Category: Economy

MAN urges CBN to cut lending rates below 5%

The Manufacturers Association of Nigeria has continued to bemoan the high interest rates in the...

Business confidence rises as Nigeria’s economy expands – Report

Nigeria’s business landscape maintained its upward momentum in September 2025, as the Current Business Performance...

Nigeria’s external debt servicing gulps $2.86b in eight months – CBN

Nigeria spent $2.86 billion on servicing its external debt in the first eight months of...

Trump blames democrats as US govt shutdown begins

The United States government has shut down after lawmakers and President Donald Trump failed to...

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...