Trump blames democrats as US govt shutdown begins
The United States government has shut down after lawmakers and President Donald Trump failed to break a budget impasse during acrimonious talks…
Economy
US govt faces shutdown over funding bill failure
The United States government has shut down after Democrats and Republicans in Congress failed to reach an agreement on a vital funding…
Remote work, social media earnings taxable, says Oyedele
The Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Mr. Taiwo Oyedele, stated that, starting January 1, 2026, all income…
FG reiterates commitment to MSMEs as economic backbone
The federal government has reiterated its commitment to repositioning Nigeria’s micro, small, and medium enterprises as the bedrock of economic transformation. Vice…
Trade, agriculture, telecom propel Nigeria’s economy to 4.23% growth
Nigeria’s economy expanded by 4.23 per cent year-on-year in the second quarter of 2025, surpassing the 3.13 per cent growth recorded in…
Nigeria’s GDP grows by 4.23% in Q2 2025
Nigeria’s Gross Domestic Product grew by 4.23 per cent in the second quarter of 2025, according to the National Bureau of Statistics.…
NECA applauds decline in inflation rate, urges policy shift
The Nigeria Employers’ Consultative Association has applauded the steady decline in Nigeria’s inflation rate, which has moderated for five consecutive months. According…
Nigeria needs $100bn annual investment to achieve 2050 goals — Bagudu
Nigeria must attract at least $100 billion in investments annually to meet its ambition of becoming a middle-income country by 2050, according…
Nigeria’s economy needs 40% growth to hit $1trn — Report
Nigeria needs to grow its nominal gross domestic product by 40 per cent in 2025 and next year, or its foreign exchange…
Ekiti, Kano, Oyo top list of most expensive states
The latest report from the Nigeria Bureau of Statistics reveals the ten states with the steepest annual increases in the cost of…
Nigeria’s inflation rate drops to 20.12%
Nigeria’s headline inflation rate has slowed down for the fifth consecutive month, dropping to 20.12 per cent in August 2025 from 21.88…
Nigeria targets 25% industry share of GDP by 2035
The Federal Government has launched a new industrial roadmap aimed at more than doubling the sector’s share of national output over the…