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.
Olisa Agbakoba says overcentralization forces states to rely on printed banknotes, urging devolution of power from Abuja.
President Bola Tinubu has hailed Nigeria’s removal from the FATF grey list as a strategic win for the economy and a vote of confidence in the nation’s financial governance.
The Federal Government has initiated sweeping public finance reforms—including digital systems, institutional restructuring, and a unified revenue agency—to enhance transparency and revenue mobilisation ahead of a new tax regime beginning in January.
A 17-year-old boy in Bauchi State has been arrested for allegedly removing his sister’s eyes for a money ritual, with six others also detained in connection with the act.
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.