A Gustav Klimt painting sold for a record-breaking $236.4 million at Sotheby’s first auction in its new Breuer Building, making it the most expensive modern artwork ever auctioned.
Nigeria’s economic reforms have earned the country a rare “positive” outlook upgrade from S&P, signalling renewed investor confidence.
Taiwo Oyedele says the proposed 5% fuel surcharge will not begin until the naira strengthens or oil prices fall, to avoid worsening Nigerians’ financial hardship.
Quartus Economics has advised the Central Bank of Nigeria to issue higher-value naira notes to restore currency portability, reduce cash-handling costs, and reflect current economic realities.
Cooking gas prices have dropped significantly across Nigeria as supply improves, with retailers expressing optimism that the market will stabilise within a week.
IMF lists Benin Republic, Côte d’Ivoire, Ethiopia, Rwanda, and Uganda among the continent’s fastest-growing economies, citing fiscal reforms and strong policy frameworks.
The Federal Government has dismissed reports suggesting the scrapping of the UTME, affirming that JAMB remains the sole authority for tertiary admissions in Nigeria.
The International Monetary Fund has said that the recent depreciation of the Naira could help Nigeria’s economy adjust and strengthen its fiscal framework.
Every year, over $362 million worth of Nigeria’s food exports are rejected overseas because of pesticide residues, while back home, millions of people unknowingly consume chemicals that are already banned elsewhere.
Nigeria’s GDP grew 4.23% in Q2 2025, but labour unions and business leaders argue the figures fail to reflect worsening economic realities for citizens.