Category: Economy

Nigeria’s external reserves hit $52.02bn, highest since 2009

Nigeria’s external reserves rose to $52.02 billion on July 20, 2026, reaching their highest level...

South Africa’s inflation rises to 5% in June

South Africa’s annual consumer inflation rose to 5.0 per cent in June 2026 from 4.5...

FG considers new framework to measure economic success — Oyedele

The Minister of Finance, Taiwo Oyedele, has said that the Federal Government will adopt a...

Plateau gov pledges protection, business-friendly environment for Igbo community

Plateau State Governor, Caleb Mutfwang, has pledged to sustain a peaceful and business-friendly environment across...

79% of Nigerians still poor despite reforms — World Bank

Despite nearly three years of sweeping economic reforms by the Federal Government, about 79 per...

Standard Chartered raises Nigeria’s inflation forecast to 15.5%

Standard Chartered Plc. expects the Central Bank of Nigeria to reduce interest rates by only...

Rising prices of essential goods will deepen poverty in Nigeria — IMF

The International Monetary Fund has warned that rising prices of essential goods will deepen poverty...

Nigeria’s private sector grows for fifth straight month in June

Nigeria’s private sector sustained its growth momentum in June 2026, marking the fifth consecutive month...

UN warns DR Congo’s Ebola outbreak may push 985,000 into poverty

A new United Nations assessment has raised alarm that the ongoing Ebola outbreak in the...

How Tinubu’s reforms saved Nigeria from economic collapse — Oyedele

The Minister of Finance and Coordinating Minister of the Economy, Mr Taiwo Oyedele, says President...

MSMEs are the engine room of Nigerian economy — Shettima

The Bola Tinubu’s administration is building a sustainable, enterprise-led Nigeria, where Micro Small and Medium-scaled...

Tax reforms will bring monumental development to Nigeria — Oyedele

The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has...