Category: Economy

World Bank raises Nigeria’s 2026 growth forecast to 4.3%

The World Bank has upgraded its 2026 economic growth forecast for Nigeria to 4.3 per...

Corruption is Nigeria’s major obstacle to economic advancement — Tinubu

President Bola Ahmed Tinubu has described corruption as a major obstacle to economic advancement and...

Subsidy removal, FX reforms are restoring investor confidence — Shettima

Vice President Kashim Shettima has said the removal of petrol subsidy and the reform of...

Nigeria has the smallest budget among 10 most populous nations — Minister

The Minister of Budget and Economic Planning, Senator Abubakar Bagudu, has said Nigeria operates one...

Tinubu stabilising economy, Nigeria in safe hands — Okpebholo

Edo State Governor, Monday Okpebholo, has thrown his weight behind President Bola Tinubu’s administration, expressing...

CBN may hold rate cut amid rising crude, fuel prices — United Capital

The Central Bank of Nigeria may delay a reduction in its Monetary Policy Rate, as...

Why Nigerians should care about rising foreign reserves

For many Nigerians, the phrase “foreign reserves” sounds like something reserved for economists in air-conditioned...

Civil servants demand ₦500 fuel price, wage award from Tinubu

Civil servants under the Joint National Public Service Negotiating Council Trade Union Side, have written...

Domestic assets surge as Nigeria’s foreign assets weaken

Nigeria’s Net Domestic Assets climbed by 27.1 per cent year-on-year to N101.006 trillion in July...

NLC demands wage awards to cushion rising petrol prices

The Nigeria Labour Congress has called on the Federal Government to approve wage awards for...

Lagos ports handled 84.6% of Nigeria’s Q2 trade — NBS

Lagos ports handled an estimated N35.07 trillion, representing 84.6 per cent of Nigeria’s total merchandise...

Fitch warns Nigeria’s $5bn swap deal carries major debt risks

Fitch Ratings has warned that Nigeria’s proposed $5 billion Total Return Swap could expose the...