in real revenues between 2023 and 2025. However, despite the substantial cash inflow, the proportion of public expenditure allocated to the education sector experienced a Read more…


The Nigerian naira emerged as one of the more resilient African currencies during the second quarter of 2026, despite a broader wave of exchange rate pressure triggered by geopolitical tensions and elevated global energy costs, according to the World Bank. Read more…


The Nigerian Federal Government has unveiled a temporary price reduction for premium motor spirit (PMS) dispensed through retail outlets of the Nigerian National Petroleum Company Limited (NNPC). The month-long relief initiative gives commercial transport providers first preference in purchasing the Read more…