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Kenyan consumer group seeks details of $500m Dangote

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FGN savings bond allotments rise N11bn to N47.25bn

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Tag: Economy

How subsidy removal affects small businesses - ASBON
Economy

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 Index climbed to 107.9 points, marking a 0.6-point increase from 107.3 points in August. This is according to the latest NESG–Stanbic IBTC Business Confidence Monitor. The report indicates that businesses have remained in the expansion zone since December 2024, reflecting […]

featured News

Nigeria’s worst is over, Tinubu declares in Independence Day

President Bola Ahmed Tinubu has declared that the worst of Nigeria’s economic challenges is over, citing the results of the painful economic reforms introduced under his administration. In his Independence Day broadcast, Tinubu stated, “I am pleased to report that we have finally turned the corner. The worst is over, I say. “Yesterday’s pains are […]

Economy

FG reiterates commitment to MSMEs as economic backbone

The federal government has reiterated its commitment to repositioning Nigeria’s micro, small, and medium enterprises as the bedrock of economic transformation. Vice President Kashim Shettima disclosed this at the 6th Annual Lecture of the Development Bank of Nigeria held in Abuja on Thursday. The vice president, who was represented by the Special Adviser to the […]

Why naira-dollar can't be stable - Minister
Economy

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 becoming a middle-income country by 2050, according to Minister of Budget and National Planning, Atiku Bagudu. Bagudu made the remark at a one-day policy dialogue on Deepening Legislative-Executive Synergy for Effective Economic Governance in Nigeria, organised by the National Institute […]

Cut corporate tax to 7.5%, NACCIMA urges Tinubu
Opinion

Tinubu has stabilised Buhari’s poorly managed economy — SDP’s Adebayo

The Social Democratic Party presidential candidate in the 2023 elections, Adewole Adebayo, has said President Bola Tinubu has managed to stabilise Nigeria’s economy, which he described as poorly run under former President Muhammadu Buhari. Speaking on Channels Television’s Politics Today, Adebayo likened the economy Buhari left behind to “an emergency room patient,” saying Tinubu has […]

Economy

Tinubu’s reforms restoring foreign confidence in naira — Onanuga

The Special Adviser to President Bola Tinubu on Information and Strategy, Bayo Onanuga, has said that ongoing economic reforms are restoring foreign confidence in the Naira and positioning it as a viable international means of exchange. Onanuga, in a statement posted on his X (formerly Twitter) handle, described the development as salutary for the Nigerian […]

Opinion

Build economic growth on productivity not inflation, NESG tells FG

The Nigeria Economic Summit Group has called on the Federal Government to anchor its economic growth objectives on productivity and not inflation. Making this call in a report on the outcome of the Gross Domestic Product rebasing exercise recently concluded by the National Bureau of Statistics, NESG said: “The rebasing of Nigeria’s GDP is more […]

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

Nigeria’s money supply hits ₦114.22tn in March

Nigeria’s broad money supply surged to ₦114.22 trillion in March 2025, according to the latest data from the Central Bank of Nigeria, raising concerns about the effectiveness of the apex bank’s aggressive tightening measures. The March figure reflects a 24% year-on-year increase from ₦92.19 trillion in March 2024, and a 3.2% month-on-month rise from ₦110.71 […]

FG unveils plan to revamp cooperative sector, targets $1trn economy
News

FG unveils plan to revamp cooperative sector, targets $1trn economy

The Federal Government has launched a bold initiative aimed at revitalising Nigeria’s cooperative sector, with a long-term goal of positioning it as a key contributor to building a $1 trillion economy within the next decade. Speaking at the flag-off ceremony of a national training workshop for cooperative stakeholders in Enugu, Minister of State for Agriculture […]

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