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Sanwo-Olu hails Lagos as Africa’s leading urban powerhouse

  • 6th March 2026

FG introduces system to track visa overstayers

  • 6th March 2026

Textile sector GDP falls to ₦4.384trn in 2025

  • 6th March 2026
Eni gets approval to sell Nigerian Agip Oil to Oando

FG reaches settlement with Eni over OPL 245

  • 5th March 2026

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Oil losses continue as Brent oil sells at $78 per barrel

Brent oil hits $87 amid US-Israel-Iran war

featured Oil and Gas

Nationwide blackout looms as national grid suffers fresh decline

Electricity featured

FG intensifies push to commercialise university research outputs nationwide

Technology
Nigeria’s debt crisis deepens as FG borrows N10.85trn in four months

Naira holds steady at ₦1,385/$ in March’s first trading

featured Finance

Tag: Economy

Economy featured

Senate hails FG’s launch of $7.7trn Halal economy plan

The Senate has hailed the Federal Government for the bold and forward-looking launch of Nigeria’s National Halal Economy Strategy. This strategic policy initiative aims to position the nation to competitively access the estimated $7.7 trillion global halal market and accelerate economic diversification. In a statement signed yesterday by the Chairman of the Senate Committee on […]

NESG condemns FG's N3.5tn budget for education, health
Opinion

GDP under Obasanjo, Jonathan better than Tinubu’s govt — PDP chieftain

A Peoples Democratic Party presidential hopeful, Dr. Gbenga Olawepo-Hashim, has criticised the economic performance of President Bola Ahmed Tinubu’s administration. He said Nigeria’s economy is significantly weaker than it was under previous governments and challenged top economic officials to publicly defend their record. Olawepo-Hashim spoke during an interview on Channels Television, where he addressed the […]

Economy featured

Seven critical issues shaping Nigeria’s economy in 2026 – PwC

As Nigeria transitions from economic stabilisation to growth, PricewaterhouseCoopers has identified seven key themes that will influence whether 2026 becomes a period of sustained stability or marks the start of truly sustainable expansion. Nigeria’s macroeconomic indicators are showing positive alignment. Inflation slowed to 15.15 percent in December 2025, while the economy grew by 3.98 percent […]

Economy featured

2027 elections pose big threats to Nigeria’s economic reforms – NESG

The Nigerian Economic Summit Group has warned that the 2027 general elections could pose the most serious threat yet to Nigeria’s ongoing economic reforms, cautioning that reform fatigue and policy reversals often emerge as political cycles draw closer. The warning was issued during the presentation of the NESG 2026 Macroeconomic Outlook, where the group highlighted […]

featured Investment

FG targets private investment for economic expansion

The Federal Government has announced a strategic shift from direct economic intervention to a capital de-risking and private sector-driven growth framework under its 2026 Growth Acceleration and Investment Mobilisation Strategy. The new policy direction was disclosed in a statement issued by the Minister of State for Finance, Dr Doris Uzoka-Anite, who explained that the strategy […]

FG considers removal of 7% import surcharge
Opinion

Tinubu’s reforms stabilising economy, says ex-Ondo speaker

A former Speaker of the Ondo State House of Assembly, Victor Olabimtan, has commended President Bola Tinubu for what he described as courageous and far-reaching economic reforms introduced by his administration. Olabimtan made the remark on Sunday while assessing the President’s performance in key sectors considered critical to his re-election prospects. He stated that most […]

Economy

Tinubu projects stronger economy, lower inflation in 2026

President Bola Tinubu has declared that 2026 will usher Nigeria into a more robust phase of economic growth, with his administration committed to further reducing inflation, strengthening foreign reserves and sustaining the country’s gross domestic product growth trajectory. In his New Year message to Nigerians on Thursday, the President expressed confidence in the collective resolve […]

Policy and Regulations

FG updates biotechnology policy to compete in global bioeconomy

The National Biotechnology Research and Development Agency has convened a multi-stakeholder review and validation workshop focused on updating and strengthening the National Biotechnology Policy to reposition Nigeria for participation in the global bioeconomy. The two-day workshop is scheduled for Dec. 8 to 9, 2025, in Abuja, and has gathered government officials, researchers, and experts to […]

Economy

S&P Global upgrades Nigeria’s economic outlook to ‘positive’

S&P Global Ratings has revised its outlook on Nigeria from “stable” to “positive,” while simultaneously affirming the country’s long-term and short-term sovereign credit ratings at “B-/B.” According to the international ratings body, this revision reflects increasing confidence in the trajectory of Nigeria’s external, fiscal, economic, and monetary indicators. S&P stated that the positive outlook emphasizes […]

Economy featured

Nigeria’s economy expands 11 month consecutively — Report

Nigeria’s economy expanded for the eleventh consecutive month as the Central Bank of Nigeria Purchasing Managers’ Index rose to 55.4 index points in October 2025 from 54 index points recorded in the previous month. The CBN report indicated that the sectors leading this expansion included industry, services, and agriculture. The report stated: “The composite PMI […]

Only 5% have over N500,000 in their bank accounts — Wale Edun
Economy

Economy rebounding strongly to Tinubu’s reforms, says Edun

The Coordinating Minister of the Economy and Minister of Finance, Wale Edun, has announced that Nigeria’s economy is showing strong signs of recovery following a series of bold reforms introduced by President Bola Tinubu. Speaking with State House correspondents on Thursday after briefing the President on the current state of the economy, Edun confirmed that […]

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