Category: Economy

NEC unveils framework to achieve $1trn economy by 2030

The National Economic Council on Thursday unveiled the framework for the Renewed Hope Development Plan...

FG to boost GDP by 21% with digital e-governance bill

The Federal Government has said that Nigeria’s Gross Domestic Product could receive a major boost...

AfDB, Nigeria launch workshop to boost trade with Benin, Cameroon

The African Development Bank, in collaboration with Nigeria’s Federal Ministry of Industry, Trade, and Investment,...

Shettima presides over NEC meeting in Abuja

Vice President Kashim Shettima on Thursday presided over a meeting of the National Economic Council...

Govs target $100bn GDP from creative sector by 2030

The Nigeria Governors’ Forum has pledged to support the Federal Government’s initiative aimed at enhancing...

States oppose Electricity Act amendment over subsidy reintroduction concerns

The Forum of Commissioners of Power and Energy in Nigeria has expressed strong concerns over...

Formal savings surge in Nigeria, other developing countries – W’Bank

The World Bank’s Global Findex 2025 report has revealed a record increase in formal savings...

CBN schedules 300th MPC meeting for May 19-20

The Central Bank of Nigeria has announced that the 300th meeting of its Monetary Policy...

AfDB to commit $650m annually to accelerate Nigeria’s economic growth

The African Development Bank Group has unveiled a bold five-year Country Strategy Paper for Nigeria,...

W’Bank commits to supporting Nigeria’s human capital development goals

The World Bank has pledged to deepen its partnership with Nigeria to boost the country’s...

Naira struggles in FX market despite CBN’s interventions

The mixed performance of the naira in the foreign exchange market reflects the ongoing challenges...

Nigeria’s exchange rate falls to N1,600/$1 amid Trump’s tariffs

The naira fell to N1,600 per dollar at the close of trading on April 4,...