Nigeria’s current account surplus hit $4.98bn in Q1 — CBN
The Central Bank of Nigeria on Wednesday said the nation’s current account surplus grew year-on-year by 46 per cent to $4.98 billion…
Economy
If you import from third-world countries you become like them — Trump
United States President Donald Trump has explained the reasons for his admistration’s broader efforts to tighten immigration policies, especially on third-world countries.…
Africa needs to expand fish farming sector — UN
Africa needs to urgently expand its fish-farming sector to meet its food needs, the head of the UN’s fisheries division said Tuesday,…
Don’t japa, stay to build Nigeria, Tinubu tells youths
President Bola Tinubu on Friday made a direct appeal to Nigerian youths to remain in the country and contribute to its development,…
FG admits inflation, insecurity persist despite ongoing economic reforms
The Federal Government on Tuesday acknowledged that inflation and insecurity remain major challenges facing Nigerians, even as it defended the economic reforms…
FG defends Tinubu reforms, says Nigeria on path to recovery
The Federal Government on Tuesday mounted robust defence of President Bola Tinubu’s reform agenda, declaring that Nigeria is steadily emerging from economic…
Nigeria’s economy stronger but poverty worsened, IMF warns
The International Monetary Fund said Tuesday that reforms implemented by the Nigerian government had strengthened the country’s economy, but warned that more…
Africa loses billions to corruption, recovers little, Kenyan envoy warns
African countries are losing billions of dollars annually to corruption while recovering only a small fraction of stolen assets, Kenyan High Commissioner…
Foreign exchange reserves rise by $1.22bn in May – CBN
Nigeria’s external reserves rose by about $1.22 billion in May 2026, closing the month at $49.58 billion, according to data from the…
Nigeria recorded sharp drop in Q3 fiscal deficit to ₦330bn — Report
Nigeria’s fiscal deficit narrowed significantly to N330 billion in the third quarter of 2025, reflecting improved government revenue performance, tighter expenditure management,…
Tinubu takes bullets to save Nigeria from economic disaster — Onanuga
Special Adviser to President Bola Tinubu on Information and Strategy, Bayo Onanuga, has defended the Federal Government’s economic reforms. He said the…
Gold prices crash to two-month low amid US-Iran war
Spot gold has fallen to a two-month low, testing a significant technical floor at its 200-day Simple Moving Average. A clear break…