Category: Economy

Why Nigeria targets 7% annual GDP growth — Edun

The Minister of Finance and Coordinating Minister of the Economy, Mr Olawale Edun, has said...

53% of Nigerians don’t save — Piggyvest

More than half of Nigerians find it hard to save, as citizens spend 72 per...

Lagos-Calabar coastal road to boost Nigeria’s GDP to $14trn — Experts

Experts have projected that the 750-kilometre Lagos-Calabar Coastal Road could transform Nigeria into a multi-trillion-dollar...

FG launches OHOPRS to lift 50m Nigerians from poverty by 2030

The Minister of Humanitarian Affairs and Poverty Reduction, Dr. Bernard Doro, has inaugurated the “One...

Nigeria’s net domestic credit drops 6.9% to ₦109.4trn

Nigeria’s Net Domestic Credit has dropped by 6.9 per cent Year-on-Year in January 2026 to...

Nigeria’s balance of payment surplus drops 38% to $4.23bn

Nigeria’s external sector faced significant headwinds in 2025, as the country’s overall Balance of Payments...

China’s economy starts 2026 strongly amid US-Israel-Iran war risks

China’s economy kicked off 2026 on a stronger note, with factory output accelerating and gains...

NGX, SEC review free-float rules to boost market liquidity

Nigerian regulators are reviewing free-float requirements for listed companies to boost liquidity, deepen the equity...

JUST IN: Nigeria’s inflation eases slightly to 15.06% in February

Nigeria’s headline inflation rate moderated marginally to 15.06 per cent in February 2026, down from...

Subsidy removal pushes Nigeria’s poverty rate to 63% — Report

About 63 per cent of Nigerians fell below the poverty line after the removal of...

Nigeria’s economy strong against Middle Eastern tensions — Cardoso

Central Bank Governor Olayemi Cardoso has assured that Nigeria’s ongoing macroeconomic reforms have fortified the...

Net forex inflow drops 18.3% to $61.29bn in 11 months

Net foreign exchange inflow into the Nigerian economy declined by 18.3 per cent year-on-year to...