Category: Economy

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...

Inflation rate eased to 15.39% in August — NBS

Nigeria’s headline inflation rate eased marginally to 15.39 per cent in August 2026, as the...

JP Morgan returns Nigeria to new bond index after 11 years

J.P. Morgan has included Nigeria in its newly introduced Government Bond Index–Emerging Markets Edge, assigning...

Economic gains must reach ordinary Nigerians — CIBN

Nigeria’s improving macroeconomic indicators will count for little unless they translate into lower living costs,...

Youths selling kidneys amid economic hardship — Atiku

Former Vice President Atiku Abubakar has raised the alarm over what he described as a...

MAN warns industrial sector suffocating despite 4.43% GDP growth

Nigeria’s 4.43 per cent economic growth recorded in the second quarter of 2026 is masking...

Nigeria on course to reaching $1trn economic target — Finance ministry

The Federal Ministry of Finance disclosed on Tuesday that Nigeria’s economy remains resilient and continues...

Nigeria’s economy grows 4.4% In second quarter — NBS

Nigeria’s economy grew by 4.4 per cent year-on-year in the second quarter of 2026, up...

Moody’s upgrades Nigeria’s outlook to positive amid stronger reserves

Moody’s has revised Nigeria’s sovereign outlook to “positive” from “stable”, citing stronger foreign exchange reserves...

FG reaffirms commitment to unlocking Taraba’s economic potential

The Federal Government has reaffirmed its commitment to working with the Taraba State Government to...

Digital infrastructure key to Nigeria’s economic growth – Oyedele

The Honourable Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has reaffirmed...