The Securities and Exchange Commission (SEC) says it has reduced the time it takes for companies to obtain approval for offers to two weeks. The commission said this in a statement on Monday in Abuja on Monday. It said approvals would be granted to companies within two weeks once the necessary documents were complete. SEC…

4Stone Capital is making moves to invest in The Gambia’s economy, with a focus on seizing the opportunities the country offers.

Chinese leader, Xi Jinping, met on Monday with executives from the country’s major tech companies amid domestic economic headaches and international trade conflicts, state media reported on Monday. Present at the meeting were Alibaba co-founder Jack Ma, Huawei boss Ren Zhengfei and the founder of the Chinese electric car giant BYD, Wang Chuanfu. Observers viewed…

President of the Pentecostal Fellowship of Nigeria (PFN), Bishop Wale Oke, has urged Nigerians not to lose hope in the country, assuring that there is hope for Nigeria. He stated that Nigeria's economy will rebound, the education sector will revive and infrastructural development will pick up. Briefing journalists after the closing of the 18th Biennial…

The 12th Vice-Chancellor, University of Lagos, (UniLag) Prof. Oluwatoyin Ogundipe, has called on Nigerian governments to fund education

The House of Representatives, on Wednesday, passed the Tax Reform Bills through a second reading after an intense three-hour debate, with lawmakers overwhelmingly supporting the proposed legislation despite some reservations. The bills, which include the Nigeria Tax Bill 2024, the Tax Administration Bill, the Nigeria Revenue Service Establishment Bill, and the Joint Revenue Board Establishment…

Oyo State Governor, ‘Seyi Makinde, on Friday, declared that for Nigeria to escape the poverty trap and become a prosperous country, its economy must be built to weather all storms. The governor added that the country must also raise entrepreneurs and improve the standard of education, stating that despite Nigeria’s natural resources, its people might…

Mr Bola Oyebamiji, Managing Director, National Inland Waterways Authority (NIWA), on Friday warned staff against indolence and any act of sabotage to the revenue drive of the authority. Oyebamiji gave the warning during the authority’s 2025 2-Day Management Retreat at NIWA headquarters in Lokoja. He said that the warning became necessary in view of the…

Experts and stakeholders in Nigeria have expressed optimism that the year 2025 will be better for the country in terms of economic growth and outlook. The stakeholders, who gathered at a breakfast meeting organized by the Franco-Nigeria Chamber of Commerce and Industry (FNCCI) in collaboration with United Bank for Africa, said the indices show a…

The National Bureau of Statistics (NBS) has explained that the plan to rebase the country’s gross domestic product (GDP) and the consumer price index (CPI) is not to satisfy any interest but to ensure that economic indicators accurately reflect the evolving structure of the country’s economy. The Statistician General of the Federation (SG), Prince Semiu…

The Federal Government has called for collaboration with the World Economic Forum (WEF) to foster economic development and growth in the country and on the African continent. Specifically, it sought partnerships with the global body on the African Atlantic Gas Pipeline (AAGP) to connect Nigeria to Morocco and other African countries, as well as the…

As inflation skyrockets and costs of living soar, individuals around the world—and particularly in Nigeria—are grappling with unprecedented financial stress. From trading in beloved SUVs for fuel-efficient cars to stretching salaries across multiple side hustles, people are devising new strategies for survival. In this cover story, CHIDIRIM NDECHE explores the roots of this economic crisis,…