Category: Economy

US govt faces shutdown over funding bill failure

The United States government has shut down after Democrats and Republicans in Congress failed to...

Remote work, social media earnings taxable, says Oyedele

The Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Mr. Taiwo Oyedele, stated...

FG reiterates commitment to MSMEs as economic backbone

The federal government has reiterated its commitment to repositioning Nigeria’s micro, small, and medium enterprises...

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...

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,...

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...

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...

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...

Ekiti, Kano, Oyo top list of most expensive states

The latest report from the Nigeria Bureau of Statistics reveals the ten states with the...

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...

Nigeria targets 25% industry share of GDP by 2035

The Federal Government has launched a new industrial roadmap aimed at more than doubling the...

Nigeria needs 21.9% growth for $1trn economy – Report

Nigeria would require a minimum annual growth rate of 21.9 per cent at an exchange...